Europe’s biggest solar Farm in Portugal.
Portugal Environment Agency granted Iberdola, a multinational electric utility company located in Spain, the construction of the world’s 5th largest solar farm in Santiago, Portugal.
The solar farm’s power generation capacity of 1,200MW will be operational in 2025. It will produce enough green power to meet the demands of about 430,000 houses,
equivalent to twice Portugal’s population, and will reduce annual gas demand by 370 million cubic meters. For completing this project, Iberdola is collaborating with Prosolia Energy, an
international solar photovoltaic specialist, and Portugal’s electricity transmission entity (REN) will be responsible for grid connection. This solar plant will be a benchmark of Europe’s clean energy. It will deliver social and environmental benefits to the local community, including providing solar energy, generating about 2,500 new jobs, boosting tourism activities, offering job skill training, and plantation of native tree species with sheep grazing area. In upcoming years, Iberdrola is planning to invest an additional €3 billion in Portugal’s solar and wind energy sector. This company has completed the construction of three solar farms in Portugal and will begin to work on three more in 2023. Europe may reach its goal of generating 320GW of solar electricity by 2025 and
nearly 600GW by 2030 if such renewable initiatives continue.