- Energia de Portugal (EDP) inaugurated a 5MW floating solar photovoltaic (PV) farm in Portugal.
- EDP estimates that the floating PV plant will have an energy output of about 7.5GWh per year.
Energia de Portugal (EDP), a Portuguese utility, inaugurated a 5 MW floating solar photovoltaic (PV) farm on the Alqueva Reservoir dam in Portugal on Friday. The company had invested about EUR 6 million in the project. The project includes 12,000 panels spread over a 4-hectare area.
EDP estimates that the floating PV plant will have an energy output of about 7.5 GWh per year. This will be enough to meet the demand of more than 30% of the families in the municipalities of Portel and Moura. In addition, the company plans to install a 1MW/2MWh battery storage system on-site.
“The bet on hybridisation, by combining electricity produced from water, sun, wind and storage, is a logical path of growth in which EDP will continue to invest – it allows us to produce cheaper energy, optimises resources and with minimal environmental impact,” CEO Miguel Stilwell d’Andrade explained.