The Danish company Eurowind Energy has signed an agreement to purchase shares in 11 photovoltaic projects with a capacity of 5 MW each, all located in the central Portuguese county of Aveiro.

The company said the projects are currently at an advanced stage of development, with most of them being combined into clusters of three, with a total capacity of 15 MW. Portuguese solar company Insun is developing the projects.

Under the terms of the agreement, acquisitions will only be made for projects that have reached the construction readiness stage.

If all projects were acquired and implemented, the total production would provide approximately 36,100 households with green electricity. The 11 projects would increase Eurowind Energy’s green energy portfolio to almost 120 MW.

The company is currently preparing a tender for all construction, mechanical and electrical works as well as for connecting the line to the grid.

Portugal According to data from the International Renewable Energy Agency (IRENA), at the end of 2023, the total installed solar energy capacity was 3,876 MW, while at the end of the previous year it was 2,646 MW.

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