The Alcoutim Photovoltaic Plant which aims to revolutionise Portugal’s energy supply through storage systems was officially unveiled last week. Located in the parishes of Vaqueiros and Martim [...]

Wholesale electricity prices soared again on Sunday, 9% higher than last week bringing overall prices to the highest ever on the Iberian peninsula this month. The continued and sustained [...]

The rising price of natural gas over the past few months to historic levels is putting such pressure on the price of wholesale electricity in Portugal that it could stall the country’s economic [...]

EDP Renováveis and Proctor & Gamble have signed a 15-year wind and solar energy acquisition contract for 127.5 MW. The contract, which will reduce greenhouse gas emissions by 130,000 tonnes [...]

Spanish electricity producers have admitted that they could raise the price of electricity in Portugal. In less than two weeks, Endesa has radically changed its mind and now says it will “adjust [...]

Companies could pay up to 134% more for their energy under the terms of new 12 month contracts from electricity producers like EDP. The director of EDP Comercial which deals with companies, [...]

The Iberian electricity market shot up in price again today to reach a new record wholesale price with each MWh costing €132.47, beating all previous records which were reached on both Monday and [...]

The Portuguese hydrocarbons energy company Galp has announced to the markets that it has begun oil and gas exploration off the coast of Rio de Janeiro in Brazil. A company statement reads, “Galp [...]

GreenVolt shares are changing hands at just over €5 per share for the first time since the renewables energy company was launched on the Lisbon stock market. The shares from the company managed [...]

The competition authority has given the green light for the acquisition of a 70% controlling share in Profit Energy by GreenVolt. Profit Energy is a company linked to the development of energy [...]