Ourika

Portugal

Location

Ourique, Grandajos,
Portugal

Plant Power

46 MWp

Plant Typology

Ground-mounted

Plant Production

80,000 MWh/year

Grid Connected

Q2 2018

  • Excellent resource with one of the highest irradiation levels in Europe.
  • 20-year Corporate Power Purchase Agreement (PPA) with investment-grade Iberian counterparty.
  • Strategic sale to Allianz Insurance was announced in October 2018; their first renewable energy investment in Portugal.

Ourika is the first large-scale unsubsidised solar PV power plant in Iberia backed by an innovative 20-year Corporate PPA – the first of this scale in this market