Iberdrola kick-starts works on 13.5-MW solar project in Portugal

Iberdrola solar farm. Image by Iberdrola (www.iberdrola.com)

March 17 (Renewables Now) - Spanish utility Iberdrola SA (BME:IBE) announced on Wednesday that it has started building a 13.51-MW solar PV park in Portugal.

The Conde solar project is located in the Palmela municipality, in the district of Setubal, south of Lisbon.

The plant will spread over nearly 20 hectares (49.4 acres) and generate more than 20 GWh per year, enough power to meet the annual demand of some 5,000 homes. Iberdrola said that it will aim to finalise the works in 2022.

Also in Setubal, the utility will build three other solar parks -- the 27.35-MW Algeruz II, the 32.89-MW Alcochete I and the 12.72-MW Alcochete II. It secured these projects, along with Conde, in Portugal's 2019 solar auction.

The Setubal projects will be Iberdrola's first utility-scale solar parks in Portugal, where it already operates 92 MW of wind farms and is building the 1,158-MW Tamega hydroelectric and pumped storage complex. It also runs a power and retail business in the country, managing a commercial portfolio of more than 870,000 supply points.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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