Storage is where capital is clearing — from Riyadh to the Rhine.
A quiet summer weekend still left three clean signals for renewables investors.
What we’re tracking today:
Saudi Arabia’s SPPC pre-qualified 27 bidders this week for its second battery tender — 3 GW / 12 GWh across six 500 MW sites. ACWA Power, Masdar, EDF and TotalEnergies all made the list. Gulf storage procurement is now gigascale, and competition this deep compresses costs for every BESS business case in the region.
Acciona Energía closed the sale of a 64 MW Spanish mini-hydro portfolio to White Summit Capital for €66m. Infrastructure capital keeps paying for operating, dispatchable Iberian assets while merchant solar reprices — asset rotation is funding the next build cycle.
Germany’s Green Flexibility acquired a 750 MW / 3 GWh BESS project portfolio from developer Kajoni. European storage consolidation is accelerating; well-sited, grid-secured pipelines are becoming the scarcest asset in the market.
At Persimmon Investments, dispatchability is the thread we follow — and this week, capital followed it too.