Iberdrola inaugurates 40GWh Tamega pumped hydro plant in Portugal

LinkedIn
Twitter
Reddit
Facebook
Email

Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.

Iberdrola has invested €1.5 billion (US$1.54 billion) in the facility which combines two run-of-river hydroelectric plants and an 880MW PHES unit (Gouvães), with a total combined hydroelectric power of 1,158MW. That will increase the electrical power capacity on the Portuguese grid by 6%.

The Tâmega electrical power production system can store 40GWh (40 million kWh), which makes it one of the largest energy storage systems in Europe.

The Portuguese prime minister António Costa and Iberdrola chairman Ignacio Galán inaugurated the project yesterday (July 18) morning, although a press release did not clarify exactly which parts of the complex are fully operational and grid-connected yet.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

When the company turned on the first of Gouvães’ four 220MW turbines online in February, as reported on Energy-Storage.news, it said that Gouvães and one of the two run-of-river units would come online in mid-2022 while the second would start in mid-2024.

At full operations, the complex will also have 300MW of wind power, which will help power the PHES plant when it is pumping water up into the upper reservoir (i.e. charging).

Iberdrola has described the project as the “the largest clean energy project in Portugal’s history”.

It comes just a few weeks after Switzerland turned on its own large PHES project. The Nant de Drance plant cost CHF2.2 billion (US$2.3 billion) to build and has an energy storage capacity of 20GWh.

3 November 2026
Málaga, Spain
Understanding technology and supplier selection for Europe’s utility-scale PV market in 2027. PV ModuleTech Europe 2026 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of PV module, inverter and battery supplier selection; product availability, technology offerings, supply chain traceability, quality assurance, factory auditing, system reliability, and supplier bankability.

Read Next

September 11, 2026
Our collection of user-posted analysis, views, and unofficial news, gathered from our networks on LinkedIn, returns for its third outing.
Premium
September 10, 2026
We hear from Angus Gordon Lennox, chair of the Gore Street Energy Storage Fund (GSF), which faces a shareholder vote next week on its future. 
September 10, 2026
The venture-capital-style returns once available in Australia have disappeared, according to panellists at the Battery Asset Management Summit Australia 2026.
September 9, 2026
This edition of news in brief brings you BESS news from the UK market featuring Field, Eelpower and EDF, as reported by our colleagues at Solar Power Portal.
September 8, 2026
Aukera has closed a €460 million (US$534.23 million) structured credit facility to advance its project pipeline in five European markets.