Polish R Power acquires 59MW Portuguese PV portfolio

Green Energy

Polish company R Power has invested in a portfolio of solar projects in Portugal totaling 59 MW (megawatt).

The investment is worth PLN 160 million (USD 41.76 million), R Power said adding that the total capacity of the plants that the company will own in the country will reach almost 70 MW, reported energy portal reNEWS.

According to the report, the plants are located in different parts of the country, including Santarem, Portalegre and Castelo Branco.

They will generate around 100 GWh (gigawatt-hours) of electricity a year, enough to meet the needs of nearly 30,000 households. All the investments are expected to reach the construction-ready status in 2021, with construction to begin in 2022. 

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