Spanish utilities have sold more than 12 GW of renewable assets in the last five years — over €15 billion — and per-megawatt valuations have fallen from the €150,000–250,000 range to €50,000–90,000. https://elperiodicodelaenergia.com/el-mercado-renovable-espanol-entre-los-precios-cero-y-la-rotacion-de-activos/ That is not a market in retreat. It is a market maturing out of “build and hold” and into one where capital…
Roughly 10 GW of Spain’s onshore wind fleet is closing in on 25 years of operation — the age where repowering conversations start in earnest, per reNews’ coverage from WindEurope 2026. https://renews.biz/111196/windeurope-2026-sanchez-sets-spain-energy-transition-push/ Repowering sounds simple on paper: swap old turbines for fewer, larger ones on the same site. In practice, the resource assessment has to…
Spain’s renewables association is pushing back this week on a draft rule that would require data centers to match 80% of their consumption with renewable generation on an hourly basis, asking instead for annual correlation. https://www.energias-renovables.com/panorama/appa-pide-al-gobierno-que-el-consumo-20260907 Whichever way that detail lands, the direction is set: data centers are becoming one of the fastest-growing classes of…
Portugal’s solar fleet just posted a new high: 3.85 GW of generation in August, with renewables covering 52% of the month’s electricity consumption and 66% year-to-date. https://www.pv-magazine.com/2026/09/03/solar-reaches-new-power-highs-in-portugal-in-august/ Numbers like that read as a good-news story on the surface. From where we sit as developers, they’re also a capacity signal. Every additional gigawatt the grid absorbs…
📊 The numbers first. Red Eléctrica’s post-blackout “operación reforzada” has cost the system €3.57bn so far this year, 37% more than the same period of 2025, mostly by keeping combined-cycle gas plants running for security while TTF sits above €75/MWh. In parallel, renewable generators have lost roughly €391m to curtailment: about 1,560 plants and close…
Spain is now requiring data centres of 1 MW and above to source at least 80% of their electricity from renewables, with data processing kept under European control. https://www.pv-magazine.com/2026/08/26/espana-exigira-a-los-centros-de-datos-un-80-de-renovables-adicionales-y-datos-bajo-control-europeo/ Rules like this turn a soft ESG preference into a hard procurement requirement, and it changes how a Project Development Services Agreement gets written. An offtaker…
WindEurope’s new Autumn Report just landed: €9 billion invested in new European wind farms in H1 2026, 17GW awarded through auctions in the first half, and another 26GW expected before year-end. https://www.renews.biz/other-news/europe-on-track-for-record-wind-year/ That’s the headline. The harder read sits underneath it: permitting volumes fell in several core markets, including Spain, even as installations climbed 30%…
Portugal’s grid operator confirmed it this month: solar was the country’s number one source of electricity in July, for the first time ever. https://www.ren.pt/en-gb/media/news/solar-power-was-the-main-source-of-electricity-generation-for-the-first-time-in-portugal But look past the headline and the same report tells a quieter, more useful story. REN’s own productivity index for July put solar at 0.89 and wind at 0.71 against the…
A new industrial buyer is showing up in Iberian renewables deal rooms, and it isn’t a utility. https://auroraer.com/company/press-room/data-centers-energy-iberian-peninsula-energy-demand-ppa-renewable-energy-industrial-transformation-spain-portugal Aurora Energy Research puts data centre demand across Spain and Portugal at roughly 2.8 TWh today, on course to quadruple to 12.8 TWh by 2030. That is not a rounding error on a grid built for a…
Portugal has just designated over 800 zones across roughly 170 municipalities for fast-tracked solar and wind licensing. https://www.theportugalnews.com/news/2026-08-21/portugal-fast-tracks-renewable-energy/1073441 Shorter licensing periods and, in places, simplified environmental procedures move the bottleneck that has defined Iberian greenfield development for years. For developers, that changes the sequencing: the constraint shifts from “how long until we get a decision”…
WhatsApp us