June 4 (Renewables Now) - Portuguese utility Energias de Portugal SA (ELI:EDP) will develop a floating photovoltaic (PV) plant in Alqueva with a 4-MW capacity.
According to a government announcement, the local energy giant plans to invest EUR 3.5 million (USD 3.9m) in the project, which will consist of 11,000 panels capable of generating 6,000 MWh annually. The new project replicates on an industrial scale the 840-panel Alto Rabagao plant, successfully operating since 2016.
The Alqueva floating PV station will also be used to test the combination of solar panels with lithium-ion batteries to store energy and the use of solar energy for water pumping to the Alqueva system.
Currently under review are plans for the management of the country's reservoirs that will reserve spaces for more such installations.
(EUR 1 = USD 1.12)