Dos Grados energises its solar photovoltaic plant in Portugal

Dos Grados has energised its new photovoltaic solar power plant in Portugal, another step towards the plant’s final commissioning 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.

It 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 covers an area of 250 hectares, required an investment of 80 million euros and will produce around 220 gigawatt hours (GWh) of clean energy per year, which is equivalent to the electricity consumption of 61,429 homes. It will also prevent the emission of 825,372 tonnes of CO2 into the atmosphere per year.

Luis Palacios, CEO of Dos Grados, was responsible for energising the plant at an event on 22 December, where he pointed out that “the Fundão plant is an example of Dos Grados’ commitment to sustainable development and the energy transition”.

This project is an important milestone for the company, which closes the year with a renewable capacity of 500 MW in its portfolio in Spain and Portugal.

The solar plant began construction at the beginning of 2023 and, as with all its projects, Dos Grados maintains its social and environmental commitment, generating a positive impact on the environment and working to maintain natural capital.

Dos Grados identifies sustainable projects to generate economic and social progress, aware of the need to continue working on renewable energies to collaborate in the sustainability of the planet.