French IPP Reden Solar has acquired several existing PV power plants in Portugal, representing a total capacity of 50MW.
The firm, which already has a strong presence in France and Latin America, also plans to develop new projects in Portugal in the coming years.
Thierry Carcel, president of Reden Solar, said: "This transaction marks a key milestone in the deployment of the new strategy launched by our Group a year ago with the arrival of two new key shareholders, INFRAVIA and EURAZEO Patrimoine.
“The choice of Portugal is also part of the ambitious approach taken by the State in the promotion and development of the renewable energy sector. Its commitments are now turned into action and their continued implementation plays a key role in investor confidence. Where, following the 2008 crisis, other countries have retroactively challenged their tariffs and caused the long-term departure of investors, the Portuguese government has managed to cope with the extremely difficult economic situation, hence his current credibility. "
To date Reden Solar has developed 330MW of project capacity, including 180 MW under its direct ownership. The company is involved in numerous projects at various stages of development or construction representing more than 350MW.
Input your address to see if it is solar friendly and how much you can save with solar.
Great. Your address is perfect for solar. Solar incentive is still available. Select monthly utility cost and calculate the size of solar system you will need now.
| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
|
You design, we deliver. Enjoy solar! Get Started |
CompanyAbout Solar QC Contact us Career Promotion Program |
About SolarSolar Beginner 101 Solar QC Blog News Feed FAQ |
How It WorksEasy Step 1234 2 Min Design DIY Price Checker Design DIY |
Installer Sign UpSign up to receive more high quality fresh leads. Sign up now |
|
Go Solar with Solar QC. There’s no need to shop around since Solar QC directs manufacturers to our customers with the best prices in solar industry.
|
Solar InstallerInstaller Review Join Us Finance |
ProductPanel Inverter Racking BOS |
World Class BrandCanadian Solar Solar Edge Dual Rack |
Installer APP DownloadIOS Ipad Android |
Term & Condition• Privacy Policy• Site Map• COPYRIGHT © SOLAR QC 2016 - 2024 TEL:(818) 254-8209
Welcome to the Solar QC Website. This site equips homeowners with information regarding the most effective solar products and provides access to expert solar installers and manufacturers. The information listed in the Terms & Conditions provides a list of the services provided by solarqcgroup.com with specific user obligations in reference to content, conduct, company disclaimers, copyright, and privacy. The Terms & Conditions described are designed to protect the users and solarqcgroup.com. By accessing this website, the user automatically agrees with the content of the Terms & Conditions.
A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
Comments