A consortium will develop the huge project with Danish wind turbine maker Vestas by 2030.
Spanish renewables company Acciona has commissioned Spain’s first floating installation and utility EDP has finalized the first, 1 MW phase of a 4 MW project at the Alqueva water reservoir in southern Portugal.
The proposed projects come from Portuguese and European companies covering the entire value chain. The call, which has a budget of up to €40 billion, is part of the country’s hydrogen strategy.
Solar developers can submit applications from today. The rules of the procurement exercise were published by the nation’s Directorate-General for Energy and Geology.
The Ministry of Environment and Climate Action will permit 220 self-consumption projects with generation capacities of no more than 1 MW to be connected immediately. The usual long-winded permitting process has been side-stepped as the government seeks to enable financially-stricken enterprises to benefit from lower energy bills during the public health crisis.
State secretary for energy, João Galamba, said the planned procurement round will have to wait for markets to be less turbulent. The auction was due to be held in April. Meanwhile, a dedicated portal for future rounds has been created.
Galp Energia aims to develop a sustainable power project portfolio based on solar and wind. It will devote up to 15% of its total investments to its renewable energy plans.
The minister of environment and energy transition has told parliament two auctions for large scale solar will be held this year, with a new procurement round now planned. The minister revealed energy storage may play a part in the capacity tenders.
The Alqueva Dam on the Guadiana River, in southern Portugal, will host ten floating PV projects mostly financed by a €45 million Council of Europe Development Bank loan.
The regulations will come into effect on January 1 and will improve upon the regime introduced in 2014. The new provisions will for the first time provide a legislative framework for energy communities and storage deployment.
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