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18Q1

Naxitis acquires 25 MW in Portugal

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Naxitis acquires 25 MW in Portugal

The French corporate and investment bank acquired the project from Hyperion Renewables via its unit for responsible investment solutions, Mirova. The project has already secured a 10-year PPA from local power distributor, Axpo Ibéria.

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Cox Energy secures PPA for 660 MW of solar in Spain and Portugal

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Cox Energy secures PPA for 660 MW of solar in Spain and Portugal

PV Magazine - The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.

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Portugal: “Unsubsidized” approved large-scale PV projects top 756 MW, first private solar PPA signed

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Portugal: “Unsubsidized” approved large-scale PV projects top 756 MW, first private solar PPA signed

PV MAGAZINE - These projects would be developed without direct public incentives and would sell power to the spot market – an option still considered unviable by the local renewable energy sector – or through private PPAs. Meanwhile, local power provider, Axpo Iberia has agreed to buy electricity from a 28 MW solar facility planned in southern Portugal under a 10-year PPA.

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