Portugal is set to add 1.77 gigawatts (GW) of solar power in 2024, marking the largest increase in its history. This boost is expected to meet 15% of the country’s annual electricity needs, significantly advancing Portugal’s energy transition.
Portugal solar power capacity to soar by 44% in 2024
Portugal’s solar power capacity is set to increase by 1.77 GW in 2024, driving a 44% growth in installed capacity. This expansion is expected to generate around 3.1 terawatt-hours (TWh) of electricity, meeting 15% of the country’s annual consumption and marking a significant milestone in its energy transition.
The increase in solar capacity marks Portugal’s largest-ever annual growth in renewable energy. It represents a significant step toward diversifying the country’s energy mix and reducing reliance on fossil fuels.
Major Portugal solar power projects fuel expansion
According to PV Magazine, the Portuguese Association of Renewable Energies (APREN) attributed the increase to several major solar projects set to come online next year. Among these, the 290 MW Santiago do Cacém solar plant is the largest, followed by the 264 MW Santiago do Cacém 2 and the 220 MW Ourika 2 solar plants.
These projects are part of Portugal’s broader strategy to ramp up renewable energy production. The country aims to achieve carbon neutrality by 2050, and the solar expansion is a crucial component of this goal.
Portugal solar power to play a central role in energy transition
Solar power is poised to play a central role in Portugal’s transition to renewable energy. Currently, hydropower accounts for 29% of the country’s electricity generation, while wind contributes 31%. With the addition of new solar capacity, solar power’s share is expected to increase significantly.
By 2024, solar energy is projected to make up 8% of Portugal’s total electricity generation. This growth is in line with the country’s National Energy and Climate Plan, which targets a 47% share for renewable energy in gross final energy consumption by 2030.
Portugal’s commitment to renewable energy through solar power
Portugal’s commitment to renewable energy is evident in its ambitious targets and ongoing investments in clean energy infrastructure. The country has been a leader in the European Union (EU) in adopting renewable energy technologies, particularly in wind and solar power.
The government’s focus on renewable energy is driven by the need to reduce greenhouse gas emissions and decrease dependence on imported fossil fuels. By expanding its renewable energy capacity, Portugal aims to enhance its energy security and contribute to global efforts to combat climate change.
Overcoming challenges in Portugal solar power expansion
While the increase in solar capacity is a positive development, Portugal faces challenges in integrating the new power into its electricity grid. The country’s grid infrastructure will need upgrades to handle the intermittent nature of solar energy and ensure a stable supply of electricity.
Additionally, Portugal will need to invest in energy storage solutions to address fluctuations in solar power generation. Energy storage technologies, such as batteries, will play a crucial role in storing excess energy generated during sunny periods and releasing it during times of high demand.
Despite these challenges, Portugal’s solar power expansion represents a significant step toward achieving its renewable energy goals. The country’s focus on solar energy is expected to drive further investments in clean energy technologies and create new opportunities for economic growth.
Portugal’s record solar power expansion in 2024 is a major milestone in its energy transition journey. With 1.77 GW of new solar capacity set to come online, the country is on track to meet its renewable energy targets and reduce its carbon footprint. As Portugal continues to invest in renewable energy, it serves as a model for other nations seeking to transition to a sustainable energy future.