Divor Solar PV Park is a 257MW solar PV power project. It is planned in Evora, Portugal. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 257 | – | 257 | Announced | Evora, Portugal | Endesa; Hyperion Renewables |
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Description
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The project is being developed by Endesa and Hyperion Renewables. These companies also have ownership stakes in the project.
Divor Solar PV Park is a ground-mounted solar project.
The project is expected to generate 400,000MWh of electricity. The project cost is expected to be around $331.53m.
The solar power project consists of 571,111 modules.
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By GlobalDataDevelopment Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Endesa
Endesa SA (Endesa), a subsidiary of Enel SpA, is an electric utility. The company generates, distributes and sells electricity. It produces electricity from hydro, thermal, nuclear, combined cycle, and renewable and cogeneration plants. Endesa also supplies electricity and gas, and provides other value-added products and services to wind farms, mini hydraulic, biomass, and waste treatment plants. Endesa is one of the leading energy utilities in the Spanish electricity sector and the second largest gas operator in the Portuguese electricity market. It serves customers in Spain, Portugal, France, Germany, the Netherlands, the UK and other countries. Endesa is headquartered in Madrid, Spain.
About Hyperion Renewables
Hyperion Renewables (Hyperion) is a renewable energy company which develops and operates large scale solar energy projects including photovoltaic (PV) plants, concentrating solar power (CSP) and concentrating photovoltaic (CPV) applications. The company offers project development, plant engineering, procurement and construction (EPC) management, project finance, renewable investments, power purchase agreement (PPA) advisory, asset management, technical consulting and auditing services, operation and maintenance works, among others. Its project portfolio includes Helios I & Helios II CSP Park, Coruche PV, Pereiros PV, Fanhoes & Sacavem Solar Park, Vale de Moura PV Park. The company has operation with unsubsidized solar plants in Iberia. Hyperion is headquartered in Lisboa, Portugal.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
