Endesa SA has secured rights to build and operate a 42 MW floating solar photovoltaic project that will be in Alto do Rabagao reservoir, in the municipality Montalegre, in Vila Real District in Portugal.
The project represents an investment of about EUR115 million (US$121.45 million).
The project is expected to be operational in 2026.
Country updates
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April 26, 2022
Madoqua Renewables partners Power2X, CIP for industrial-scale power to green hydrogen and ammonia project in Sines
Portuguese project developer Madoqua Renewables has partnered with Dutch energy transition project developer and consultancy Power2X and Danish fund manager Copenhagen Infrastructure Partners’ E...
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April 04, 2022
Endesa plans to develop 797 hybrid wind-solar-storage plant in Pego
Endesa, a subsidiary of Enel, has won a project that combines the solar, wind, and energy storage. Located in Pego, in the Santarém district of central Portugal, Endesa will install a 365...
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February 24, 2022
Smartenergy starts construction of the 63.5 MWp Pessegueiro solar PV project in Pinhal Novo
Smartenergy Invest AG has started the construction of a 63.5 MWp Pessegueiro solar photovoltaic project located in Pinhal Novo, south of the capital Lisbon, Portugal. The project has a tot...
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February 18, 2022
Asterion Industrial Infra Fund II reaches EUR1.8bn Final Close
Asterion Industrial Partners, an independent investment management firm has reached the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion (US$2.05 billion) in...
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February 10, 2022
Construction completed for 1.15 GW pump hydropower complex in Portugal
Iberdrola has synchronized the first 220 MW turbine at the Gouvães hydroelectric power plant, delivering clean power to the grid for the first time.
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