Endesa, a subsidiary of Enel, has won a project that combines the solar, wind, and energy storage.
Located in Pego, in the Santarém district of central Portugal, Endesa will install a 365 MW solar power plant, a 264 MW wind farm, and 168 MW of battery storage. The EUR600 million (US$660 million) project will also be connected to a 500 kW electrolyzer that will be used with surplus power that cannot be stored by the batteries.
Country updates
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February 24, 2022
Smartenergy starts construction of the 63.5 MWp Pessegueiro solar PV project in Pinhal Novo
Smartenergy Invest AG has started the construction of a 63.5 MWp Pessegueiro solar photovoltaic project located in Pinhal Novo, south of the capital Lisbon, Portugal. The project has a tot...
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February 18, 2022
Asterion Industrial Infra Fund II reaches EUR1.8bn Final Close
Asterion Industrial Partners, an independent investment management firm has reached the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion (US$2.05 billion) in...
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February 10, 2022
Construction completed for 1.15 GW pump hydropower complex in Portugal
Iberdrola has synchronized the first 220 MW turbine at the Gouvães hydroelectric power plant, delivering clean power to the grid for the first time.
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February 07, 2022
NextEnergy Capital completes US$896mn final close for NextPower III ESG
NextEnergy Capital (NEC), has reached the final close for its NextPower III ESG (NPIII ESG), bringing the total capital raised to US$896 million, including an SMA. Including co-investments closed to d...
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December 17, 2021
Iberdrola, H2 Green Steel to build 1 GW green hydrogen project in the Iberian Peninsula
H2 Green Steel (H2GS) and Iberdrola have signed a partnership to build a 1 GW plant to produce Green Hydrogen on the Iberian Peninsula. Several locations are currently under consideration. Iberdr...
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