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January 4, 2022

Enel Green Power Algarve Solar PV Park, Portugal

By Carmen

Enel Green Power Algarve Solar PV Park is a 99MW solar PV power project. It is planned in Faro, Portugal. The project is currently in permitting 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 99 99 Permitting Faro, Portugal Enel Green Power

Description

The project is being developed and currently owned by Enel Green Power.

Enel Green Power Algarve Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $106.3m.

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 Enel Green Power

Enel Green Power SpA (EGP), a subsidiary of Enel SpA, is an energy company that develops and manages activities of energy generation from renewable sources. The company is engaged in the generation of power from wind, geothermal, solar, and hydropower sources. It also has interests in various power plants in under construction and under authorization stages. EGP also has know-how in integrating innovative technologies such as storage systems into renewable power plants. The company serves a range of industries such as food and beverage, automotive, chemical, retail, cement, mining, tech, telecommunication and bank, among others. It operates power plants in South America, North America, Asia, Oceania, Europe and Africa. EGP is headquartered in Rome, Lazio, Italy.

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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