By 2019-07-09 InPortugal

Huge solar auction attracts massive investment to Portugal

The country’s largest solar auction saw massive response. Over 60 entities entered the race to install solar farms throughout the country, with 22 licences needing to go to a second phase to decide overall winners.

Say reports, the government is expecting to attract one billion euros with this initiative. Out of 24 locations floated, only one saw no bids, said environment and energy transition minister João Pedro Matos Fernandes.

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