The Greenvolt Group has secured the right to develop around 100MW in the first solar auction held by Germany this year.
Through MaxSolar, it has won a total of 5% of the capacity put up for auction.
Greenvolt chief executive João Manso Neto said: “In a highly competitive auction, Greenvolt, through its subsidiary in Germany, managed to win all the intended licences, further strengthening its pipeline of large-scale solar energy projects.
“Germany is an extremely important market for us, both because of the reference that it already is in world terms in the renewables segment, and because of the ambitious goals defined for 2030.”
The Bundesnetzagentur, Germany’s Federal Grid Agency, has gone ahead with this year’s first large-scale solar capacity auction, putting a total of around 1950MW up for bid.