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According to the terms of the agreement, the assessment of 100% of the assets in the portfolio amounts to roughly EUR 1.2 billion. Iberdrola will certainly have a majority stake of 51% in the assets and Norwegian fund will have the rest 49%.

Iberdrola, a global renewable energy giant, plans to build six Battery Energy Storage Systems in Spain, using lithium-ion technology and hybrid systems with solar power. These projects will receive significant funding and play a vital role in maximizing clean energy utilization and grid stability.

Talayuela PV project becomes part of 500MW portfolio in Spain expected to produce EUR36m in 2021

Austria-based solar designer CCE Group GmbH has actually inaugurated the 87-MWp La Huella solar farm in Chile, its very first such project in the South American nation.

Spanish utility Endesa SA (BME: ELE) has actually gotten a 900-MW portfolio of solar PV projects in Spain from compatriot Prodiel SL, a Seville-based renewables service provider and also programmer.

Spanish renewable power and gas distributor Audax Renovables SA (BME: ADX) claimed today that it has actually begun building works with its 6.87-MWp La Miranda solar PV project in the Guadalajara province of Spain.

Madrid-based developer Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has actually inaugurated a 150-MW DC solar cluster in Spain, called San Servan 400 as well as composed of three 50-MW DC projects.

A recent project milestone saw the disconnection of properties from overhead lines and will enable 64km of poles and wires to be replaced by off-grid solar-plus-battery solutions.

Renewable resource seeking advice from firm Vector Renewables was chosen by Spanish investment supervisor Eranovum Energy to handle a 169-MW photovoltaic (PV) plant, presently unfinished in Spain.

Spanish power utility Endesa SA (BME: ELE), with its renewables unit Enel Green Power Espana (EGPE), has actually commissioned a 50-MW solar photovoltaic (PV) park in the region of Andalusia, southerly Spain.

The Abu Dhabi Fund for Development will support half a dozen megawatt scale projects featuring solar in the Caribbean and Africa. In addition to around 42.5 MW of new solar capacity, the fund will also back the development of energy storage, waste-to-energy and biogas facilities.

Spain is poised to host yet another major subsidy-free solar setup, an additional indication that foreign gamers wish to sidestep power purchase contracts (PPAs) completely.

TotalEnergies switches on a 59‑MWp Toledo solar farm—bifacial, grid-smart and battery-ready—cutting interconnection risk, enabling PPAs today and storage-shifted revenues tomorrow, with local jobs and tech upskilling.

Zelestra powers pharma’s decarbonization with a 162‑MW Cuenca solar cluster delivered early, selling via Schneider’s Energize as Belinchon I–III’s 275,000 modules on trackers boost a 1.1‑GW national portfolio.

Octopus Renewables Infrastructure Trust (ORIT) expands its renewable energy portfolio with the acquisition of four solar farms in Dublin, Ireland, bringing its total capacity to 735MW. Microsoft commits to a 15-year Power Purchase Agreement for the electricity generated. ORIT also plans to invest in offshore wind with a £3 billion fund.