Santiago do Cacem Solar PV Park is a 1,140MW solar PV power project. It is planned in Setubal, Portugal. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Solar PV||1,140||–||1,140||Announced||Setubal, Portugal||Iberdrola; Prosolia Portugal|
The project is being developed and currently owned by Iberdrola and Prosolia Portugal. The company’s ownership stake in the project stands as 50% respectively.
Santiago do Cacem Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $1,470.6m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
The mounting systems will be supplied by Shanghai Chiko Solar Technology for the project.
Iberdrola SA (Iberdrola) is an energy utility. It constructs, operates and manages power generation plants, transmission and distribution facilities and other assets. The company produces electricity using conventional and renewable energy sources. It also trades electricity and gas in wholesale markets; and retails electricity, gas, and other related products and services. Iberdrola retails energy to residential, commercial, industrial, institutional and other customers. In its transition to a sustainable energy model, the company makes considerable investments in smart grids, renewable energy, large-scale energy storage and digital transformation, Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.
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