Developers in Spain just advanced another 171.5 MW / 726 MWh of battery storage into later-stage permitting. Small number in a European context, large signal: standalone BESS is moving from concept to construction pipeline faster than most 2024 forecasts assumed. From the development desk, that pace only holds up if the engineering underneath it does….
☀️ Solar’s next economic frontier isn’t a cheaper kilowatt-hour, a recent pv magazine piece argues, it’s finding a use for the kilowatt-hours the grid won’t take. Lazard’s 2026 LCOE+ report still puts utility-scale solar at $40-61/MWh unsubsidised. That was never really the constraint. ⚡ The constraint is timing. The cheapest solar hour is usually the…
Adding solar to a wind farm sounds simple. Getting the interconnection headroom right is the actual work. Iberdrola secured permits in April 2026 to add two 51.3 MW solar arrays at existing wind sites in east-central Spain — hybrid plants sharing the same grid connection point, substation, and evacuation line as the wind assets already…
A solar farm that keeps producing at midnight. In Abu Dhabi, that’s now a construction site, not a slogan. Masdar and EWEC broke ground in October 2025 on a 5.2 GW solar PV facility paired with a 19 GWh battery system at Al Azeezah — designed to deliver up to 1 GW of firm, round-the-clock…
European renewables M&A is heating up again in 2026 — but the filters are tougher, and platform-led execution is winning. That matches what we see on the ground as a development and M&A intermediary across Portugal, Spain, the UAE and Africa. Capital is back. Diligence isn’t getting easier — it’s getting sharper. Buyers increasingly discount…
Portugal is moving to formalise a capacity market with a dedicated battery storage auction — the latest step in reshaping how flexibility gets remunerated in Iberia. As developers and advisors running storage DSAs across Portugal, we read this as confirmation of a trend that’s been building for a year: standalone BESS is no longer a…
Abu Dhabi’s grid operator opened registration this month for its 20th Clean Energy Certificates auction, with results due 5 August under a pay-as-bid clearing process. Certificates like these are easy to dismiss as a compliance footnote. They aren’t. For a lender or an equity partner underwriting a Gulf solar or storage asset, a credible certificate…
Capital moving into European renewables is increasingly buying a development capability, not just a project — platform-led execution is becoming a common entry route for new investors this year. Acquiring a platform outright is one way to get there. It’s not the only one. A development services agreement gets a capital partner the same thing…
Spain logged 397 hours of negative power prices in Q1 2026. Portugal logged 222. Both are records. More solar, more wind, and not enough places to put the surplus. That’s the honest read on the Iberian market right now, and it’s reshaping what a “good” renewables SPV looks like. We’re seeing it directly in the…
Europe just posted its biggest second-quarter solar output on record — 129 TWh, roughly 20% above any prior Q2 — and Iberia is feeling it first. Spain logged 596 hours of negative day-ahead prices in H1 2026, Portugal 462. Exchanges have already had to push the price floor down to -€600/MWh to keep the market…
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