Solar just became Portugal’s single largest source of electricity for the first time — 19% of national consumption in July, ahead of hydro, wind and biomass, with renewables covering 53% of demand for the month (pv-magazine.com, 7 Aug 2026). That’s a milestone worth celebrating. It is also a pricing problem. Spain logged 397 hours of…
Acciona just sold a 361 MW Spanish wind portfolio to Galp for €432 million — 15 operating parks, an average age of 21 years, and a clean, predictable cash flow story (energias-renovables.com, 27 Jul 2026). That deal is a signal, not an outlier. Capital is rotating away from development-stage solar and toward operating wind assets…
On 14 September, Portugal runs its first dedicated storage capacity auction — 1.05 GW split between 750 MW standalone BESS and 300 MW co-located with existing renewables, spread across grid nodes from Rio Maior to Tavira. We’re seeing the standalone-vs-co-located question stop being a footnote and start driving the whole development services agreement. Co-location borrows…
Acciona just closed the sale of a 361 MW Spanish wind portfolio to Galp for €432m — Galp’s second Spanish wind acquisition this year, after a 351 MW parcel from Plenium and Bankinter back in April. That pace tells a story we’re living from the intermediary’s chair. Iberian wind is entering its consolidation phase. Assets…
Portugal’s grid strategy is shifting from “first in the queue” to “first to prove you can be counted on.” DGEG’s latest security-of-supply monitoring flagged reliability risk across every future scenario without a capacity mechanism — and pv-magazine reported in June that Portugal is now designing a capacity market with a dedicated battery storage auction, targeting…
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 next storage auction lands in five weeks — 14 September, for roughly 1.05 GW split between standalone batteries and storage co-located with renewables, under the national strategy targeting 3 GW by 2030. From our development desk, that timeline is the whole story right now. A standalone BESS project only reaches the auction on the…
Europe’s renewables M&A market has recalibrated for 2026: capital is abundant, but “pipeline optimism” no longer clears due diligence on its own. Lenders and buyers are now underwriting process discipline as closely as the underlying asset — documentation quality, grid-access certainty, and permitting pathways that survive scrutiny. From the deal desk, we see this shift…
Three solar plants in Castilla-La Mancha reached full commercial operation this week — Zelestra’s Brazatortas 1, 2 and 4, delivered by its own in-house EPC team and contracted to Tesla under a 57MWac power purchase agreement worth roughly 130GWh of output a year. That detail is easy to skip past, but it matters. The gap…
Copenhagen Infrastructure Partners completed its €1.44 billion acquisition of Ørsted’s European onshore business this spring — wind, solar and storage assets and a multi-gigawatt development pipeline spanning Ireland, the UK, Germany and Spain, now under new ownership. Deals like this are not isolated. Across Europe, and Iberia specifically, both utilities and independent developers are treating…
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