Portugal launches auction for 263 MW of floating PV
29 November 2021The Minister of Environment and Climate Action of Portugal, João Pedro Matos Fernandes, has launched an auction for 263 MW of floating solar PV capacity to be deployed on seven national dams.
The minister revealed in a press conference that interested developers will have until January 29, 2022, to submit their project proposals
In the auction, 263 MW will be allocated across seven different dams: Alqueva (50 MW), Castelo de Bode (33 MW), Cabril (33 MW), Alto Rabagão (42 MW), Paradela (13 MW), Salamonde (8 MW) and Tabuaço (17 MW)
The vice president of the Portuguese Environment Agency (APA), José Carlos Pimenta Machado, explained that in the territories of the dams under concession, “the body of water is public, the bed and the banks are private,” which allows auctions to be held openly.
The minister further clarified that power production by the floating facilities will be allowed for 30 years, but that the selected developers will be awarded a 15-year power purchase agreement (PPA). “Then they have the other 15 years to produce under normal market conditions,” he said.
Related
-
Emerge and EDB to collaborate on developing and financing UAE solar projects
12 August 2025
-
Egypt-UAE joint venture wins Ivory Coast solar tender at €0.0310/kWh
12 August 2025
-
IFC loans $250 million for Oman polysilicon project
12 August 2025
-
Indonesia unveils plan for 100 GW of solar minigrids and centralized power plants
12 August 2025
-
Philippine energy group keen to invest in Vietnam’s power sector
11 August 2025
-
Nofar Energy set to secure financing for 515 MW of solar in Romania
10 August 2025