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The Irish developer WElink Group is preparing an investment in the #Algarve Solara4 (WElink Energy) plant, in #Alcoutim (#Faro), to increase #solar capacity and create two #wind farms, and even a #battery storage solution 🌞💨🔋 According to Jornal Económico, the idea to make this plant #hybrid comes from #Solara4's ambition to produce electricity continuously (24/7), making the most of the connection point with 200 megawatts (MW). And the goal is to have everything ready by 2030, then have almost 500 MW, and close PPA agreements ⚡⚡ The investment will be split between €200 million for wind, €35-€40 million for solar, and €70 million for storage, plus a €100 million investment in the second wind phase 💪 “We are seeking to maximize the connection point with hybridization projects. There is still more room to optimize the project with solar over-equipment. We have been studying the wind resource for over a year,” says Hugo Paz Almeida, Project Director Iberia at Welink. And the company is also interested in participating in the storage auction announced by the Government, planning to install 80 megas of storage with four hours of capacity 👌 You can read more about it here: https://lnkd.in/gqmbMSKG Nuno Costa Alemão Luis Rosa Barry O'Neill Joss Ealey John Murphy By AICEP Portugal Trade & Invest | San Francisco

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Nuno Costa Alemão

Renewable Energy | Business Development & Strategy

1d

Suntem foarte mândri de acest proiect !!

Congratulations!

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