Neoen wins a 65 MW PV project in Portugal and 43 MW projects in France
Post date: 14/08/2019 - 12:56
French independent power producer Neoen has won a call for tenders held by the government in Portugal for a 50 MVA solar project (around 65 MWp). This photovoltaic power plant, already at a very advanced stage of its development, is located close to the town of Rio Maior, 70 km north of Lisbon. The project wholly owned by Neoen holds a 15-year power purchase agreement (PPA) with the Portuguese government at a non-inflated price of €23.47 ($26.26) per MWh. The facility is expected to generate 130 GWh annually. Construction of the solar project will begin in 2021, with the plant due to enter service in early 2022.
Moreover, in France Neoen has been awarded projects with combined capacity of 43 MW in the invitation to bid for ground-based photovoltaic plants held recently by the French government. This capacity is spread across five projects wholly owned by Neoen, located in the départements of Charente, Indre-et-Loire, Haute-Garonne, and Landes. They are all planned on brownfield sites and will thus help to revitalize former quarries and industrial wasteland. The new solar plants are due to enter service in 2021.