Usagevpn.com – A British-owned solar installation that once symbolised Portugal’s ambitions to become a leading renewable-energy producer on the Iberian Peninsula has now entered formal insolvency proceedings. Welink Energy Portugal 2 UK, the operator of Solara4 — the country’s single largest photovoltaic facility by installed capacity — has filed for insolvency, according to a report issued this month by the consultancy firm BDO. The filing marks a sharp reversal for a project that was inaugurated in 2021 and had been positioned as a flagship of the Algarve’s green-energy transition.

Solara4 sits in the municipality of Alcoutim, in the southernmost stretch of the Algarve, and carries 219 MW of installed solar capacity. The plant began generating electricity in 2021, meaning it has now been running for roughly five years. For a region long associated with tourism and agriculture, the facility represented a major industrial investment and a visible commitment to decarbonising…