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November 29, 2021

Endesa Pego Solar PV Park, Portugal

By Carmen

Endesa Pego Solar PV Park is a 650MW solar PV power project. It is planned in Santarem, Portugal. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 650 650 Announced Santarem, Portugal Endesa

Description

The project is being developed and currently owned by Endesa.

Endesa Pego Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $709.683m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.

About Endesa

Endesa SA (Endesa), a subsidiary of Enel SpA, is an electric utility. The company generates, distributes and sells electricity. It produces electricity from hydro, thermal, nuclear, combined cycle, and renewable and cogeneration plants. Endesa also supplies electricity and gas, and provides other value-added products and services to wind farms, mini hydraulic, biomass, and waste treatment plants. Endesa is one of the leading energy utilities in the Spanish electricity sector and the second largest gas operator in the Portuguese electricity market. It serves customers in Spain, Portugal, France, Germany, the Netherlands, the UK and other countries. Endesa is headquartered in Madrid, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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