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Voltalia Wins 33-Megawatt Floating Solar Project In Portugal

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Voltalia, an international player in renewable energies, announces that it has won its first floating solar power plant project in Portugal for a total capacity of at least 33 megawatts backed by a 15-year power sales contract.

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The Cabril project was won following a call for tenders organised by the Ministry of Energy and Environment of Portugal. This new floating solar power plant will be installed near the Cabril dam in Sertã. Its capacity will be in between 33 and 40 megawatts, depending on final optimisation. Spanning 33 hectares, the plant will generate green electricity for a volume equivalent to the consumption of more than 70,300 inhabitants.

Voltalia will ensure the development, construction, and operation of the plant. The project is expected to be commissioned no later than 2026. Its revenues will be backed by a 15-year contract awarded by the Ministry of Energy and Environment, providing for a price of €41.025 per megawatt-hour.

Voltalia has based its Global Solar Hub in Porto, an operational centre for supervising its solar power plants located in Europe, Africa, and Latin America totaling more than 1.2 gigawatts for itself and for third-party clients. In addition, Voltalia’s team in Portugal is a recognised supplier of construction services, having built many projects in Portugal, including the 49-megawatt Cotovio solar plant, and internationally, including the 13-megawatt Kooypunt solar project in the Netherlands, both plants built-in 2021. Finally, Voltalia’s subsidiary, Helexia, a specialist of on-site energy production (solar rooftops and carports) and energy efficiency, has an installed capacity in Portugal of 19 megawatts. In total, Voltalia and Helexia have over 270 employees in Portugal.

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“We are very proud to grow our own portfolio in Portugal and our third-party client business. We are keen to build our first floating solar power plant. This experience will create new opportunities in that field in other countries where Voltalia is active”, said Sébastien Clerc, CEO of Voltalia.

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