Records fall, market stalls
The solar industry sat up and took notice when Portugal held two record-breaking national PV auctions in 2019 and 2020, setting new global low prices for solar energy. However, sluggish progress on those much-heralded projects is now weighing on the nation’s clean energy ambitions.
Portugal’s cumulative solar capacity reached almost 2.6 GW at the end of 2022, outpacing other renewables. The country added 890 MW of new solar systems last year, according to figures published by the country’s Directorate General for Energy and Geology (DGEG). That figure fell short of the 1.1 GW predicted by the body, however, as …
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