Value-based bidding, favorable site conditions and Spanish engineering has carved a fresh opening for CSP build.
Portugal launched its delayed second solar auction last month, tendering for 700 MW of new capacity across 12 sites in Southern Portugal.
For the first time, the auction includes a new solar plus storage stream which could see Portugal build its first CSP plant. Solar plus storage developers will compete against stand-alone PV projects on a net present value (NPV) basis to win 15-year guaranteed payment contracts.