Portugal is a key market for the company. R.Power already operates a portfolio of around 50 MW in Portugal. It consists of eight photovoltaic plants in Terena, Serta, Mosteiros, Tremes, Alhais, Elvas, Macao and Arada. Together, these plants generate around 100 GWh of solar power per year. The company plans to commission further projects with a capacity of 10 MWp in Lagos and Portimão by the end of the first quarter of 2025. This will increase annual solar power generation by a further 20 GWh.
largest Polish investor in the EU in renewable energy sector
‘We are determined to build a total capacity of 100 MW in this part of Europe and consolidate our position as the largest Polish investor in the renewable energy sector on the continent,’ said Przemek Pięta, co-founder and CEO of R.Power.
Also see: Lightsource BP sells solar park in Portugal to Exus Renewables
In 2025, R.Power will begin construction of three new projects in Paiao, Feira and Trancoso, which will have a total capacity of 43 MW and generate 80 GWh of energy per year.
Also see: Baywa r.e.'s first agri-PV plant in Spain is financed via a PPA with VELUX
At the same time, the company plans to further develop large battery storage systems (BESS) and invest in the wind energy sector to support the energy transition in the region. ‘In Spain, we are starting to build projects with a capacity of 23 MW, which will generate over 45 GWh per year,’ adds Pięta. This is not the end of the story. (nhp)
