Iberdrola’s 880MW pumped hydro plant in Portugal to go online in mid-2022

By Cameron Murray
February 3, 2022
LinkedIn
Twitter
Reddit
Facebook
Email
Water will come down into Gouvães reservoir (pictured), from Daivões reservoir 650 metres above it. Image: Iberdrola.

Iberdrola expects its 880MW pumped hydro plant at the Tâmega energy storage complex in northern Portugal to become fully operational in the middle of this year. 

It has just connected the first of four 220-MW turbines at the Gouvães hydroelectric power plant, which will provide 880MW of pumped hydro energy storage (PHES) alongside two run-of-river hydroelectric plants which bring the complex’s total hydoelectric power to 1,158MW. Gouvães and one other will go online in mid-2022 while a third will start in mid-2024. 

The Gouvães plant will increase Portugal’s pumped hydro power by 30% from where it is today. 

The Tâmega energy storage complex is being built on the Tâmega river with €1.5 billion (US$1.69 billion) of investment by Iberdrola, with the help of a €650 million loan from the European Investment Bank (EIB).

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

It will be able to produce 1,766 GWh per year and will be a hybrid plant with two attached wind farms totalling 300MW. The wind power will partially be used to drive the water back up to the Gouvães reservoir, as well as being fed into the grid. 

The Gouvães plant ranks as one of the larger pumped hydro projects of recent years.

It is the same size as a recently proposed 900MW project in Wyoming, US, and a bit smaller than India’s 1.2GW project in Andra Pradesh. The latter will be combined with 2GW of solar and 400MW of wind power, awarded to developer Greenko through a competitive tender process, recorded as the lowest priced renewables-plus-storage project in the world when it was approved in 2018.

Australia’s first new pumped hydro project in nearly 40 years is 250MW and currently under construction. Elsewhere a 500MW project in California and a 450MW project in Scotland are at different stages of gaining approval

Tâmega will provide around half the pumped hydro power of the largest existing pumped hydro plant in Europe, the 1,780MW Cortes-La Muela in Valencia, Spain, which was built in the 80s.

Workers in tunnels at the Tâmega complex. Image: Iberdrola
24 February 2026
InterContinental London - The O2, London, UK
This isn’t just another summit – it’s our biggest and most exhilarating Summit yet! Picture this: immersive workshop spaces where ideas come to life, dedicated industry working groups igniting innovation, live podcasts sparking lively discussions, hard-hitting keynotes that will leave you inspired, and an abundance of networking opportunities that will take your connections to new heights!

Read Next

November 20, 2025
We hear from the co-founder and CEO of optimiser Suena Energy Dr. Lennard Wilkening about the evolution of BESS asset management in Europe, including the impact of artificial intelligence (AI).
Premium
November 19, 2025
The EU Batteries Regulation came into force in 2023, but its various stipulations become law over the next several years. What does it mean for Europe’s BESS developers, operators and suppliers?
November 19, 2025
Solar Energy Corporation of India (SECI) has agreed on BESS and hybrid solar developments with the Government of Andhra Pradesh.
November 18, 2025
The low level of the MACSE tariffs in Italy took everyone by surprise and will require careful asset management, but their relative value and those of the capacity market (CM) should increase over time. 
November 18, 2025
The 2GWh Kidston Pumped Hydro Project has been registered in the Australian Energy Market Operator’s (AEMO) Market Management System (MMS).