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    Iberdrola started up a photovoltaic power plant in Setúbal

    August 16, 2022 - CE Noticias Financieras


      Iberdrola has put into operation the Algeruz II photovoltaic power plant in the city of Setúbal, with the capacity to produce energy for more than 11,000 homes and "avoid the emission of 13,400 tons of CO2 into the atmosphere per year," the company announced in a statement.

      Algeruz II, operational since Friday, has more than 50,500 fixed and single-phase modules and an installed capacity of 27.35 megawatts (MW).

      The project, which is one of seven awarded to the company in a 2019 auction, is the first of its kind installed by the group in Portugal and had an investment of 17.8 million euros.

      The structure "generated more than 200 jobs during peak construction periods, all filled by local employees," the note states.

      Iberdrola has, then, a total of 7 photovoltaic projects in the country, three of which are under construction and are expected to

      start commercial operation during this year - Conde (13.51 MW), Alcochete I (32.89 MW) and Alcochete II (12.72 MW), also located in the district of Setúbal. "The Alcochete I and II projects will have bifacial technology, which maximizes energy production and reduces the average cost of electricity by 16%," he indicates.

      In addition, the Montechoro I (11.57 MW), Montechoro II (24.95 MW) and Carregado (64.1 MW) projects are in the process of obtaining the construction license and are scheduled for 2023, when Iberdrola's photovoltaic capacity in Portugal will total 187 MW.

      "Iberdrola has led the energy transition for two decades, acting as a key driving force in the transformation of the industrial fabric and the green recovery of the economy and employment. To this end, the company has launched a historic investment plan of E150 billion over the next decade - E75 billion by 2025 - through which it aims to triple renewable capacity, double grid assets and commit to clean and sustainable consumption," it highlights.

      The company has 92 MW of wind power in operation in addition to the hydroelectric plants of Daivões (conventional plant) and Gouvães (pumping plant), on the Tâmega River, next to which is planned the construction of a large wind farm with a total planned capacity of 400 MW, "connected to the gigabattery, which will transform the complex into a hybrid generation plant.

      "This will allow users to consume wind energy during periods of peak demand and use the surplus to feed the pumping system, helping to improve the efficiency of the system and guarantee the supply of electricity," he explains.


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