Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Home Headlines EDPR brings Iberia’s first wind-solar power plant on-stream

EDPR brings Iberia’s first wind-solar power plant on-stream

by jcp
gawdo

By Sergio Goncalves and Miguel Pereira

LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power producer, has brought on-stream the first hybrid wind-solar farm in Iberia, adding 36.5 gigawatts (GW) of annual capacity just as Europe is facing an energy crisis.

The Mina de Orgueirel plant, about 300 km (186 miles) northeast of Portugal’s capital Lisbon, combines 17,000 new photovoltaic panels covering an area of roughly six soccer pitches with wind turbines that EDPR already had on the same plot.

Like most European countries, Portugal is accelerating its shift to renewables to reduce reliance on imported fossil fuels whose prices have surged since Russia’s invasion of Ukraine.

Benefiting from abundant sunshine and strong Atlantic winds, Portugal seeks to have 80% of its electricity usage coming from renewable sources by 2026, up from 60% now, which is already one of the highest ratios in Europe.

Duarte Bello, chief operating officer at EDPR-Europe and Latam, told Reuters on Thursday the solar panels about doubled the farm’s capacity to 21 megawatts and its annual generation of 36.5 GW would be enough to supply more than 30,000 people.

IT’S THE FUTURE

He said EDPR’s first hybrid plant has been in full production for a few weeks, the culmination of five years of work.

“It is a great signal and great support to accelerating the energy transition, using existing assets and increasing the energy independence for the region – Portugal and Spain,” he said. “Most of the players understand this is the way going forward.”

He expected more renewable and storage technologies to be added to such projects in the future.

Combined operations reduce production costs as they use no or little additional land and power networks thanks to existing connections to the grid.

He expected Europe’s accelerating push for renewable energies to help streamline the licensing of hybrid projects and shorten their implementation times from up to six years now.

“We haven’t seen the impact yet,” he said, expecting it to materialise this year and next.

EDPR’s medium-sized hybrid farm will serve as a case study for implementing similar projects in all 29 countries where it and its mother company EDP has operations, including Poland, Italy, Brazil and the United States.

It is already building four other parks in Iberia and plans to bring online 1.6 GW of hybrid capacity there this decade.

EDPR has an installed capacity of 3.4 GW in Iberia alone and 14.3 GW globally.

 

(Reporting by Sergio Goncalves and Miguel Pereira, editing by Andrei Khalip and David Evans)

www.gawdo.com

You may also like