Dec
04

WElink Energy’s ‘Ourika’ moment as Iberia solar project develops at pace

 

WElink Energy is leading the renewable generation revolution in Europe as it confirms the purchase and continued development of a 46MW unsubsidised solar project Ourika, located near Ourique, Southern Portugal.

Ourika commenced construction in July 2017, but following WElink Energy’s purchase of the project in the Autumn, it now is being constructed at pace after signing an EPC contract with its longstanding industrial and strategic partner China Triumph International Engineering Co. Ltd (CTIEC). The project is now due to be connected to the grid mid-2018.

WElink Group’s Chief Executive, Barry O’Neill said of the project:

‘Ourika is a great project to add to our portfolio – we are delighted to have been successful in securing it as our second major solar project of its type in Iberia. Along with our 221MW Solara4 announcement in October, WElink is now pioneering the maturation of renewables though the generation of low carbon power without public subsidy.

WElink though isn’t standing still, we have plans for further developments both in large scale solar and groundbreaking integration of solar power and battery storage technology in homes.

Eduardo Aguilar, WElink Energy’s Head of Development for Iberia, added:

“We are excited that our contribution will continue to drive electricity prices down thanks to our broader Iberian solar portfolio, starting with our Ourika project already under advanced construction.

WElink has significant ambitions for developing renewable projects in Portugal and Spain. Both countries provide opportunities for our projects and we look forward to working with Governments and others to power the future.”

WElink purchased the project from Solaer Group, a leading renewable energy developer, who become the lead subcontractor on the project.

Solaer Group Director, Adrian Mozas, commented:

‘Solaer Group is proud WElink and CTIEC deposited their confidence in us for the development and construction of the Ourika Project. We are glad to be working on the first merchant project in Portugal and one of the few of its kind in Europe. We at Solaer Group, a Spanish based business, are glad to be working back in the Iberian market.’

Ourika also received significant political support during a recent visited by the Portuguese Secretary of State of Energy, Jorge Seguro Sanches, Director General for Energy European Commission, Dominique Ristori, and Ourique Camera President, Marcelo Guerreiro.

-ENDS-

  • WElink Energy, part of the WElink Group, is an international provider of renewable energy and low-carbon construction solutions. Founded in 2007, WElink’s roots are in renewable energy with extensive experience of solar project development around the world. WElink of today has evolved into a leading innovator, developer, financial aggregator, and facilities manager of modern, energy efficient modular construction working in collaborations with the world’s leading building materials company, China National Buildings Material (CNBM), part of CTIEC. WElink currently operates in the UK, Europe, South America, and Asia.
  • CTIEC – China Triumph International Engineering Co.,Ltd. is a national comprehensive Class-A scientific research and design unit, an internationalized engineering group company and a key national-level hi-tech enterprise, and is the engineering technical platform of China National Building Material Co., Ltd.
  • SOLAER GROUP is a leading company operating in the ?eld of renewable energies since 2004. The group specializes in developing, promoting and producing engineering for turnkey projects with a clear commitment on designing and building solar photovoltaic facilities. Furthermore, the group’s business activity includes a full set of services for the facility according with the most demanding international standards. Nowadays Solaer operate worldwide, with more than 450 MW of power installed and over 130 photovoltaic systems connected. For additional information please visit solaer.net
 

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