Spain and Portugal have recorded their best historical quarter in cleantech investments, with 435 million euros distributed across 14 operations during the first quarter of 2026. This volume surpasses any previous record and consolidates an upward trend already reflected in 2025, when the ecosystem closed with 768.8 million euros invested, according to data from Cleantech for Iberia.
The engine of transition: clean technologies that scale 🌱
Growth is supported by sectors such as energy storage, electric mobility, and industrial decarbonization. Iberian startups attract capital from both European funds and private investors seeking projects with measurable returns. The ecosystem's maturity is reflected in larger operations and geographic diversification, with Lisbon and Barcelona as prominent hubs. The trend points to a progressive consolidation of the cleantech business fabric on the peninsula.
Climate investment: now we just need the sun to be listed on the stock exchange ☀️
435 million in three months sounds good, but if the pace continues like this, by 2027 we might be able to buy an entire country with solar panels. Meanwhile, investors look at Iberia as the new green gold rush, though the only real risk is that funds get spent on more impact reports. At least, when the electricity bill arrives, we'll know that part of that money is in good hands (or in promising startups).