📢 Urgent: Grid Study Results Must Be Released to Unlock Portugal’s Renewable Energy Future! 🇵🇹⚡
In July 2023, Nenuphar Frontier Unip., Lda., a subsidiary of Nenuphar Advisors, secured a major milestone in Portugal’s renewable energy landscape—being selected for grid connection studies in Vila Pouca de Aguiar under the Termos de Referência procedure.
With three projects of 100 MVA each (300 MVA total) in Vila Pouca de Aguiar, Nenuphar is among the developers advancing Portugal’s 5 GW renewable energy grid expansion strategy.
Meanwhile, additional Nenuphar projects in Alqueva, Ferreira do Alentejo, and Falagueira are progressing through the next rounds of selection for grid connection approvals.
âś… Vila Pouca de Aguiar Projects (Selected July 2023): 300 MVA
⏳ Awaiting Final Selection & Grid Connection Approval:
📍 Alqueva – 3 projects, 125 MVA each (375 MVA total)
📍 Ferreira do Alentejo – 2 projects, 100 MVA each (200 MVA total)
📍 Falagueira – 1 project, 300 MVA
🌍 Time Is Running Out!
Portugal aims to achieve 93% renewable electricity by 2030, but delays in grid study results and contract signings could slow down the progress.
đź“… What Needs to Happen Now?
🔜 Urgent release of infrastructure upgrade study results
🔜 Immediate signing of agreements for 1 GW in E-Redes & 5.1 GW in REN
🔜 Final Grid Connection Permit (TRC) Approvals
🔜 Construction must start between 2026-2028 to meet 2030 targets
💡 The results of the new upgrade studies must be delivered as soon as possible, and the respective contracts signed swiftly—because 2030 is just around the corner!
We call for common sense, awareness, and a realistic approach to deadlines and costs to make these projects a reality. This will allow all stakeholders to finally move forward with investments and ensure Portugal meets its energy transition goals!
📢 We urge all relevant authorities to accelerate the process and prioritize action—NOW is the time to unlock Portugal’s renewable energy future!
💡 Nenuphar Advisors is ready to power the next phase of Portugal’s energy transition. Let’s make it happen!
