New Alqueva project has basic tender price of €45 million
The Alqueva Development and Infrastructure Company (EDIA) has launched the procedure to install the largest floating photovoltaic project in Europe, with a basic tender price of €45 million, the government announced today.
“EDIA has launched the contractual procedure for the supply, installation and licensing of four Self-Consumption Production Units (UPAC) next to the pumping stations of the Primary Network of the Alqueva Multipurpose Undertaking (EFMA),” said a statement from the Ministry of Agriculture and Food.
According to the statement, this will be the largest floating photovoltaic project in Europe, with an estimated production of 90 gigawatt hours (GWh)/year.
The basic price of the tender is €45 million.
In total, the energy obtained by these plants will be enough to supply 2/3 of the population of Baixo Alentejo.
EFMA already has nine photovoltaic plants in operation on the massive man-made dam.
The new blocks of panels will occupy an area of approximately 42 hectares on the water.
It is estimated that around 100,000 panels will be needed, which will prevent the emission of 30,000 tonnes of CO2 (carbon dioxide) per year, writes Lusa.
“The energy transition and the decarbonisation of the economy are priorities for the country and are crucial for the sustainability of the Alqueva project since this is the main source of variable costs in water distribution,” said agriculture minister Maria do Céu Antunes within the press statement.