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Finerge Expands Into Solar Power With €115M Hybrid Energy Projects

A bold €115M bet on hybrid energy could redefine Portugal's renewables. Finerge's solar farms will piggyback on wind infrastructure—cutting costs and accelerating green power.

,   and  ASMedia
1 min read
The image shows an aerial view of a large solar farm in the middle of a field, surrounded by trees,...
The image shows an aerial view of a large solar farm in the middle of a field, surrounded by trees, grass, plants, and water. On the ground, there are solar panels, and a train can be seen travelling along the railway track. This image is representative of the renewable energy industry, which is known for its high efficiency and cost-effective solutions.

Finerge Expands Into Solar Power With €115M Hybrid Energy Projects

Finerge, Portugal's largest wind energy producer, is building four solar farms in the country, which will leverage the existing grid connection infrastructure already used by two of the company's wind farms. These "hybridization" projects—a strategy that combines different renewable technologies at a single grid connection point—have just secured financing, with Finerge obtaining a total of €115 million from a consortium led by Caixa Geral de Depósitos (CGD), along with BCP and Sabadell.

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