«Cotovio» photovoltaic project: ground-mounted solar plant in the south of Portugal
EKZ Renewables AG has acquired the «Cotovio» photovoltaic project in the Algarve, Portugal. The 49-megawatt plant does not receive any state subsidies, meaning its power will be sold on the market. The ground-mounted solar plant is located close to the city of Portimão in the south of Portugal. After a construction phase of around nine months, commercial operation is expected to commence in the fourth quarter of 2020. The solar plant is expected to generate 91 GWh of clean power every year, which corresponds to the energy requirements of around 20,300 households.
«Parque Eólico de Mavila II» wind turbine project: Wind power plant in Portugal
EKZ Renewables AG has acquired the «PESMA II» onshore wind turbine project in Batalha, Portugal. The 20-megawatt wind farm, consisting of a total of 6 wind turbines, receives state subsidies, i.e. the electricity is purchased at a guaranteed tariff by the Portuguese utility EDP. The wind farm project is located near the town of Fatima, north of Lisbon After a construction phase of around nine months, commercial operation is expected to commence in the fourth quarter of 2020. The wind farm is expected to generate 71 GWh of clean power every year, which corresponds to the energy requirements of around 15,800 households.
Parque Eólico do Norte dos Candeeiros (PENC): Wind power from Lisbon
Parque Eólico do Norte dos Candeeiros (PENC) stands around 120 kilometres north of Lisbon. EKZ Renewables Ltd purchased a fully planned wind farm project there in late 2013. The PENC wind farm went into operation one year later. It generates around 29 gigawatt hours of electricity per year, equivalent to the consumption of about 6500 households.
Parque Eólico Zibreiro and Parque Eólico Vieira Cabreira
At the end of 2016, EKZ Renewables Ltd purchased another two wind farms in Portugal: Parque Eólico Zibreiro, which is 150 kilometres east of Porto, and Parque Eólico Vieira Cabreira, 100 kilometres north-east of Porto. EKZ Renewables Ltd holds the majority stake in both wind farms.
Zibreiro went into operation in 2007 and Vieira Cabreira in 2009. These two wind farms make use of the good wind conditions at their elevated locations and, with five wind turbines in total, generate around 19 million kilowatt hours of electricity. This roughly equates to the consumption of 4200 households.
Parque Eólico de Marvila I& II (PESMA I & II)
The wind farm Parque Eólico de Marvila I «PESMA I» and the development project Parque Eólico de Marvila II «PESMA II» were taken over by EKZ Renewables Ltd in 2017/18. Both power plants are 100% owned by EKZ Renewables Ltd and are located about 120 kilometers north of Lisbon. PESMA I has been in operation since 2008 and consists of six Senvion wind turbines with a total output of 12 MW. PESMA II has been in operation since 2020 and consists of six Vestas wind turbines with a total output of 20 MW. PESMA I produces around 36 million kilowatt hours of electricity annually, PESMA II around 73 million kilowatt hours of electricity annually. This roughly equates to the consumption of over 8000, respectively 17000 average four person households.