Martifer Solar continues PV power plant expansion goals for 2012

Facebook
Twitter
LinkedIn
Reddit
Email

Martifer Solar’s plans to expand its PV power plant projects business remains on-track after completing two of the largest PV power plants in Portugal that have a combined capacity of 22.4MWp. The project developer had around €235 million worth of projects in its backlog at the end of the first-half of 2012, with management expectation of increasing installations by a double digit amount this year, compared with around 200MW installed in 2011.

The latest completed projects are located in Avalades, Silves and Ferreiras, Albufeira, Portugal, which were developed, built and operated for a fund managed by BNP Paribas Clean Energy Partners.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“These two projects are of utmost importance for Martifer Solar and Portugal and therefore reinforce our commitment to the country, contributing to the creation of jobs and allowing a more sustainable national energy balance. It also confirms the potential of our country in the field of photovoltaic solar energy,” remarked Henrique Rodrigues, CEO of Martifer Solar.

“As a part of our strategy we saw these projects in Portugal as an excellent opportunity to increase and diversify our portfolio of renewable energy projects,” added Joost Bergsma, CEO of BNP Paribas Clean Energy Partners.
“We saw in Martifer Solar a valuable and reliable partner with the capacity to add value from the beginning and throughout the lifetime of the projects.”

The Avalades plant, is said to be one of the largest in Portugal covering an area of over 41 hectares, employing 66,080 modules with a capacity of 15.6MWp.

The Ferreirassolar plant employs 28,320 modules, in an area of over 16 hectares, with a production capacity of 6.8MWp.

Martifer Solar said that the construction of the two solar plants involved a total of 200 workers; 120 in Avalades and 80 in Ferreiras. Operation and maintenance services, in charge of Martifer Solar, will be provided by more than 10 people.

The company told PV Tech that it was now present in 24 countries. The company also expects to enter the Japanese market via a joint venture with a local player, by the end of the year.
 

Read Next

September 15, 2025
Advances in edge-based artificial intelligence are helping make solar and storage interoperable by tackling the data challenge, writes Andrew Foster.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines