Edisun Power's largest solar system is on the grid
The Edisun Power Group's largest photovoltaic system to date went online at the end of the year. The Mogadouro plant in north-eastern Portugal covers the electricity needs of around 20,000 people.
The Edisun Power Group's Modouro photovoltaic system was connected to the electricity grid last week. According to a press release, this so far largest system of the solar power producer in the north-east of Portugal will produce around 80 million kilowatt hours of energy annually on an area of over 65 hectares. This corresponds to the annual requirement of around 20,000 people.
Mogadouro is Edisun Power's first so-called merchant system: it was built without government subsidies or guarantees. The electricity produced is sold on the market. In order to secure the income in the first few years, a power purchase agreement with fixed-price purchase obligations was agreed with a Portuguese electricity trader.
With the network connection, the group has reached “a major milestone”, the message continues. Thus, she is on track with regard to the growth strategy announced in 2019. She is also pushing the development of four other Portuguese projects with a total capacity of 150 megawatts “at full speed”.