Portugal news – The largest PPA deal in the history of Portugal was just signed in the renewable energy sector with NextEnergy Capital and Statkraft.
NextEnergy Capital, a global solar specialist based in the UK, and Statkraft, that is Europe’s largest renewable energy producer and is a public company owned by Norway, just signed a Power Purchase Agreement (PPA) in Portugal.
NextEnergy Capital manages international solar fund NextPower III ESG, that owns three solar plants now being built in Portugal. The plants are expected to produce 341GWh yearly, the equivalent to powering around 98,000 homes.
Under this agreement, Statkraft will acquire the electricity production from these three photovoltaic plants. This new investment in Portugal’s renewable energy sector will supply large industrial consumers with clean and affordable energy.
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