Iberdrola has been awarded 149 MW of photovoltaic solar power in Portugal, which the company will use to start developing this type of technology in the country. This capacity is divided between two regions (the Algarve and the Tajo Valley), under a public auction by the Portuguese Ministry of the Environment and Energy Transition through the General Directorate of Energy and Geology and organised by Operador do Mercado Ibérico de Energia (OMIP).
Iberdrola chairman Ignacio Galán said, after learning of the outcome of the biggest auction in the Portuguese energy sector in the last decade: “These new projects are an example of Iberdrola’s commitment to renewable energy sources as a way of contributing to the transition toward a decarbonised Europe”.
The group is also making progress with thelarge-scale Támega project that consists of building three new plants (Gouvães, Daivões and Alto Támega), with total capacity of 1.158 MW and an investment in excess of 1,500 million euros.This important project is expected to be commissioned between 2021 and 2023, and will increase the companies installed power by 6%. It will be capable of supplying clean energy to 440,000 Portuguese homes.With the development of the Támega plant and the new solar capacity awarded, Iberdrola, which has succeeded in reducing its emissions in Europe by 75% since the year 2000, contributes to Portugal’s commitment to achieve carbon neutrality by 2050.