Portuguese electricity and gas company EDP used the 2019 Web Summit event as an opportunity to undermine the role of fossil fuels.
The Portuguese utility is seeking permission to deploy a 4 MW floating solar plant at the Alqueva water reservoir in southern Portugal. The solar array will feature around 10,000 PERC half-cell solar modules.
The initiative will focus on developing new solutions for the energy sector
The 3.8 MW project is conceived for self-consumption of two facilities of the lead-acid battery manufacturer Exide in Castanheira do Ribatejo and Azambuja.
PVComplete, an Oakland, California-based solar design-software provider, today announces the completion of its Series A investment round led by EDP Ventures in Portugal and backed by Syzygy West in the US, among other investors.
The utility could invest up to €7 billion in renewable energy projects up to 2022.
The company’s renewable energy unit EDPR will sell power to an unnamed client from a solar plant to be located in Ferreira Barreto, in the Brazilian state of Sao Paulo. The Portuguese utility and wind power specialist began making investments in solar in recent times.
The blockchain technology, which was developed by Austrian company, Riddle&Code, is intended to help the Portuguese power provider measure the electricity consumption of each user who owns and operates a solar array installed under net metering.
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