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Portugal is accepting applications for several PV project permits under its market regime, with a total capacity of more than 2.
1GW
, according to a government announcement.
About half of these projects (currently 35) have been able to obtain permits, while the remaining projects have a total capacity of about 1.
25GW and license applications are pending
.
The project applications were submitted to the Portuguese Energy Council
between September 2015 and May 2016.
In addition, the government pointed out that the 180MW PV project in the southern region of the Alentejo province has been authorized
under the Portuguese market system.
These projects have neither preferential tariffs nor subsidies
.
The government pointed out that the new project differs from previous projects in that the new project is regulated
by this market system.
According to the government announcement, the electricity price of photovoltaic projects in the past was more than 300 euros
per MWh.
Currently, Portugal has an installed PV capacity of about 0.
5GW
.
These capacities correspond to photovoltaic power plants at the lowest electricity price, while the rest are distributed power stations and self-generated installed capacity
.
The European Investment Bank finances PV projects
In the past year, several PV projects in Portugal have been approved by the market regime, including a 21MW PV project from Expoentfokus in Nisa, which was consulted last year, and a 46MW project
in Eurica.
In addition, the European Investment Bank (EIB) announced in January that it had financed several more PV projects in Portugal, including one of which was the Expoentfokus project, with a total installed capacity of 165MW and an estimated input cost of 130 million euros
.
The EIB announced on its website that it provided a total of around €65 million
in financing during this period.
The EIB said in April last year that it was also considering financing
two PV plants in the Alentejo with a combined capacity of 100MW.
The project costs a total of about 100 million euros, and EIB intends to provide 50 million euros in financing
.
Interconnection with Moroccan electricity
With the advancement of PV projects under the market system, Portugal has made some progress
in the last few months in terms of connectivity with its neighbours in integrating renewable energy.
Last year, renewable electricity covered 48% of Portugal's electricity mix, making it one of the countries with the highest penetration of
wind power in the world.
Currently, Portugal's only electricity interconnection partner is Spain
.
However, the Portuguese government launched a public call for comments a month ago to launch a feasibility study
on electricity interconnection with Morocco.
Portugal is accepting applications for several PV project permits under its market regime, with a total capacity of more than 2.
1GW
, according to a government announcement.
About half of these projects (currently 35) have been able to obtain permits, while the remaining projects have a total capacity of about 1.
25GW and license applications are pending
.
The project applications were submitted to the Portuguese Energy Council
between September 2015 and May 2016.
In addition, the government pointed out that the 180MW PV project in the southern region of the Alentejo province has been authorized
under the Portuguese market system.
These projects have neither preferential tariffs nor subsidies
.
The government pointed out that the new project differs from previous projects in that the new project is regulated
by this market system.
According to the government announcement, the electricity price of photovoltaic projects in the past was more than 300 euros
per MWh.
Currently, Portugal has an installed PV capacity of about 0.
5GW
.
These capacities correspond to photovoltaic power plants at the lowest electricity price, while the rest are distributed power stations and self-generated installed capacity
.
The European Investment Bank finances PV projects
In the past year, several PV projects in Portugal have been approved by the market regime, including a 21MW PV project from Expoentfokus in Nisa, which was consulted last year, and a 46MW project
in Eurica.
In addition, the European Investment Bank (EIB) announced in January that it had financed several more PV projects in Portugal, including one of which was the Expoentfokus project, with a total installed capacity of 165MW and an estimated input cost of 130 million euros
.
The EIB announced on its website that it provided a total of around €65 million
in financing during this period.
The EIB said in April last year that it was also considering financing
two PV plants in the Alentejo with a combined capacity of 100MW.
The project costs a total of about 100 million euros, and EIB intends to provide 50 million euros in financing
.
Interconnection with Moroccan electricity
With the advancement of PV projects under the market system, Portugal has made some progress
in the last few months in terms of connectivity with its neighbours in integrating renewable energy.
Last year, renewable electricity covered 48% of Portugal's electricity mix, making it one of the countries with the highest penetration of
wind power in the world.
Currently, Portugal's only electricity interconnection partner is Spain
.
However, the Portuguese government launched a public call for comments a month ago to launch a feasibility study
on electricity interconnection with Morocco.
