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Portugal

Portugal

Call for 200 MW for small scale investors

A Portuguese government call for proposals for supply of 200 MW of wind projects in Portugal was due to see the light of day before the end of April. Announced by Portuguese Prime Minister José Sócrates on April 11, the tender is specifically aimed at small investors and will give priority to projects located inland. It is the third tender for wind development to be launched by the government in recent years and by far the smallest. The previous two, awarded in 2006 and 2007, will see a combined total of 1600 MW built. Sócrates also announced that a EUR 70 million renewable energy fund was expected to be operational in April. Over the past five years, Portugal has invested more than EUR 3 billion in the construction of wind farms, while investments for 2008 are expected to top EUR 1 billion.

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