Iberdrola’s Montechoro I and II PV Plants Boost Portugal’s Renewable Energy with 37 MW Capacity

The Montechoro I and II PV plants, located in the Algarve region of southern Portugal, are now operational and contributing to the country’s renewable energy production capacity. With a combined installed capacity of 37 megawatts (MW) and an annual production capacity of 56.84 GWh, these projects were awarded to Iberdrola in a 2019 auction. The more than 64,554 bifacial panels will generate enough energy to supply approximately 19,000 households, preventing the emission of over 21,000 tonnes of CO2 annually.Alejandra Reyna, CEO of Iberdrola Renovables Portugal, said: ‘The completion of two additional photovoltaic plants represents an important milestone on the path towards decarbonising the economy, reinforcing the renewable energy production capacity in Portugal and contributing to socio-economic development, in line with national and global objectives to reduce emissions and promote energy autonomy’.