GreenYellow, a significant player in the energy transition, has integrated Grow Energy Management (GEM), an expert in decentralized photovoltaics, enhancing its presence in Portugal and Poland. This operation, involving two project portfolios, strengthens GreenYellow’s role in solar energy for industrial and commercial sectors in both countries. The transaction encompasses nearly 120 MW of decentralized solar projects, including a 100 MW project with Biedronka in Poland. The combined entity, GreenYellow Portugal, based in Lisbon, will focus on solar self-consumption and Energy-as-a-Service (EaaS) to accelerate business decarbonization. GreenYellow Portugal aims to develop over 100 MW of projects in the next three years, supported by GreenYellow Polska, with an investment of €150 million.
GreenYellow acquires GEM’s project portfolios
The acquisition includes 120 MW of decentralized solar projects in industrial and commercial sectors. (Image Credit: Grow Energy Management)
The initiative aligns with Bhutan’s 2040 vision to achieve 25,000 MW of energy capacity while expanding into solar and geothermal energy. (Image Source: Tata Power)
The partnership will target solar, wind, and other renewables across Belt and Road Initiative countries. (Image Credit/Source: Kindel Media/ Pexels)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)