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Wave Energy
Eco Wave Power Launches First Megawatt-Scale Wave Energy Project in Portugal
Eco Wave Power Global AB, a company specializing in onshore wave energy technology, has officially started its first megawatt-scale wave energy project in Porto…
Wave Energy
Eco Wave Power Kicks off First Mw-Scale Wave Energy Project in Portugal
Inna Braverman during the site visit to the underwater gallery, which will be used for the installation of wave energy conversion units. Image courtesy Eco Wave…
Offshore Wind Power
Tokyo Gas to Buy 21% Stake in Portugal’s Floating Offshore Wind Farm
Japan's largest city gas provider Tokyo Gas (9531.T), opens new tab said on Tuesday it will buy a 21.2% stake in the WindFloat Atlantic operational floating…
Offshore Wind Power
EIB Loans Haizea Wind Group €35M for Advanced Wind Manufacturing
Image credit: Haizea Wind GroupThe European Investment Bank (EIB) and Haizea Wind Group, a Spanish company specialising in the manufacture of components for the…
Energy Storage Project
Portugal Allocates Funding for 500 MW of Energy Storage
Portugal is seeking to promote flexibility and balance its power system with energy storage as it continues to break records for solar energy production. To thi…
Renewable Energy
EDP’s First-Half Profit Jumps 75% on Capital Gains in Renewables, Brazil
Portugal's largest utility EDP (EDP.LS), opens new tab posted a higher-than- expected 75% jump in first-half net profit on Tuesday, boosted by capital gains…
Renewable Energy
Portugal Plans to Raise Share of Renewables in Electricity Consumption to 93% by 2030
Plants grow between solar panels in Sabugal, Portugal, January 12, 2023. REUTERS/Pedro Nunes/File photo Purchase Licensing RightsPortugal plans to raise the con…
Photovoltaic (PV)
Iberdrola Installs Two New Photovoltaic Plants in Portugal
The Montechoro I and II PV plants, located in the Algarve region of southern Portugal, have been completed and now contribute to the country’s renewable e…
Offshore Wind Power
Repsol and EDF Renewables Sign an Agreement for Spain and Portugal for Offshore Wind Power
Repsol and EDF Renovables have reached an exclusivity agreement to join forces for future offshore wind tenders in Spain and Portugal, given that the Iberian Pe…
United Kingdom
Copenhagen Infrastructure Partners Divests UK Biomass Power Plant
Copenhagen Infrastructure Partners, via its Flagship Fund Copenhagen Infrastructure II K/S (CI II), and Burmeister & Wain Scandinavian Contractor, have signed a…
Offshore Wind Power
Iberdrola Obtains Environmental Authorization for a 274 MW Wind Power Plant in Portugal
Iberdrola has announced that it will build a new wind farm in Portugal after having obtained the necessary environmental authorization. The facility will be loc…
Offshore Wind Power
Portugal's New Govt Committed to Developing Offshore Wind, Minister Says
Portugal's new government is committed to developing offshore wind energy and also sees "repowering" onshore wind farms and promoting solar projects, includ…
Renewable Energy
Iberdrola and Norges Bank Investment Management Conclude Negotiations to Expand Alliance to 2,500 MW of Renewables in Iberia
Following the conclusion of negotiations, the companies add a further 644 MW into their alliance and are now developing approximately 2,500 MW of renewables in …
Oil & Gas Trade
Portugal's Galp Says Field off Namibia Could Contain 10 Billion Barrels of Oil
Galp Energia logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsPortuguese oil …
Electric Vehicles
China's Chery to Set up Shop in Europe
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s fir…
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