As such, the company can install 58 megawatts (MW) of PV in the country.
According to Portuguese news agency LUSA, the government earned a total of 86.53 million from the auction. Neoen made a total offer of over 42 million, reports the Portuguese daily, Diario Economico.
Portugal-based Sol Cativante also did well, having received 17 projects, which will enable the firm to develop 34 MW: each project corresponds to two MW. The company paid the State over 36 million, or between 1.15 million and 2.27 million per project.
Other companies involved in the auction included HyperSolar and Donauer Solar Systems, which will develop two projects each, while DST and the Ecopremener and Promenerland consortium will develop one.
Also this month, Neoen announced the launch of the construction of the largest PV project in metropolitan France – a 3.3 MW system, which includes the installation of a PV production centre at a city parking lot, located over 105 solar canopies. This will reportedly enable the protection of the vehicles and, at the same time, generate three gigawatt hours of electricity per year, the equivalent to annual consumption for 2,500 people. The project is to be fully financed by Neoen, at a total investment of 12 million.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.