Helexia doubles investment to €60 million to 2026

The multinational renewables company Helexia, which has been in Portugal for eight years and operates in solar energy self-consumption for companies, is to up its investment in Portugal to €60 million over the next 12-15 months.

Since 2019, the company, which is part of the energy group Voltalia, has invested over €30 million since 2016, with an average of between €12 million and €15 million per year, but the rate of investment will increase from 2025.

“Next year, the investment will already be higher, because we have a portfolio contracted above what was expected. Therefore, the total investment will double to reach about 105 to 110 megawatts installed in renewable energy self-consumption projects in the country, in companies and industries,” said Helexia’s director in Portugal, Luís Pinho, in an interview with business daily Negócios.

With the first megawatt installed in 2017 on the roof of the Costa Verde porcelain factory (in the district of Aveiro) – 3,600 solar panels that ensure about 25% of the industrial unit’s energy needs – today Helexia is already close to 55 MW, between projects under construction and to be commissioned soon.

“We already have a pipeline of more than 50 MW, with contracts signed and in the final phase of development. Depending on how these projects go, we will be able to exceed the 100 MW threshold by the end of 2025, the beginning of 2026. And get to 105 MW, or maybe 110 MW. This is our goal in addition to the portfolio we have already awarded,” added the head of the company, which, in addition to Portugal, also operates in France (its country of origin), Italy, Spain, Belgium, Romania, Poland.