Wholesale solar power station in Portugal

How many solar panels are installed in Portugal?

The entire work cost more than 250 million with more than 376,000 solar panels, the power plant has a capacity of 62 MWp. On fixed structures, approximately 190,000 panels are installed, while 52 thousand Euro worth panels are installed on single-axis trackers. In Portugal, Galp begins construction on its first large-scale solar PV installation.

Does Portugal have a solar energy sector?

Portugal's solar energy sector is experiencing rapid growth as a result of government policies that prioritise the development of renewable energy. Solar power is essential in the pursuit of the nation's ambitious goal of generating 80% of its electricity from renewable sources by 2030.

Is Portugal a good place to invest in solar energy?

Portugal's regulatory framework is supportive of renewable energy, and it includes subsidies for solar installations and investments in grid integration. The country's moderate climate and high solar potential render it an ideal location for solar energy development, offering a plethora of opportunities for investors and developers.

How much solar power will Portugal produce in 2023?

Solar installed capacity reached 1.03 GW by the end of 2020, accounting for 3.6 percent of the total production of power. Portugal established a target of 6.4 gigawatts of installed capacity by 2023, with a goal of 9 gigawatts by 2030. A plant in Coruche will generate seventy megawatt-hours each year.