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January 11, 2022

Rio Maior Neoen Solar PV Park, Portugal

By Carmen

Rio Maior Neoen Solar PV Park is a 65MW solar PV power project. It is planned in Santarem, Portugal. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 65 65 Permitting Santarem, Portugal Neoen

Description

The project is being developed and currently owned by Neoen. The company has a stake of 100%.

Rio Maior Neoen Solar PV Park is a ground-mounted solar project.

The project is expected to generate 130GWh electricity and supply enough clean energy to power 28,000 households. The project cost is expected to be around $83.85m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2022.

About Neoen

Neoen SA (Neoen) is a renewable energy company. The company carries out the development and design; construction project management, finance, and maintenance of renewable energy power plants. In addition, it monitors the construction work of power plants. It generates electricity from various renewable energy sources including solar, wind, and biomass. The company operates solar PV farms in France and lithium-ion power reserve in Hornsdale, Australia. It has operations in Ireland, Australia, Portugal, France, Mexico, El Salvador, Argentina, Zambia, Finland, and Mozambique. Neoen is headquartered in Paris, Ile-de-France, France.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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