Milestone achievement

For six consecutive days, Portugal relied solely on renewable energy sources to power its National Electric system between Oct. 31 and Nov. 6.

During this remarkable period, Portugal embraced wind, hydropower, and solar energy, sustaining operations for an impressive 149 hours straight.

The numbers speak volumes: Portugal generated an astounding 1102 GWh of renewable energy while the demand stood at 840 GWh. This surplus not only fulfilled national needs but allowed Portugal to export electricity to Spain, showcasing an impressive level of self-sufficiency and surplus production. What's even more inspiring is Portugal's steadfast commitment to a greener future. While typically 60 percent of the nation's energy comes from renewable sources, the country is setting its sights higher. With plans to eliminate the use of natural gas by 2040 and transition entirely to renewables by 2045, Portugal is demonstrating remarkable ambition and leadership in sustainable energy practices.

This recent achievement reinforces Portugal's trajectory toward a cleaner, more sustainable future. It's a beacon of hope, highlighting the feasibility and reliability of renewable resources as primary energy sources for an entire nation.

This is a significant validation of the foresight behind investments in solar energy within Portugal by the New Frontiers Energy Fund. It showcases a promising landscape where renewable energy, particularly solar, stands as a reliable and pivotal component of the country's energy infrastructure. This accomplishment solidifies the fund's vision and underscores the bright future and stability of their investments in Portugal's solar energy sector.