Solaria inaugurates 64 MW of solar in Portugal

• Solaria Energia y Medio Ambiente SA (BME: SLR), together with government officials, has actually ushered in four solar plants with an integrated ability of 64.1 MW in Portugal.

Granted in the auction that was held in July 2019, the PV portfolio consist of the 24.2-MW Mendo Marco, the 14.1-MW Monte Falcato and the 13.7-MW Herdade Canhoes parks, situated in Alentejo, and also the 12.1-MW Casais da Marmeleira solar farm in the Lisbon area.

The Spanish solar designer funded the building and construction of the solar (PV) plans under an agreement for as much as EUR 23 million (USD 28.1 m) authorized with French bank La Banque Postale.

Solaria anticipates that as soon as in operation, the solar parks will certainly be able to balance out over 690,000 tonnes of carbon dioxide (CO2) emissions each year. Overall, the firm intends to be behind 10% of the 10 GW Portugal plans to establish by 2030, it kept in mind.