Movhera
Miranda do Douro, Portugal
About
Founded in 2020, Movhera is a renewable energy company headquartered in Miranda do Douro, Portugal specializing in Hydro, Energy Storage.
Movhera is a Portuguese hydropower company formed in December 2020 when a consortium of ENGIE, Crédit Agricole Assurances and Mirova took over six hydropower plants previously operated by EDP. It owns, operates and maintains the plants, which have a combined capacity of 1.7 GW and generate about 3.2 to 3.4 TWh of renewable electricity per year, including pumped storage. The company is headquartered in Miranda do Douro and runs social and community programmes in Trás-os-Montes and Alto Douro, including support for fire brigades, the Portuguese Red Cross and local rehabilitation projects.
Headquarters
Founded
Focus areas
Products & services
Business models
Value chain
Service areas (1)
Hydropower generation and asset operation
Operates and maintains six hydropower plants (including two pumped storage stations) on the Douro, Tua and Sabor rivers, and sells the renewable electricity generated.
Locations
Headquarters
Miranda do Douro, Portugal
Service regions
Projects
6Miranda Hydroelectric Facility
Hydropower plant on the Douro International, operated by Movhera since December 2020.
Picote Hydroelectric Facility
Hydropower plant operated by Movhera since December 2020.
Bemposta Hydroelectric Facility
Hydropower plant operated by Movhera since December 2020.
Baixo Sabor Hydroelectric Facility
Pumped storage hydropower facility operated by Movhera since December 2020.
Feiticeiro Hydroelectric Facility
Pumped storage hydropower facility operated by Movhera since December 2020.
Foz Tua Hydroelectric Facility
Hydropower plant operated by Movhera since December 2020.
Credentials & affiliations
Industry memberships
Partnerships
Portuguese Red Cross, Just a Change, Associação de Municípios do Baixo Sabor (AMBS), Grupo Nordeste (APFNT, PALOMBAR, AEPGA), Agência de Desenvolvimento Regional do Vale do Tua, Municipality of Murça, Municipality of Torre de Moncorvo, Municipality of Miranda do Douro, Municipality of Alijó, Associação Humanitária de Bombeiros Voluntários de Torre de Moncorvo, Fire brigades of Trás-os-Montes and Alto Douro, ENGIE Hidroelétricas do Douro, ALCM Associação de la Língua e Cultura Mirandesa
Sustainability
900k
Tonnes CO₂/yr avoided
People
Management & team (4)
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