Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To this end, the country’s Ministry of Energy announced on Wednesday that it has allocated €99.75 million ($107.6 million) in a bid to support 500 MW of energy storage projects.
EDPR, Finerge, Voltalia and Endesa were among the winners of Portugal’s latest renewables procurement exercise, in which 163 MW of floating PV capacity was allocated. From pv magazine Spain Portugal awarded 183 MW of renewables capacity in an auction for floating PV projects this week.
The Portuguese Ministry of Energy has allocated €99.75 million ($107.6 million) for grid flexibility and energy storage projects which should be installed by the end of 2025. Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production.
From pv magazine Spain Portugal awarded 183 MW of renewables capacity in an auction for floating PV projects this week. Around 56% of the capacity was awarded under the contract-for-difference regime (103 MW), and the rest under the National Electricity System Compensation scheme (80 MW).
Located in the region of Algarve, the solar-plus-storage facility is expected to commence operations in 2024. Under the terms of the auction, Enel secured the connection rights to the Portuguese grid under a 15-year contract with the National Electrical System.
Around 56% of the capacity was awarded under the contract-for-difference regime (103 MW), and the rest under the National Electricity System Compensation scheme (80 MW). In a statement, the Portuguese Ministry of the Environment and Climate Action states that it expects an average price of electricity of €0.041025 ($0.045)/kWh from the auction.
Nov 26 – Swiss-based energy company MET has finalised the development of an energy storage at the company''s Dunamenti power plant in Százhalombatta, Hungary. Due …
To this end, the country''s Ministry of Energy announced on Wednesday that it has allocated €99.75 million ($107.6 million) in a bid to support 500 MW of energy storage …
The coal power plant in Pego, Abrantes, which stopped producing electricity in November 2021. Image: Endesa. Endesa Generación Portugal, part of Enel Group, has been …
The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to enhance the flexibility and stability of Portugal''s power …
It is a 42.5 MW floating solar power plant that will be bundled in a project with 48 MW of wind power and 16 MWh of battery storage. Portugal-based Finerge has won lots five, …
The total investment of the project is ＄0.92 billion, and the construction site is located in the west of Jilin (Da''an) Clean energy chemical industrial park, the project will build a total installed capacity of 800MW of wind …
Endesa Generación Portugal, part of Enel Group, has been award the connection rights to develop a renewable energy project combining solar, wind, green …
Q Cells has secured the rights to connect around 315 MW of new solar and storage capacity in the country in Portugal''s second solar auction, the company announced. In the auction on August 24 and 25, 2020, Q CELLS …
Located in the region of Algarve, the solar-plus-storage facility is expected to commence operations in 2024. Under the terms of the auction, Enel secured the connection …
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To this end, the …
3. Bidding for competitively bid pumped storage plants a) For on-river PSPs, bids invited after assembling land, getting clearance from CEA for the DPR and Environmental Clearance from …
Located in the region of Algarve, the solar-plus-storage facility is expected to commence operations in 2024. Under the terms of the auction, Enel secured the connection …
South Korea''s Hanwha Q Cells confirmed on Thursday that it has won 315 MW of new solar photovoltaic (PV) and storage capacity in Portugal''s second solar auction. The …
The Portuguese Ministry of Energy has allocated €100 million for grid flexibility and energy storage projects to be completed by the end of 2025. This initiative aims to …
Taiwan Power Company announced today that TECO Group has won the bid for the Longtan ultra-high voltage (UHV) substation energy storage system at NT$2.6 billion.
Q Cells has secured the rights to connect around 315 MW of new solar and storage capacity in the country in Portugal''s second solar auction, the company announced. In …
Nov 26 – Swiss-based energy company MET has finalised the development of an energy storage at the company''s Dunamenti power plant in Százhalombatta, Hungary. Due completed by spring 2025, the project was …
Iberdrola is investing over €1.5 billion ($1.7 billion) to construct three hydro power plants (Gouvàƒ£es, Daivàƒµes and Alto Tàƒ¢mega) with a combined capacity of 1,158MW including a pumping station, which will …
Engineering & Construction Mongolia''s first solar-plus-storage project won by Japan-led bid. Plant engineer JGC teams with local builder on plant to power city of 20,000
To this end, the country''s Ministry of Energy announced on Wednesday that it has allocated €99.75 million ($107.6 million) in a bid to support 500 MW of energy storage …
It is a 42.5 MW floating solar power plant that will be bundled in a project with 48 MW of wind power and 16 MWh of battery storage. Portugal-based Finerge has won lots five, six and...
Hanwha Energy Secures Position as Power-Supply-Solutions Provider with Successful Bids for Energy-Storage Systems. January 13, 2021. Subscribe; 00:00. 00:00. …
Iberdrola is investing over €1.5 billion ($1.7 billion) to construct three hydro power plants (Gouvàƒ£es, Daivàƒµes and Alto Tàƒ¢mega) with a combined capacity of …
The South Australia and Victorian Capacity Investment Scheme (CIS) opened for registrations in October 2023. Bids are now being sought for up to 600 MW of 4-hour …
The FID comes after RWE won out in the New South Wales government''s first tender for long-duration energy storage (LDES) and was awarded a Long-Term Energy Service Agreement just over a year ago. The …