Portugal Initiates Europe’s Largest Floating Solar Project with 45 Million Euro Investment

Groundbreaking Project Unveiled by Alqueva Development and Infrastructure Company (EDIA)

Portugal is set to break new ground in renewable energy with the launch of Europe’s largest floating photovoltaic project by the Alqueva Development and Infrastructure Company (EDIA). The ambitious initiative, with a base tender price of 45 million euros, marks a significant step towards sustainable energy solutions.

Unprecedented Scale and Environmental Impact

The project, encompassing four Production Units for Self-Consumption (UPAC) and associated pumping stations, is poised to become the largest floating photovoltaic endeavor in Europe. With an estimated annual production of 90 gigawatt-hours (GWh), it is expected to meet the energy needs of two-thirds of the population in Baixo Alentejo.

The photovoltaic panels, mounted on floating structures occupying approximately 42 hectares on the water, will contribute to a substantial reduction in carbon emissions. Approximately 100,000 photovoltaic panels are projected to be installed, mitigating the release of 30,000 tons of carbon dioxide (CO2) annually.

Economic Implications and Operational Excellence

This groundbreaking project not only signifies a major leap in Portugal’s commitment to renewable energy but also holds economic significance. The base tender price of 45 million euros underscores the country’s substantial investment in clean energy infrastructure, further solidifying its position as a frontrunner in sustainable practices.

As EDIA initiates the contractual procedure for installation, licensing, and supply, Portugal anticipates redefining its energy landscape with an innovative and environmentally conscious approach. The floating solar project is a testament to the nation’s dedication to reducing its carbon footprint and embracing a greener future.

Source:theportugalnews.com

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