Portugal’s first floating solar auction closed with a world record-low price, with utilities EDP and Endesa among the winning bidders, the country’s environment ministry has announced.
Portugal will aim to increase the share of renewables in electricity production to 80% by 2026, four years earlier than previously planned, its new government announced ahead of the country’s latest solar auction.
Portugal will stop requiring environmental impact assessments for new solar projects with a capacity of under 50MW as part of government efforts to accelerate PV deployment.
Lots for PV projects on dams and beside motorways are set to be included in Portugal’s third solar tender, the country’s state secretary for energy, João Galamba, has said.
Portugal’s record-breaking solar auction “exceeded expectations”, a top government official has told PV Tech, confirming that Spanish company Enerland was the company with the lowest bid.
Portugal’s second solar auction has closed with record-breaking low prices of €11.14/mWh (US$13.12), the country’s government announced this afternoon.
Tariffs of €14.76/MWh at oversubscribed latest PV tender are ‘great news’ for consumers, state secretary Galamba says as he walks PV Tech through results before their official publication.
State secretary João Galamba tells PV Tech of plans to boost dispatchable renewables and shares figures and time frames for separate PV auctions this year and next.