Swiss utility Elektrizitaetswerke des Kantons Zurich (EKZ), in partnership with Smartenergy Invest AG, is set to invest up to EUR35 million (US$41.4 million) for the development of a solar photovoltaic facility in the municipality of Portimao in Portugal.
The Central Fotovoltaica Morgado de Arge project will consist of 110,000 solar panels spread over an area of 100 hectares of land area.
Once operational, the project is expected to generate up to 90 MWh of energy per year.
Country updates
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September 18, 2020
Endesa awarded 99 MW renewable energy project development in Portugal
Endesa Generación Portugal, a subsidiary of Enel Group’s Spanish company Endesa, was awarded 99 MW of solar with an energy storage capacity in the preliminary results of the second renewa...
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September 10, 2020
Iberdrola wins 83 MW solar-plus-storage hybrid project in Algrave
Iberdrola has been awarded a hybrid photovoltaic facility in the Algarve, Portugal. The project involves the development of a 69 MW solar farm with 14 MW battery storage which will stabilize the syst...
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September 08, 2020
Siemens, Fluence secures contract to install 15 MW energy storage system in Terceira Island
Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Electricidade dos Açores (EDA) to build a 15 MW energy storage system on Terceira Island, in...
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September 01, 2020
Portugal awards 670 MW new renewable energy development projects
The Government of Portugal has awarded new solar energy developments with a total capacity of 670 MW at a record low price of EUR11.14 (US$13.16) per MWh in one of the offerings. The solar...
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August 24, 2020
CKI, PAH divest 726 MW Iberwind portfolio
CK Infrastructure Holdings Limited (CKI) and Power Assets Holding (PAH) have signed an agreement to divest Iberwind portfolio in Portugal to JP Morgan's European wind energy platform Ventient Energ....
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