Endesa's EUR600 million RE park in Portugal to have Solar, Wind and Green Hydrogen

• The renewable energy park will hold projects of solar energy, wind power, green hydrogen and a BESS that will certainly replace Pego Coal Power Plant.
• Endesa has safeguarded connection rights of 224 MVA.

Enel Group subsidiary Endesa Generación Portugal will create a renewable energy park that will have solar, wind and green hydrogen projects. This will require an investment of EUR600 million in the Abrantes region of Portugal. Endesa has additionally been awarded rights to build a 168.6 megawatt (MW) battery power storage space system (BESS) additionally that will certainly replace the last coal power plant in Portugal.

The BESS will certainly be incorporated with 365MWp of solar energy as well as 264MW of wind power. Endesa has safeguarded connection rights of 224 MVA. The company will certainly additionally create a 500kW electrolyser to manufacture green hydrogen.

The press declaration says that the investment is exempt to external financial assistance as it is economically lasting. The renewable power saved in the battery power storage space system developed by Endesa will certainly be submitted right into the Public Service Electricity Grid (RESP) in a dynamic and also optimised way that will certainly reduce energy losses and enhance its usage. The surplus power that couldn't be kept in the BESS will be used to generate green hydrogen through electrolyser.

The Pego Coal Power Plant is the last one in Portugal as well as it had quit generating power back in November 2021. It had a massive capacity of 628 MW and was being handled by a joint venture between Endesa and Trustenergy. Endesa claims that currently it's developing a training plan for more than 2,000 individuals that could be suited.

Endesa had actually revealed last December that it will certainly be replacing the Pego Coal Power Plant with a renewable energy park. The business stated that its strategies are straightened with its objectives to become carbon emission free in its operations by 2050.

In November 2020, Endesa had released its vision for the present decade, for which it plans to spend an overall of EUR25 billion. With this, it will enhance its percentage of overall CO2-free emissions to 80% by 2030. Through of 2021-2023, Endesa will certainly boost investment to EUR7.9 billion to accelerate decarbonisation and also digitisation.