The city government of the Portuguese community of Palmela has authorized the location for building of a 270 MWp solar facility. Proposed by LOGZ Atlantic HUB SA, the solar park will feature 614,016 modules that generate 472,500 MWh annually.
The community has also approved the framework layout for the solar plant's link to the power grid as well as provided a Declaration of Economic and Social Passion.
The installation is still subject to the authorization of the Portuguese Environment Agency and also an environmental impact analysis.
The Universities Superannuation Scheme (USS), the largest private pension fund in the United Kingdom by assets, has taken a 50% stake in Bruc Energy, a Spain and Portugal renewables-focussed investmen...
Read moreNordic Solar has closed the purchase of a 48.5 MWp solar project in Alentejo region, Portugal from Chint Solar, without giving economic information. Upon completion of the project, it will be the big...
Read moreThe European Investment Bank (EIB) will provide EUR65 million (US$79.41 million) and BPI an additional EUR47 million (US$57.42 million) to EDP Renováveis S.A. (EDPR), one of the main prod...
Read moreCorPower Ocean is set to launch its wave energy project in the Atlantic Ocean after securing a 10-year license from the Portuguese authority. The TUPEM license – awarded by the national Directo...
Read moreEKZ Renewable has started the commercial operations of the 20MW Parque Eólico de Marvila (PESMA II) wind farm located near Fatima, around 120 kilometers north of Lisbon, in Portugal. The...
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