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.
While preparing for the country’s first, 1.35 GW solar tender in June, state secretary for energy João Galamba has revealed another procurement exercise will be held in January and rejected criticism next month’s auction has been badly designed.
The Portuguese government has approved legislative amendments that it says will facilitate its plans to auction off 1.35 GW of solar capacity this summer. The Portuguese energy minister, meanwhile, said that the government hopes to see €6 billion of investment in solar by 2030.
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.
The power company has reportedly moved to expand its Iberian solar portfolio to a huge 1.7 GW with the latest deal, signed with Trina Solar and related to projects planned for the south and east of Spain.
The utility could invest up to €7 billion in renewable energy projects up to 2022.
Portugal’s government has approved its 2018-2027 plan to strengthen its grid to integrate large volumes of renewable energy. Environment minister João Matos Fernandes has also revealed the solar auction planned for next summer will offer around 1.75 GW of capacity.
Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in system prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun.
Audax Renovables has signed an agreement with Welink under which the Spanish company will buy – for 20 years at a fixed price – the energy produced by solar facilities with a total 708 MW of generation capacity that Welink will develop in Spain and Portugal. German group Allianz will buy the solar plants after completion.
Switzerland-based Edisun Power has acquired a 49 MW solar project in northeastern Portugal which is expected to be completed in the second half of next year. Cubico has secured financing for three operational PV facilities with a 29.6 MW capacity in the south of the country.
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