April 5 (Renewables Now) – Spanish utility Endesa SA (BME:ELE) stated at present that it has secured rights to a 42-MVA connection in Portugal’s first floating photo voltaic public sale.
The corporate will make investments round EUR 115 million (USD 126m) within the challenge, its first to make use of the floating photo voltaic know-how. The array of an unspecified dimension can be put in on Portugal’s Alto do Rabagao reservoir and are available on-line in 2026, Endesa stated.
Endesa’s newest success in Portugal comes simply days after the Spanish utility group won rights to a 224-MVA connection in a tendering course of which Spain’s neighbour organised to pick renewables that can change the closed down Pego coal-fired energy plant. Endesa gained the bidding with a proposal to construct a photo voltaic and wind advanced hybridised with a battery storage system and a 500-kW electrolyser.
(EUR 1.0 = USD 1.097)