Solar storage container tender price in Portugal 2026

How much does a solar auction cost in Portugal?

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 country’s government announced yesterday. Of the 700MW available for auction, 670MW was awarded, with Hanwha Q CELLS winning half of the 12 lots with bids that included battery storage.

How much does a solar farm cost in Portugal?

Solar farm in Portugal. Author: Hugo Cadavez. The ceiling price in the tender was EUR 41.54 and EUR 41.73 per MWh depending on the lots. According to the government, South Korean firm Hanwha Q Cells managed to secure six of the 12 lots, or 315 MW in total. About 483 MW of the awarded capacity will come with an energy storage element built in.

How successful are solar tenders in Portugal?

Thanks to two successful solar tenders, the Portuguese photovoltaic (PV) market is experiencing a surge in large-scale projects. Both solar tenders were very successful in attracting a great deal of bids and resulted in record-low bids, $0.016/kWh in July 2019 and $0.0132/kWh in July 2020, according to Portuguese financial newspaper Expresso.

Are companies willing to pay for solar-plus-storage in Portugal?

So companies, especially companies not yet present in Portugal, have a high willingness to pay for that access,” he said. The auction was the first of its kind in Portugal that invited companies to lodge bids with a storage component included, with eight of the 12 batches awarded to solar-plus-storage projects.

How many solar projects will Portugal have in 2024?

The company’s six solar projects are expected to be completed in 2024. Portugal is only realising one solar auction in 2020 as a result of the ongoing COVID-19 pandemic. As of 2021, however, the government is looking to carry out two per year, awarding a total capacity of 1GW per annum.

Could energy storage be a business case for battery storage in Portugal?

It added that taxpayers will save €559 million over the next 15 years as a result of the auctions. Read about how experts at consultancy firm Clean Horizon view the inclusion of energy storage and the design of the tender as an “interesting first step” in creating a business case for battery storage in Portugal.