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Renewables Supplied 54% of Portugal’s Power in August
Portugal continued to strengthen its renewable energy profile last month, with renewables meeting 54% of national electricity consumption in August, according to grid operator Redes Energéticas Nacionais (REN). The figures highlight the country’s steady march toward energy independence and decarbonisation. During the month, non-renewable sources covered 17% of electricity demand, while the remaining 29% was met through imports. From January to August, renewables supplied 71% of Portugal’s total consumption, underscoring the resilience of the country’s green energy mix. Hydropower led the way with 30%, followed by wind at 24%, solar PV at 12%, and biomass at 5%. The data shows Portugal’s hydropower resources continue to play a stabilising role, complemented by steady growth in wind and solar output. Electricity demand also rose. Consumption in August was 3.4% higher year-on-year, and after adjusting for working days and temperatures, the increase was 2.1%. REN noted that despite rising consumption, renewables have been able to cover the majority of the national load for much of the year. Portugal has long been recognised as a frontrunner in Europe’s renewable transition, driven by investments in solar and wind projects and a commitment to phase down fossil fuel reliance. The strong results of 2025 so far put the country on track to surpass its previous renewable generation records, while also reducing exposure to energy price volatility in international markets. With more large-scale solar plants under development and offshore wind projects advancing, Portugal is expected to further expand its renewable generation share in the coming years.
Sep 2, 2025 // Markets & Finance News, Grids, Portugal, solar pv, Europe, hydropower, Wind Energy, REN grid operator
Matrix Renewables to get 300 MW of Iberian solar projects from Alten
establish 2 GW of solar as well as storage space projects in Spain as well as Portugal. The asset purchase contract concerns a total amount of 5 late-stage
Jun 15, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Europe, solar projects, Matrix Renewables, Alten
R Power turns sod on Portuguese PV portfolio
Power has actually begun building of 72MW of solar projects in Portugal. The Polish firm is building the projects in the districts of Alentejo, Santarém,
Nov 3, 2022 // Plants, Large-Scale, Commercial, Portugal, Europe, Przemek Pięta, R Power
Aquila, Axpo Iberia get in PPAs for 25 MW of Portuguese solar
58 GW yearly generated from 4 of Aquila Capital's photovoltaic (PV) parks in Portugal. The acquired capacity belongs to Aquila Capital's Portuguese portfolio,
Jul 28, 2021 // Plants, Markets & Finance News, Portugal, PPA, Europe, aquila, Axpo Iberia
CIP reveals Portuguese green hydrogen plan
industrial-scale MadoquaPower2X project will certainly be based in Sines, Portugal, and is anticipated to create 200+ direct and indirect jobs. MadoquaPower2X
Apr 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar to Fuel, CIP, Madoqua, Power2X, Rogaciano Rebelo
Blackfinch targets core European solar markets in US$ 412m fundraise
renewable energy infrastructure assets in core European markets such as Portugal, Italy as well as Poland. The firm has a seed portfolio of possessions worth
Sep 1, 2021 // Markets & Finance News, Portugal, Italy, Poland, Europe, blackfinch, BRET
Aquila Wins 40 MW in Portuguese Battery Tender
Group, has successfully secured 40 MW of battery energy storage capacity in Portugal's recent tender. This achievement marks a significant step for Aquila in
Feb 17, 2025 // Storage, Portugal, Europe, Aquila Clean Energy EMEA
Aquila expands Portuguese solar portfolio
entered into an agreement to acquire 50% of the equity in a 60MW solar farm in Portugal. The transaction for a share in the unlevered operating property Ourique is
Apr 1, 2021 // Markets & Finance News, Portugal, Europe, aquila, Ian Nolan
Iberdrola wins nod for 1.2 GW Portuguese solar
will certainly be one of Europe's biggest solar plants, a 1200MW project in Portugal. The Spanish developer has secured environmental authorizations to build the
Jan 31, 2023 // Plants, Portugal, Iberdrola, Europe, PV Power Plant
Vodafone Powers On-Grid with Iberdrola's Solar PPAs
(PPAs) to supply Vodafone with 410GWh of solar generated electricity in Spain, Portugal and Germany. The PPAs will accelerate the companies’ net-zero journeys
Jul 11, 2023 // Markets & Finance News, PPA, Iberdrola, Vodafone
EDP buys 50% stake in 278MW of First Solar projects in the US
de Portugal (EDP), through its subsidiary EDP Renewables North America LLC, has acquired a 50% stake in a 278MW US solar portfolio that was developed by First
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, EDP, First Solar, North America, CdTe
Neoen turns sod on 272MW Portuguese solar
has actually begun the building of among Portugal's largest solar parks, with a capacity of 272MW. The park will certainly make up 2 contiguous solar farms,
Dec 15, 2022 // Plants, Large-Scale, Commercial, Portugal, Europe, neoen, PV Power Plant, Bernardo dos Santos
Lightsource BP creates green hydrogen JV
are forming a joint venture to purchase solar and green hydrogen facilities in Portugal. The partnership will certainly explore the potential of eight green hydrogen
Dec 23, 2021 // Storage, Solar to Fuel, Portugal, Lightsource BP, Europe, green hydrogen
Voltalia Powers Up 50.6 MW Solar Cluster
player, has successfully commissioned an impressive 50.6 MW solar cluster in Portugal. Construction began in September 2021, with power generation commencing at
Aug 29, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Voltalia, Renault, solar cluster, Garrido
R Power obtains 59MW Portuguese PV portfolio
firm R Power has bought a portfolio of solar projects in Portugal totalling 59MW. The investment deserve PLN160m (EUR35.4 m), R Power stated. It included that
Aug 31, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, PV Power Plant, solar projects, Przemek Pieta, R Power