Prosolia Energy just commissioned a 15 MW/60 MWh battery system at a 34.4 MWp solar plant in Portugal — one of the country’s largest solar-plus-storage hybrids to date, connected straight into the 150 kV transmission grid. Hybridization is no longer the exception in Iberian development — it’s becoming the default design assumption, and Lisbon’s newly…
Portugal’s public consultation on its first dedicated battery-storage auction closed 20 July — after three weeks of industry input on a new capacity mechanism anchored in Decree-Law 130/2026. 750 MVA of standalone storage. A reliability standard of 1.46 hours of accepted outage risk per year, driving the whole design. A mechanism open to generation, storage,…
European renewables M&A in 2026 has quietly changed shape. Capital is not scarce. Targets are not scarce. What’s scarce is execution certainty — and buyers are pricing it accordingly. We’re seeing it directly in the processes crossing our desk this summer: large-cap buyers absorbing entire portfolios outright rather than picking off single projects, and deal…
Iberian LCOE 2026: When Cost Stops Being the Problem In Iberia, the conversation around renewables has quietly shifted: cost is no longer the main constraint, revenue is. In a new Nenuphar Advisors market memorandum, we adapt Lazard’s 2026 LCOE+ to Portugal and Spain ( Market_LCOE_Iberia_2026 ) and find that Iberian projects are structurally cheaper than…
Portugal has set the date: 14 September, for 1.05 GW of storage capacity up for auction — 750 MW standalone BESS, 300 MW paired with renewables, part of a strategy targeting 3 GW of battery storage by 2030. From the development desk, the auction date is the easy part to track. The harder part happened…
Spain’s grid operator activated emergency demand-response for the third time this year on Wednesday night — asking large industry to cut load as a wind drop met a late-summer heat spike. It was the second such call in a single week. That is no longer an anomaly; it is a data point. The system now…
A major Northern European investor just added solar panels to an existing Portuguese wind farm rather than build a fresh greenfield site from scratch. That is not a headline. It is, increasingly, the playbook. Hybridizing wind with solar on land, permits, and a grid connection that already exist is one of the more underrated moves…
South Africa just cleared 890 MW of new solar through its latest competitive bid window, and around the same time a global investor acquired an African development platform carrying a multi-gigawatt pipeline. Regulator and capital moving in the same direction, in the same country, is exactly the kind of signal M&A intermediaries are paid to…
Spain logged 596 hours of negative day-ahead prices in the first half of 2026. Portugal logged 462. Both are records. Read that as a market signal, not a curiosity. Record PV output across Europe is outrunning the system’s ability to absorb it, and the assets that get built through this decade will be the ones…
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….
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