Portugal

70MWA of capacity at Alqueva has a CfD for 15 years and also allows for growth of solar as well as wind

Portugal will certainly aim to raise the share of renewables in electricity manufacturing to 80% by 2026, four years previously than previously prepared, its brand-new government introduced ahead of the nation's most recent solar public auction.

Spain is to fast-track solar PV projects with generation abilities of as much as 150MW as part of a collection of actions the country has enacted to help relieve an energy crisis influencing the nation.

Portugal will certainly stop calling for environmental effect evaluations for new solar projects with a capacity of under 50MW as part of federal government efforts to accelerate PV deployment.

Spanish utility Iberdrola SA (BME: IBE) announced on Wednesday that it has actually started building a 13.51-MW solar PV park in Portugal.

Portuguese renewables firm Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has inked an offer to buy a 50% stake in a 243-MW Portuguese solar portfolio presently under growth by Infraventus.

Solar implementation in Iberia is being held back by planning as well as permitting and also laws unfit for the emerging power paradigm and European Commission intervention might be essential, a panel of investors has concluded.

The deadline for sending applications ended last Wednesday at 23:59, with the period for obtaining proposals having actually run because January 29. The nation's National Energy as well as Climate Plan sets 2030 targets for emissions decreases, energy efficiency and renewable resource, looking to achieve affordable carbon neutrality by 2050.

Norwegian start-up Otovo has actually protected NOK300 million (US$ 33.7 million) through an exclusive placement to sustain the growth of its solar marketplace right into six brand-new European countries.

Swiss renewables developer Smartenergy Invest AG has actually begun the building and construction of a 63.5-MWp solar park in Portugal which will provide green electrical power to more than 26,000 homes.

Two of the 4 solar plants south of Lisbon boast bifacial modern technology

The European Investment Bank (EIB) will certainly support the addition of 430MW of solar PV as well as wind in Spain and also Portugal with a EUR100 million (US$ 114 million) financing offer.

The Tâmega complicated will certainly have the capacity to create 1,766 GWh a year.

Partnership with Portuguese gas utility Dourogás will explore potential of 8 sites

Portuguese utility Galp Energia and also Swedish battery manufacturer Northvolt stated Tuesday that they were joining forces to integrate in Portugal one of Europe's very first lithium conversion plants at a price of 700 million euros ($790 million).