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Portugal

A guide to Europe’s booming PPA market

Recently, the market for power purchase agreements has evolved, opening grand opportunities for solar companies. In this pv magazine Webinar, we will look at a Swiss alpine solar project in greater detail and learn what it takes to build a good PPA project.

Covid-19 outbreak at PV plant construction site in Portugal

A total of 6 Covid-19 positives have just been detected among workers at the Solara4 plant, located in the Portuguese Algarve. According to information obtained by pv magazine, work at the facility has been partially stopped.

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Portuguese authorities review 1 GW solar project with Tesla batteries

A newly proposed solar project in Portugal could almost double the nation’s installed PV capacity. The installation will likely require an investment of around €1 billion.

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EDP wants to deploy another 13 GW of renewables by 2025

The Portuguese utility also wants to close all its coal power plants by 2025.

Engie commissioned 630 MW of solar in 2020

The French energy business said PV made up 21% of the 3 GW of new renewables generation capacity it installed last year, with the majority of its total new clean power facilities arriving in North America.

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EU records annual rise of 7 TWh in third-quarter solar output

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

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EDP acquires stake in Brazilian distributed-gen PV company

Portuguese utility EDP has agreed to buy a minority stake of up to 40% in Brazil’s Blue Sol Participações.

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Bulgaria and Romania set to be EU solar hotspots

Each of the nations, like Greece, will have gigawatt-plus solar additions in 2024, according to Solarpower Europe, enough to carve out a 3% slice of an anticipated 35 GW regional market.

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End of subsidies could fuel the corporate PPA boom in Europe

Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.

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Portugal hits 1 GW milestone

Portugal now has more than 1.03 GW of operational PV capacity, making solar its third-biggest renewable energy source behind hydropower (7.1 GW) and wind power (5.4 GW). However, PV remains the resource with the greatest growth potential in the country.

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