The company said it was able to commission its Agilde plant in Portugal after 18 months of construction. The plant can meet the energy demands of around 1,500 homes per year.
Hendrik Eden, international asset manager for the hydropower division at RWE Innogy, said the Agilde plant is RWE's sixth such facility in Portugal. Construction of the seventh, a planned 3.6 MW facility, is to begin next year.
Portugal depends largely on imported oil and natural gas to meet its energy demands. The country has around 4.6 gigawatts of installed hydropower, the European Renewable Energy Council reports.
The government there set a benchmark of getting 31 percent of its energy needs meet through renewable resources by 2020. Renewables should make up at least 10 percent of the energy used in the transportation sector by that target date as well.