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China,Portugal : CHINESE group acquires solar parks in PORTUGAL.

The China-based Hanergy Solar Group has informed in a Hong Kong exchange filing that it has inked a deal to acquire solar energy parks in Portugal from an undisclosed party.

The acquired parks hold a total capacity of 2.2 megawatts.

Solar power and water and sanitation are the new business areas for Chinese firms in Portugal, where the country already has a presence in power production and distribution.

The Portuguese secretary of state for Energy, Artur Trindade said on March 02 that his country was attracting investments of multi-million dollars in photovoltaic parks, especially in the Alentejo region.

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Publication:Mena Report
Date:Apr 9, 2013
Words:112
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