LISBON (AFX) - Manuel Pinho, the economy minister, formally granted an operating permit to the world's largest solar power site, where an investment of 250 mln eur is projected to lead directly to the creation of 130 jobs and indirectly to another 300, Jornal de Negocios Online reported.
The Moura site is scheduled to include a factory to make solar panels, owned by BP Solar, and a research laboratory.
The installed capacity of 49.6 megawatts will be able to produce 88 gigawatts of electricity a year, according to the report.
The town of Moura owns the majority of the firm, Amper Central Solar, which is overseeing the solar power project.
The plant will have 350,000 solar panels spread over 114 hectares and will be several times bigger than the largest existing solar power station, in Germany, according to Lusa newsagency.
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