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.
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.
Portugal to host 257 MW solar-plus-storage plant
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.
Portugal sees 74 MW of utility-scale PV coming online
German group WiNRG completed three of the six projects totaling 205 MW that it is currently building in Portugal.
Portuguese green hydrogen for the Port of Rotterdam
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.
Analysis: Initial results of Portugal’s solar+storage auction
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.
Portuguese government confirms world record solar price of $0.01316/kWh
The Portuguese government has revealed some of the preliminary results of the national solar auction which closed on Tuesday. Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, said that the 15-year contracts awarded in the auction were the key to understanding the reason of such a low price. This, combined with the rights for land and grid connection guaranteed by the auction, makes attractive bidding at low prices.
Hanwha Q Cells was biggest winner in Portuguese solar auction
The South Korean solar panel maker secured around 300 MW of the 700 MW awarded in the procurement round. The other winners are reportedly Spanish power company Iberdrola, Italian peer Enel and French-owned developer Tag Energy.
Portugal’s second PV auction draws world record low bid of $0.0132/kWh
According to financial newspaper Expresso, the lowest bid in the exercise was €0.0112/kWh, slightly lower than the $0.0135/kWh submitted by French energy group EDF and China’s JinkoPower in a 2 GW tender held in Abu Dhabi, a price which was confirmed last month.
Portugal’s 700 MW solar auction ten times oversubscribed
Minister of the environment and climate action, João Pedro Matos Fernandes, announced the development and revealed nine of the ten lots tendered include energy storage.
