From pv magazine Spain
Two large photovoltaic projects have been inaugurated in Portugal.
Dos Grados Capital, a Spanish company acquired by UK asset manager ICG in 2022, has finished the 126.5 MW Fundão solar plant in eastern Portugal.
Portuguese Secretary of State for Energy Maria João Pereira attended the project launch. The array was part of the 2019 renewables auction, which set a world record low price of €14.80 ($16.53)/MWh. The plant was built by Spanish engineering company TSK in early 2023.
Separately, Akuo inaugurated the 181 MW Santas solar plant on the border of Monforte, Estremoz, and Borba in eastern Portugal. The project, one of the largest in the country, includes more than 336,000 PV modules. The French independent power producer developed the project with financial backing from Germany's MEAG, Munich Re’s asset manager, and Eiffel Investment Group.
To mark the opening, Akuo launched a crowdfunding campaign through its platform, AkuoCoop by Lendosphere, to fund a 45 MW expansion. The campaign is open to EU citizens, with a special focus on encouraging Portuguese participation in their local energy future.
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