EnergyWatch

Nordic Solar expands with project in Portugal

A forthcoming 48.5-MWp solar farm in Portugal's Alentejo region is slated to become one of Nordic Solar's hitherto largest projects.

Photo: PR Nordic Solar Energy

Danish energy company Nordic Solar has begun construction of a new solar farm in the Alentejo region of Portugal.

With a capacity of 48.5 MWp, the facility will be one of the hitherto largest projects in Nordic Solar's portfolio, which already stretches across nine European countries, the firm states in a press release.

It's the fourth time in only eight months that the Danish energy and investment firm expands its photovoltaic portfolio.

"Nordic Solar is committed to making green energy available to even more households across Europe, and we are proud to once again be able to expand our portfolio. Through risk diversification and by continually expanding our portfolio to more European markets, our goal is to become the preferred solar energy company for Nordic investors," says Chief Executive Nikolaj Holtet Hoff.

The facility, which came about in cooperation with development partner Chint Solar, will have the capacity to supply around 25,000 households with green electricity in the area. This is a significant contribution to Nordic Solar's stated goal to support the transition to greener energy forms.

Construction has commenced and is expected to finish during 2021.

English Edit: Jonas Sahl Jørgensen

Nordic Solar to invest DKK 1 billion in new fund

Belgian acquisition secures record revenue for Nordic Solar 

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs