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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 …
Wind Turbine
Service of 497 Enercon Wind Turbines to Be Extended in Terms of Scope and Run-Time
ENERCON has signed a new framework agreement with its Portuguese customer Finerge regarding the service and maintenance of Finerge’s fleet of ENERCON turb…
Oil&Gas Drilling
Offshore Oil & Gas Exploration Heats up in Namibia as Galp Spuds Prospect While Chevron Seeks Green Light for Multi-Well Drilling Program
Portuguese oil and gas company Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and To…
Solar Power Plant
Octopus Energy Invests in Irish and Portuguese Solar Companies
The investments will enable the creation of 250MW of new solar power by 2027. Image: Octopus Investments.The generation arm of energy supplier Octopus Energy ha…
Offshore Wind Power
Portugal, Norway Bolster Floating Offshore Wind Ties
The Portuguese cluster Forum Oceano and Norwegian Offshore Wind have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the supply c…
Solar Panel
Portuguese Solar Developer Gets $275 Million From EIG to Boost Capacity
Portugal' solar project developer Prosolia Energy said on Thursday it had received 250 million euros ($274.70 million) in financing from U.S.-based fund EIG…
Offshore Wind Power
Iberblue Wind Announces the First Cross-Border Offshore Wind Project on the Spanish-Portuguese Border
IberBlue Wind, a joint venture operating in the Iberian market, has announced two floating offshore wind projects on the North Atlantic coast. They will be loca…
Offshore Wind Power
Ocean Winds Forges Ties With Portuguese Port
Ocean Winds (OW), a joint venture between EDP Renewables and Engie, has signed a memorandum of understanding (MoU) with the Port of Setúbal in Portugal t…
Hydrogen Project
Fusion Fuel Awarded €3.3M Grant From Spanish Programme for 2.4MW Green Hydrogen Project
Portuguese Fusion Fuel has been awarded a €3.3m ($3.5m) grant by the H2 Pioneros programme to develop a 2.4MW green hydrogen project in Spain.Planned to be…
Canada
Canadian-Portuguese Joint Venture Plans $1.04 Bln Hydrogen Plant in Sines
Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced on Monday plans to invest mor…
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Solar Power Plant
Iberdrola Toasts First Portuguese PV Commissioning
Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.
Energy Storage Project
Portuguese Utility EDP Adding Battery Storage to Floating Solar-Hydropower Hybrid Plant
Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised earlier this month.
Rooftop PV System
New Water-Draining Device for Rooftop PV Systems
Portuguese startup Solarud has developed a way to eliminate soiling around the frames of PV panels with low inclination slopes. The device drains water that wou…
Solar Power Plant
Iberdrola Adds 86MW to Portuguese Renewables Business
Spanish multinational utility Iberdrola is expanding its renewable energy business in Portugal by kickstarting the development of four clean energy projects.
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