The company has won the right to connect the 42 megawatt (MW) auctioned at the Alto Rabagão dam for the installation of a floating solar photovoltaic energy project.
Endesa has won the right to connect the 42 megawatt (MW) auctioned at the Alto Rabagão dam, Montalegre, in the north east of the country, for the installation of a floating solar photovoltaic energy project with an investment of €115 million, the company said on Tuesday.
“Endesa, through its subsidiary Endesa Generación Portugal, has won the first floating solar auction in reservoirs on the Iberian Peninsula with a 42 MVA [megavolt ampere, equivalent to megawatt] connection with the right to install a floating solar photovoltaic energy project in the Alto do Rabagão reservoir,” it said in a statement sent to news outlets.
According to the company, the project on the dam will involve an investment of around €115 million and should start operating in 2026.
This is the second contract won by Endesa in Portugal in a short space of time, said the company that recently won the tender for the conversion of the Pego power station in Abrantes, where it said it was already working on the hybrid renewable technologies, storage and green hydrogen project, with an investment of €600 million.
The government on Monday auctioned 263 MW for installation and operation of photovoltaic plants in seven dams in the country, of which 100 MW in Alqueva, the “largest floating solar project in the world,” according to secretary of state for energy, João Galamba.
EDP – Energias de Portugal also reported on Tuesday that, through its subsidiary EDP Renováveis, it has obtained the right to connect to the electricity grid a 70 MVA (MegavoltAmpere) capacity at Alqueva.
According to the published order, in the Tagus hydrographic region, 50 MW in Castelo de Bode and 33 MW in Cabril went up for auction, and in the North region 42 MW in Alto Rabagão, 17 MW in Vilar-Tabuaço, 13 MW in Paradela and 8 MW in Salamonde will be auctioned.
According to the schedule sent to Lusa, bidders will be notified of the auction results today, followed by a prior hearing period.
The final results should be published on April 19, on the portal for applications and on the website of the Department of Energy and Geology (DGEG), and notices to bidders on April 27.