Masdar closed $6.1bn in financing this week for the world’s first gigascale round-the-clock renewable plant: 5.2 GW of solar paired with 19 GWh of battery storage in Abu Dhabi. The financing is the headline. The more useful number, for anyone designing these systems, is the ratio behind it — just under four hours of storage…
A 361 MW portfolio of operating wind farms in Spain changed hands this week, acquired by Nadara — the consolidation platform backed by JPMorgan Asset Management. It’s one more data point in a pattern we track closely: Spanish renewables ownership is rotating faster than the pipeline is growing. Financial sponsors want operating cash flow, not…
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…
Negative power-price hours in Spain and Portugal have surged this year, turning battery storage from a hedge into the asset that captures the spread. At the same time, Gulf capital is scaling fast, with dozens of developers competing for multi-gigawatt-hour storage programmes in Saudi Arabia. Nenuphar’s project design and advisory work spans both realities: sizing…
South Africa’s energy regulator just approved 890 MW of new solar PV generation licences in a single decision. It’s a reminder that across every market we work in — Portugal, Spain, the Gulf, sub-Saharan Africa — permitting and licensing is where projects actually get made or lost, long before a PPA or financial close gets…
Portugal has set a firm date — 14 September — for its 1.05 GW energy storage auction, part of a national push to 3 GW of battery capacity by 2030. We look at what a fixed reference price means for developers weighing whether to build, partner, or sell their storage positions, and where we’re seeing…
Download the Study here in English : Nenuphar Advisors – LCOE_Jul_2025_v2_BESS_EN Download the Study here in Portuguese : Nenuphar Advisors – LCOE_Jul_2025_v2_BESS Objective of the Chart To show how much it costs, on average, to deliver firm (dispatchable) power using renewables (Solar, Wind, Solar+Storage, Wind+Storage) with capacity backup, compared to Gas Peakingand Gas Combined Cycle…
Download the Study here : Nenuphar Advisors – LCOE_Jul_2025_v1 Natural Gas, Offshore Wind, and Nuclear are not the cheapest. Our July 2025 global LCOE analysis reveals a clear trend: Wind + Storage and Solar + Storage now deliver lower average LCOEs than: Natural Gas (with or without CO₂ pricing) Offshore Wind (even bottom-fixed) Nuclear (long…
Over 7 GW of renewable capacity being connected via Direct Agreements Involving €500 million in grid upgrades, fully financed by project developers, to be completed by 2030, that is an average value of 71,4 kEur/MVA, substantially lower than the initially 100 kEur/MVA predicted. Portugal moves forward with strategic reinforcement of its National Transmission Grid (RNT)…
At 12:33 CET, the Iberian grid faced a sudden defect (cause still under investigation). Immediate trip of a major power plant in Southwest Spain. ⏱ 1.5 seconds later, another key plant disconnected in the same zone. Chain reaction: Massive solar PV disconnections Disconnection from France Cascading system failure → partial blackout. Root Causes: 1 First…