Iberdrola has successfully completed the construction of two photovoltaic plants in Portugal, increasing their total installed capacity to 37 megawatts (MW) and an annual production of 56.84 gigawatts/hour (GWh), from an investment of 30 million euros, according to the company’s official statement.
“Montechoro I and II”: The new photovoltaic plants
The ‘Montechoro I’ and ‘II’ plants, located in the Algarve, in the south of the country. These plants were awarded to Iberdrola, chaired by Ignacio Sánchez Galán, in an auction held in 2019. Both facilities have 64,554 bifacial panels that will generate enough energy to supply about 19,000 homes, avoiding the emission of more than 21 million tons of CO₂ annually.
[post_relacionado]In addition, these projects have generated around 200 jobs in the region and have boosted the local economy by contracting suppliers for the construction of the grid connection. construction of the grid connection and substation and substation.
Iberdrola will continue to invest in the expansion of its production portfolio in Portugal, where it has an installed capacity of 1,435 MW in operational projects. The group owns three hydroelectric power plants (1,158 MW) of the Tâmega generation system, which in the future will be integrated into the country’s largest wind farm (274 MW), making it the largest hybridization project in Portugal.
Expansion of Iberdrola’s photovoltaic portfolio in Portugal
Iberdrola also operates three wind farms, ‘Catefica’ (18 MW), ‘Alto do Monção’ (32 MW) and ‘Serra do Alvão’ (42 MW), in addition to several photovoltaic plants totaling 185 MW, being the largest successful bidder in number and lots in the 2019 auction. These plants include ‘Algeruz II’ in Setúbal (27 MW), ‘Conde’ in Palmela (14 MW), ‘Alcochete I’ and ‘II’ (46 MW), and the recently inaugurated ‘Montechoro I’ (12 MW) and ‘II’ (25 MW).
The last of the seven lots awarded, the ‘Carregado’ PV power plant (62 MW), is expected to be completed by the end of this year. Iberdrola also reaffirms its commitment to biodiversity protection, implementing conservation measures such as the preservation of the “Gruta Pequena do Escarpão”, a cavity of geological interest located near the ‘Montechoro II’ plant. In addition, future educational visits are planned to promote knowledge of local geology, clean energy generation and environmental benefits.
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Source and photo: Iberdrola