Iberdrola's 37-MW Solar Duo Powers Thousands in Portugal

• Iberdrola's Montechoro I and II solar plants in Portugal generate 56.84 GWh annually, powering 19,000 homes and advancing the country's renewable energy goals.

Iberdrola has commissioned two solar plants, Montechoro I and Montechoro II, with a total capacity of 37 MW in southern Portugal. The investment for these plants amounted to EUR 30 million. The duo is equipped with over 64,554 bifacial panels and is expected to generate 56.84 GWh of green energy annually, enough to power 19,000 households.

The completion of these plants marks a significant step towards decarbonizing the economy and increasing renewable energy production in Portugal. Iberdrola currently has 1,435 MW of operational assets in Portugal, including the Tamega Pumped Hydro Complex, which is set to be integrated into a wind farm to create the largest hybrid project in the country.

What is the total capacity and investment for Iberdrola's new solar plants in Portugal?

• Total capacity of Iberdrola's new solar plants in Portugal: 37 MW
  
• Investment for Montechoro I and Montechoro II: EUR 30 million
  
• The duo is equipped with over 64,554 bifacial panels
  
• Expected annual generation of green energy: 56.84 GWh
  
• Enough to power 19,000 households
  
• Iberdrola currently has 1,435 MW of operational assets in Portugal
  
• Including the Tamega Pumped Hydro Complex
  
• The Tamega Pumped Hydro Complex is set to be integrated into a wind farm
• Creating the largest hybrid project in the country.