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.
One of Europe’s leading utility-scale solar investors has said that the continent’s subsidy-free solar market has “developed rapidly” in recent months.
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.
Government confirms 10GW across 64 projects has applied for support from two-layered 1.4GW tender, meant to award contracts later this summer.
Chint Solar says many new innovations are so closely linked to predecessors they are instantly ‘bankable’.
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.
Authorities considering proposal for 6GWh scheme at one of Europe’s largest dams, set to feature 10,000 panels over inter-linked HDPE platform.
Annual deployment for the next two years will top 20GW with record levels expected in 2020.
London IPO plans emerge as firm chases institutional money to buy 16 wind, PV, hydro, storage, grid projects across EU markets, with the UK excluded.
Energy giant marks largest PV project to date with two plants set to power facilities of Exide, which in turn will manufacture the batteries used by the installations.
LSS2019 special report: Sophisticated, integrated, data-savvy players are better positioned to outpace rivals in an unsubsidised era, say industry names.
LSS2019 special report: Top financiers bullish on European potential but apprehension around government intervention continues to loom over continent.