Portugal

Galp Energia intends to create a lasting power project profile based upon solar as well as wind. It will certainly dedicate as much as 15% of its complete financial investments to its renewable resource strategies.

Oil significant Galp is to designate approximately 15% of its total financial investments to eco-friendly power generation as well as organisations, for generating a 10GW tidy power profile by 2030.

Voltalia will certainly give EPC solutions complied with by O&M solutions to Smartenergy for 3 solar ranches in Portugal with a complete ability of 134 MW.

The Portuguese unit of France's Engie SA (EPA:ENGI) has obtained solar energy firm Ikaros Hemero together with a project pipeline of over 50 MWp, local press reported Saturday.

PV InfoLink analyzed the key markets of China’s big module manufacturers, as well as product trends, based on export statistics. According to trade figures, the nation’s module exports totaled 34.2 GW in the first half of 2019, up by more than 90% from the corresponding period of 2018. In a nutshell, overseas demand has been strong in 2019.

The regulations will come into effect on January 1 and will improve upon the regime introduced in 2014. The new provisions will for the first time provide a legislative framework for energy communities and storage deployment.

Solar project milestones helped Neoen achieve a marked profit boost in the first half of 2019, culminating in the addition of more than 1GW to its clean energy portfolio.

Heineken is to fully power its Spanish operations via a new utility-scale solar plant, set to be developed by energy giant Iberdrola.

Spanish developer and utility Iberdrola is waiting for project approval from the Castilla-La Mancha government to move ahead with four utility-scale solar PV facilities in the central Spanish region.

Neoen has shed light on its winning project in Portugal’s head-turning solar auction this summer, a tender consultants now say illustrates a new, bolder attitude towards merchant risks.

Portugal has unveiled the final results of the solar auction held over the summer, identifying a handful of major foreign winners of a tender hailed as a worldwide milestone.

Of the 38 new renewable energy projects that have been awarded, 13 are PV plants, representing 96.75 MW of capacity. The average price for solar was $57.58/MWh, and the minimum was $54.22/MWh.

Portugal’s latest solar auction has concluded with record-smashing low prices, a top government official revealed to PV Tech today.

When the minister of environment and energy announced a ceiling tariff of €45/MWh, analysts speculated the price would be too low as it undercut average bidding prices in the region. Preliminary, unconfirmed results of the exercise show, however, companies are happy to bid for two-cent solar in Europe.

Portugal’s first-ever solar auction has triggered prices likely to break European records, the country’s media has reported one week before the results are known.