The projects will be developed without direct public incentives and will sell power to the spot market – an option still considered unviable by the local renewable energy sector – or through private PPAs. Portugal's Directorate General for Energy and Geology (DGEG) has approved six unsubsidised solar projects with a combined capacity of 229 MW and an aggregate investment of €206m ($183m). They are the latest in a series of unsubsidised schemes, which are created without direct public incentives, to be given the green light. The first two were granted by the Portuguese government last year, but this is the third one.
Portugal's Directorate General for Energy and Geology (DGEG) has approved six unsubsidised solar projects with a combined capacity of 229 MW and an aggregate investment of €206m ($183m). They are the latest in a series of unsubsidised schemes, which are created without direct public incentives, to be given the green light. The first two were granted by the Portuguese government last year, but this is the third one.