Dos Grados has energized its new solar photovoltaic plant in Portugal, another step towards the final commissioning of the plant in 2024. With an installed capacity of 126.5 MW, the plant is located in the municipality of Fundão, in the district of Castelo Branco.
This is the company’s first project in Portugal and is part of a 200 million euro investment portfolio that Dos Grados will invest in the Iberian Peninsula.
The plant, which occupies an area of 250 hectares, has required an investment of 80 million euros and will produce some 220 gigawatt hours (GWh) of clean energy per year, equivalent to the electricity consumption of 61,429 households. In addition, it will prevent the emission of 825,372 tons of CO2 into the atmosphere each year.
Luis Palacios, CEO of Dos Grados, was in charge of energizing the plant in an event that took place last December 22, where he highlighted that “the Fundão plant is an example of Dos Grados’ commitment to sustainable development and energy transition”.
This project is an important milestone for the company, which closes the year with 500 MW of renewable capacity in its portfolio in Spain and Portugal.
The plant began construction in early 2023, and as in all its projects, Dos Grados maintains its social and environmental commitment, generating a positive impact on the environment and working to maintain the natural capital.
Dos Grados identifies sustainable projects to generate economic and social progress, aware of the need to continue working on renewables to collaborate in the sustainability of the planet.
