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NFEF Solar Energy in Portugal

Government Plans and Target Alignment

The Portuguese government has set a target of producing 80% of its electricity from renewable energy by 2026

These government plans clean energy initiatives align with NFEF’s plans of investing into solar projects on the Government’s Acordo List and beyond
  • The EU has agreed to increase renewable energy sources to 42% by 2030.
  • Portugal targets cost-effective carbon neutrality by 2050.
  • The Portuguese Government aims to approve and connect 220 solar projects by fast-tracking permits

Portugal renewable sector represents 65% of its electricity generation with solar expected to play A prominent role in the near future

Cumulative Solar PV Growth in Portugal (MW)
Cumulative Solar PV Capacity in Portugal (MW)
Annual Volume of Electricity Produced from Solar Photovoltaic in Portugal (GWh)
Renewable Electricity Generationin Solar Photovoltaic (TWh)
Forecasted Electricity Generation in Portugal in 2050, by Energy Source (TWh)

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