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…
Two multi-gigawatt renewables portfolios changed hands in the last month — Aditya Birla’s 5 GW pickup of Shell’s Sprng Energy platform, and Masdar’s move toward roughly 4.1 GW of operating capacity across Iberia through its Repsol partnership. https://www.pv-magazine.com/2026/07/14/aditya-birla-group-to-acquire-sprng-energy-from-shell/ ; https://www.energyglobal.com/wind/12062026/repsol-and-masdar-to-partner-in-849-million-renewables-portfolio-in-spain/amp/ Capital is consolidating fast, and it is consolidating around scale. From the M&A intermediation side,…
pv magazine’s “Iberian BESS paradox” piece (24 July) put a name to something we see on the design desk daily: batteries are being built faster than the market signals reward them. Standalone storage in Spain and Portugal is being sized against ancillary services and arbitrage spreads that shift quarter to quarter, while co-located BESS has…
Spain asked for 40 GW of new grid access in 2025. Regulators approved 4.5 GW. Portugal isn’t far behind: available grid capacity today covers less than a tenth of the renewables pipeline developers want to build before this decade closes (pv magazine, 1 April 2026). That scarcity is quietly rewriting the M&A map. A permit…
Four floating LiDAR buoys are now measuring wind and sea conditions off Viana do Castelo, Leixões, Figueira da Foz and Ericeira. They’re part of LNEG’s EOLOS.Mar programme — twelve-month measurement campaigns feeding real data into the sites earmarked for Portugal’s floating offshore wind zones, part of the push toward 10 GW of offshore leases by…
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