In an investment amounting to €261 million, Mitsubishi Corporation has claimed a 34% stake in ACCIONA’s Amareleja (Moura) PV solar plant in Portugal. At 45.8MWp, the Moura plant is on track to become the world´s largest grid-connected photovoltaic solar plants on completion of all phases. Both companies are aiming to extend their collaboration in renewable energy and other sustainable development projects worldwide.
Mitsubishi takes a 34% stake in Amper Central Solar, the developer of the Moura plant, which is 100% owned by ACCIONA. Situated on a 250-hectare site, the plant has an estimated annual production of 93 million kWh of electricity.