Tender for 700MW of solar in Portugal ten times oversubscribed

Facebook
Twitter
LinkedIn
Reddit
Email
João Pedro Matos Fernandes. Image: Richter Frank-Jurgen/Flickr.

Portugal’s environment minister has revealed a solar tender due to take place in the country at the end of the month is ten times oversubscribed.

Speaking at the inauguration of a new solar park located at an airbase in Leiria, João Pedro Matos Fernandes said of the ten lots to be tendered, nine have an energy storage element. The auction is due to take place on 24 and 25 August and winners are expected to be known at the beginning of September. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Initially due to launch in spring, Portugal postponed the 700MW solar auction as a result of COVID-19. Speaking to PV Tech earlier this year, secretary of state for energy João Galamba said the government has aimed to remove bureaucratic hurdles to help projects move forward.

Portugal’s first solar auction took place last year and granted winners a total of 1.15GW in contracts. It also produced then record-low individual tariffs of €14.76/MWh.

While that auction was open to projects across the country, this year's 700MW tender targets the southern regions of Alentejo and Algarve.

Read Next

May 2, 2025
The European Commission (EC) has allocated €52 million to nine renewable energy projects as part of its cross-border auction process.
May 2, 2025
AEMO said that new renewable energy generation and energy storage projects in the final commissioning phase in the NEM have reached 7GW.
May 2, 2025
The Queensland government has announced plans to reform the approval process for solar PV and wind generation sites in the Australian state.
May 1, 2025
CSI Solar, the PV manufacturing subsidiary of Canadian Solar, has posted massively decreased profits in Q1 2025 amid what it described as “high trade barriers” and “severe supply-demand imbalances”.
Premium
May 1, 2025
April 2025 saw solar PV generation, both rooftop and utility-scale, decrease marginally month-on-month in Australia’s NEM by almost 11%.
April 30, 2025
Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK