Through the procurement exercise, the Portuguese authorities want to select floating PV projects between 8 to 10 MW in size. Six water reservoirs have already been identified for their deployment.
An investment of around €5 million will allow an old solar panel factory in the Beja district to reopen and create more than 40 new jobs. Galp Energia’s former director of innovation is part of the new team.
The funds will be used to support innovative agrivoltaic projects and may cover up to 70% of a project’s upfront costs.
Albanian utility KESH has secured funding for its 12.9 MW floating solar plant and, in Spain, the Port of Malaga is planning a 2.1 MW floating facility. Construction began on two unsubsidized solar plants in Germany and Portugal. Enel and Sterling & Wilson will build two large solar plants in Peru and the US, respectively.
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.
The Portuguese utility also wants to close all its coal power plants by 2025.
Located in Evora, southern Portugal, the solar park is being planned by a Spanish-Portuguese consortium. The plant will be linked to a 10 MW storage system.
German group WiNRG completed three of the six projects totaling 205 MW that it is currently building in Portugal.
The Portuguese and Dutch governments want to connect the hydrogen project of Sines to the Port of Rotterdam and to develop a strategic export-import value chain to ensure the production and transport of green hydrogen to the Netherlands and its hinterland.
Portugal’s recent PV auction marks a new era of battery storage for the country, says UK consultancy Everoze. It notes that the auction was so competitive that the winners had to cut their expected remuneration in the solar+storage category to negative values. It claims that the real winner is the government, as it is maximizing the value of scarce grid capacity, and argues that the auction could become a benchmark for nations with limited grid space.
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