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The Warsaw Voice » Other » June 3, 2009
Portugal in Poland
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Energy for the Future
June 3, 2009 By W.¯.    
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Martifer Renewables, a leading Portuguese company in the energy sector and part of the Martifer Group, has been focusing in recent years on developing renewable energy. Martifer began business operations in Poland in 2003.

Martifer Renewables has a presence in 13 countries: Portugal, Germany, Spain, Poland, Romania, Slovakia, Ukraine, the United States, Brazil, Bulgaria, Australia, Greece and Italy. It is present in the electricity production market through solar, hydro, wind and wave technologies, and it has been increasing its presence in several countries developing energy production from renewable resources.

Martifer Renewables now has a portfolio of 104.6 MW of installed capacity. It includes 96.7 MW of installed capacity in wind farms operating in Germany, Brazil, Poland and Portugal. In Poland, the first 10 MW have been operational since the start of June this year.

In 2008, the renewable energy segment recorded revenues of 167 million euros, including 124 million resulting from turnkey construction activity in Portugal, Spain, Poland and Romania, and the balance resulting from the production of components, namely steel towers and gearboxes.

Martifer began business activity in Poland in 2003, with the construction of a steel structures factory in the Katowice Special Economic Zone in Silesia, which started operations the following year.

As well as producing steelworks, Martifer acts as a general contractor, and has accumulated a large portfolio of successfully completed projects in Poland, such as logistic centers, warehouses, bridges, shopping centers, and factories.

In 2005 Martifer Renewables initiated the development of its 10 MW wind farm in the Podkarpacie region. The farm, constructed by Martifer Energy Systems, has already started production of electricity. In the West Pomerania region, the company's biofuels division Prio focuses on the agricultural stage in the process of biodiesel production.

Martifer Renewables is receptive to various technologies but has greater focus on wind power, which has mature technology and lower production costs, representing about 90 percent of its current portfolio.

Although most projects in the portfolio are about wind power, Martifer Renewables is also aware of the enormous potential of solar energy, leveraging on synergies within the Martifer Group.

The solar photovoltaic projects that Martifer Renewables owns in Spain, with an installed capacity of about 7 MW, started production in 2008. It is expected that by the end of June electricity generation will reach regular production levels.

In 2008 Martifer Renewables entered the solar thermal segment, through an agreement to develop, build and operate a hybrid solar power plant composed of two power generation groups of 53.4 MW each in California. These projects will use a solar parabolic trough, the most tested and competitive technology available on the market today, to supply on-peak power and biomass from agricultural waste to generate off-peak power. This combination allows continuous production from the power plant. It is estimated that the projects will begin construction in 2012.

Martifer Group has approximately 120 companies, present in over 20 countries, divided in four business areas: metallic construction, energy systems, electricity generation, agriculture and biofuels. Martifer has been listed on Euronext Lisbon since 2007. Last year it had 901.9 million euros of operational revenues. Through Martifer Renewables, the Group promotes, develops and manages electricity generation projects from renewable sources, across several technologies and several geographic areas.
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