The new plants will contribute to Iberdrola's rapid expansion across the Iberian peninsula, after the firm secured 149MW of new Portuguese projects last month.
IPP’s success bagging 15-year PPA for ‘very advanced’ project north of Lisbon comes as consultants say tender’s record-low prices underscore greater appetite for merchant risks.
French firm Akuo scores cheapest tariff and reaps 370MW of total 1.15GW awarded while Iberdrola bags 149MW by pledging to pay for grid space under second modality.
Tariffs of €14.76/MWh at oversubscribed latest PV tender are ‘great news’ for consumers, state secretary Galamba says as he walks PV Tech through results before their official publication.
Claims of €20/MWh bids emerge as country sets sights on next week to publish results of 1.4GW tender, which must choose winners from 10GW worth of projects.
Ministry confirms extension until 7 July will help consider proposals from some 300 parties so far, keen to bid on 1.4GW tender meant to fuel solar boom.
