- Creates the companies of Portuguese nationality, Greenalia Power Portugal and Greenalia Solar Power.
- The group is evaluating its participation in the next renewable energy auction -with photovoltaic technology- in the neighboring country
July 1st, 2019
Greenalia, a company that produces renewable energies, has started its activity in Portugal, creating two new companies, Greenalia Power Portugal and Greenalia Solar Power.
In this way, Greenalia consolidates its strategy throughout the Iberian Peninsula and take advantage of the synergies with the projects planned in Spain. In addition, Portugal is a country with a great resource capacity and belongs to the same common electricity market.
Greenalia Power Portugal, with direct dependence 100% of Greenalia, will act as an economic unit and independent branch of activity and Greenalia Solar Power will be the subsidiary that will develop the activity in the area of photovoltaic energy production.
In addition, in the coming weeks, Portugal will develop a renewable energy auction with photovoltaic technology in which the Greenalia group is assessing its participation.
Portugal is strongly committed to the development of renewable energies, especially with solar energy. The government plans to triple the installed capacity from 572MW in 2018 to 1.6GW by 2021. Between that year and 2030, the target rises to 8.1GW-9.9GW.
Greenalia is an independent producer of energy exclusively with renewable technologies. The company uses only wind, sun and forest biomass, from the remains of certified forest cuttings, to generate electricity in harmony with nature, providing employment and innovation in the areas where it operates.
Since 2017, it is present in the Alternative Stock Market (MAB), behaving as one of the best values for performance. Greenalia has its HQ in A Coruña and production centers planned in Galicia, Asturias, Extremadura, Valencian Community, Andalusia, Murcia and Castile and La Mancha.