ERSE’s Regulation-Charge Consultation and What It Means for Bankability

European renewables M&A is increasingly pricing certainty, not concepts: assets move once permits, grid access and technical milestones are secured, not before. Nenuphar’s development and M&A intermediation work centres on qualifying projects to Ready-to-Build status and structuring competitive sale processes across Portugal, Spain, the UAE and Africa. Milestone-based deal structures are becoming the norm as…

Solar captured a record share of Iberian generation this summer — and record numbers of negative-price hours to go with it. pv-magazine reported this month that Europe’s negative electricity price hours have surged again in 2026, driven by record solar output, with Spain and Portugal among the hardest hit. For merchant and semi-merchant solar, that’s…

Portugal’s regulator ERSE has put a new cost-allocation directive out for consultation: producers will finance roughly 35% of the €137 million social tariff bill for 2026, at 0.283 €/(kVA.month), retailers the remaining 65%. https://www.erse.pt/comunicacao/destaques/erse-coloca-em-consulta-publica-a-reparticao-do-financiamento-dos-custos-com-a-tarifa-social-de-eletricidade-de-2026/ It’s a small line item on its own. But it’s exactly the kind of change that a Project Development Services Agreement…

Iberia’s battery storage pipeline just crossed another threshold: over 11 GW of BESS capacity now quoted across the region by a single major supplier, with battery costs still up roughly 8% year-to-date on lithium volatility, per recent market data. That combination — surging demand and firmer pricing — is exactly the environment where technical rigour…

Portugal has set a target of 5 GW of pumped hydro storage by 2040, positioning long-duration storage as the backbone of its energy strategy alongside the 750 MVA battery auction already underway. That framing matters. Batteries solve for hours; pumped hydro solves for days. A strategy that names both, rather than treating storage as one…

An administrator has put a 32GW wind development portfolio across five countries up for sale, with a specialist M&A adviser appointed to run the process end to end. https://www.renews.biz/onshore-wind/32gw-sowitec-portfolio-up-for-sale/ Distressed or not, the mechanics of a cross-border renewables sale rarely change: a credible process needs one point of contact, a clean data room, and a…