According to the provisional results, unveiled last week, 43 projects have been selected out of a total of 79 applications to receive just below EUR 100 million (USD 104.4m). The successful projects will together add at least 500 MW of energy storage to the public electricity grid.
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Portugal’s government has announced the outcome of an energy storage tender that will see the installation of 500 MW of energy storage capacity to support the country’s energy transition.
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This initiative aims to enhance the flexibility and stability of Portugal''s power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million
The successful projects will together add at least 500 MW of energy storage to the public electricity grid. The call for proposals, which is part of the country''s Recovery and Resilience Plan (RRP), was launched last summer.
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The biggest grant was awarded to Solara4Phase4 to the tune of EUR 16.4 million. A total of 43 projects were selected from 79 applications in Portugal''s 2025 energy storage procurement. This included six projects from
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Portugal''s Ministry of Energy has announced that it has allocated €100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025.
Most of the projects have received all permits and are scheduled to start construction in early 2025. Katja Wünschel, CEO RWE Renewables Europe & Australia: "31 solar projects awarded.
Located in the region of Algarve, the solar-plus-storage facility is expected to commence operations in 2024. Under the terms of the auction, Enel secured the connection rights to the Portuguese grid under a 15-year contract
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Energy storage included in majority of winning bids in Portugal''''s Portugal''''s second solar auction has closed with record-breaking low prices of €11.14/MWh (US$13.12), or US$0.0131/kWh, the
From ESS News Portugal’s Ministry of Energy has announced that it has allocated €100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025. A total of 79 applications were vying for grant support secured under the country’s Recovery and Resilience Plan (RRP).
This initiative aims to enhance the flexibility and stability of Portugal's power supply system amid its record-breaking solar electricity production. On July 31, the ministry announced the allocation of €99.75 million through a call for tenders to install energy storage projects totaling 500 MW.
The biggest grant was awarded to Solara4Phase4 to the tune of EUR 16.4 million. A total of 43 projects were selected from 79 applications in Portugal’s 2025 energy storage procurement. This included six projects from Spain’s Iberdrola, which secured nearly EUR 20 million in public funding.
Grid-scale BESS projects have been relatively limited in Portugal to date, although utility Iberdrola did bring online a huge, 40GWh pumped hydro energy storage (PHES) project there in 2022. This isn’t just another summit – it’s our biggest and most exhilarating Summit yet!
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