Mapping the road to 9 GW of Portuguese solar PV by 2030
The major platform for knowledge exchange and networking in Portugal’s PV market returns to Lisbon
July 25 - The 4th edition of the Solarplaza Summit Portugal will once again unite key national stakeholders and prospective international players to discuss the status, challenges, and opportunities of the Portuguese PV market.
Already a renewable energy powerhouse, Portugal covers over half of its electricity production with renewables. As hydro and wind energy developments are slowing down, solar energy is emerging as the renewable technology with the highest potential for growth.
Adding around 701 MW of new PV systems in 2021, Portugal now boasts around 2 GW of cumulative capacity and aims to cross the 9 GW threshold by the end of the decade under its PNEC plan. New emerging technologies like storage, floating PV and green hydrogen, coupled with the 'European Fit for 55' plan might up the ante even more. The new energy plans should mobilize more than €25 billion of private and public investments in the RE sector over the next 10 years.
All the factors above signal a strong period of growth, but with growth comes greater challenges and market complexities. At the Solarplaza Summit Portugal, you will get answers to your burning questions from the key market stakeholders and international players that are working on overcoming these challenges on a daily basis. We welcome you to join and take stock of the progress and developments in the market while establishing connections to accelerate the growth of the Portuguese solar market.