Photovoltaic complex

IBERDROLA announced on Monday, February 6, that it obtained an environmental permit to build the largest photovoltaic project in Europe. With 1,200 megawatts (MV) of installed power, it will be located in the municipality of Santiago de Cacem (near Sines, a logistics hub in southern Europe), in Portugal.

The plant will be called ‘Fernando Pessoa’ in homage to the Portuguese poet and is expected to be operational in 2025. It will be capable of supplying clean energy be capable of supplying the annual needs of 430,000 homes. Its network connection will be contracted with the Portuguese operator REN. The new plant will avoid the con­ sumption annually of 370 million cubic metres of gas and act as an example of the coexistence of new renewable developments.

Portugal recently announced a regulatory programme to promote and expedite the deployment of clean energy, attract investor confidence, achieve climate targets, and accelerate the response to the double challenge of the climate and energy crisis in Europe.

Iberdrola affirmed an investment of an “additional €3,000 million in wind and solar energy” in the country for the next few years. As a result, it will operate more than 92 MW of wind power distributed over various parks.