top of page

R Power acquires 18MWp portfolio of PV projects from Elawan Energy

R Power has acquired a portfolio of photovoltaic projects from Elawan Energy.

Elawan Energy is a Madrid-based company, part of Japanese ORIX Group. The projects have a cumulative capacity of 18MWp.

As per the companies, the projects have been developed to a ready-to-build status and are likely to step into construction in 2024.

The PV projects are located in the West Pomeranian and Greater Poland voivodeships.

According to R Power, the “latest addition to its solar portfolio complements the company's recent success in acquiring PV sites with a total capacity of 91MWp from EOS, a joint-venture controlled by Cero Generation.”

R Power board member Klaudiusz Kalisz was quoted in a statement, "As we acquire an 18 MWp solar project portfolio, this move, following our recent 91MWp purchase, reflects our unwavering commitment on becoming a major independent power producer, driving innovation, and contributing to the transition to clean and sustainable energy sources."

He further stated, “R Power remains active in M&A sector. We are actively looking for other projects to buy, particularly those ready for construction with established grid connection terms.”

It stated that the latest development has boosted R Power's dedication to utility size projects and helped to strengthen its position as a key player in the renewable energy market in this part of Europe.


Related News

bottom of page