Portugal is reportedly planning to install 31 new solar power plants that would possess a total production capacity of more than 1000 MW by the year 2021. The approximate value of these projects have been estimated at about €800 million, cite reliable sources. Reportedly, Portugal has been successful in generating over 100 percent of its energy needs through clean energy alternatives such as wind and hydroelectric power. Sources familiar with the development claim that the cost of solar power has dropped drastically over the recent years which has facilitated its easy availability. It is only practical to balance the two energy sources, wind and hydroelectric, with a third which would then form a triad that complement each other.
CMFE research 28th July 2018 read more »