The onset of the banking crisis in 2007 has prompted a reduction in both the number of project finance deals, the scale of those going ahead, and a much more objective calculation of benefits by lenders
Among the initial responses to the financial crisis in Portugal and Spain was a strong emphasis on project and construction schemes, intended to inject liquidity and momentum into the national economies. New or long-awaited project
Portugal is embarking on a series of pilot solar photovoltaic and thermo-solar production sites that may lead to a dramatic expansion of the market
The success of Portugal’s onshore renewable energy strategy is prompting both the government and investors to now look at new opportunities, albeit with mixed success, says Jose Eduardo Martins, Head of Public Law at
Pricing uncertainty is reducing the degree of commercial speculation in the renewables sector, while encouraging larger renewables players into the market The coming months will likely see new regulation affecting the renewables sectors in Spain,
In its present form, the Spanish electricity system is financially unviable, but major changes could produce mid-term results, says Javier de Montalvo, Head of Energy at GARAYAR ASOCIADOS.
The regulatory process in Spain can be both difficult to understand and opaque, but clarity of decision-making and outcome is vital if investors are to retain confidence
International expansion is a question of risk control, but the experiences energy companies have gained overcoming domestic challenges is helping them succeed abroad
Portugal, like Spain, has financial and political worries on how to deal with its energy tariff deficit. “We are likely to see some changes to feed-in production tariffs in the renewables sector but nothing is
Portugal, Angola, Cape Verde, Mozambique and São Tomé e Príncipe share a wide range of cultural roots, among which are very specific aspects of the daily life and, most of all, the same