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.
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.
Solar is expected to play a leading role in the Portuguese Government’s new energy plan, which includes the goals of covering 80% of the country’s total power demand with clean energy by 2030, and electrifying 65% of its economy by 2050.
In addition to unveiling Portugal’s first renewables auction, State Secretary for Energy João Galamba has said he will fight speculation in the large-scale solar business, and introduce both longer timeframes for project construction and stronger penalties.
Italian, Spanish and Portuguese scientists have published a study about energy consumption and the environmental footprint of the use of solar-hybrid irrigation systems in olive plantations in Portugal and Morocco.
Portugal’s Directorate General for Energy and Geology is reviewing another big bunch of “unsubsidized” solar schemes.
Including the latest three projects, the country’s total approved large-scale solar capacity has surpassed 1 GW. The developer is Escalabis Solar and total investment is expected to reach €81 million.
The plan is necessary to the further development of big solar parks in the southern part of the country. Overall, €474 million will be invested in grid enhancement over the next four years.
The Spanish renewable energy company will sell power to a local glass container producer for a year and a half. The electricity will be provided by its 45 MW solar park in southern Portugal, as well as by other wind power facilities.
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