Solaria awarded 49 MW solar project in Portugal

Solaria, through its subsidiary, Prodigy Orbyt LDA, has been awarded a nominal power of 49 MW of photovoltaic power in the 1.4GW auction promoted by the Portuguese State, held by OMIP, which has been taken to held on July 25, 26 and 29.

The award is associated with the reserve of connection capacity to the Public Service Electricity Network and a specific remuneration regime for a period of 15 years, guaranteeing a fixed price for the energy supplied of EUR19.64 (US$21.79)/ MWh.

This energy will be supplied from 4 projects located in the Alentejo region that will generate an estimated production of 100 GWh per year, equivalent to the consumption of 30,000 homes.

It is estimated that the emission of 692,860 tons of CO2 will be avoided during the life of the plant.