Aquila Capital Portugal Solar PV Park is a 25MW solar PV power project. It is planned in Portugal. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is currently owned by Aquila Capital Concepts with a stake of 100%.
The project is expected to generate 58,000MWh electricity and supply enough clean energy to power 11,000 households. The project is expected to offset 12,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $29.75m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Axpo Iberia under a power purchase agreement for a period of 7 years.
For more details on Aquila Capital Portugal Solar PV Park, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
