Profits at Portugal’s EDP Renováveis rose 18% in 2021 to €655 million The profits were €99 million up on 2020 when the subsidiary company of EDP saw profits of €556 million. “The net result [...]
EDP Renováveis has completed the sale of a wind farm in Portugal to Onex. The transaction, announced in July last year, reports Jornal de Negócios, covers five wind farms with a total capacity of [...]
Electric car owners who are Galp customers will now be paying an extra 16% to charge their vehicles by next month. The company had already raised energy costs by 9.8% ( (off-peak hours) and 7.5% [...]
The building of a new hydrogen plant should start in 2023 with operations slated for 2025 at Sines according to Portugal’s largest electricity power provider EDP. The electrolysers will provide [...]
Portugal’s only renewables cooperative, Coopérnico has lost 15% of its client base in 2021 at a time when it was growing to nearly 2,000 clients. The reason is restrictions on getting access to [...]
The wholesale price of electricity on the Iberian market hit a new historic high this week because of the high price of natural gas and an increase in the cost of carbon dioxide emission rights [...]
EDP Renováveis and LS Electric have reached an agreement to pursue joint renewable energy projects in South Korea. In a communiqué, EDP, which holds a 74.98% share in EDPR (EDP Renováveis), [...]
The Portuguese energy company Galp has decided that its lithium ore refinery will be at Sines, 164 km south-west of Lisbon. After its CEO Andy Brown was vague about whether the refinery would [...]
Portugal and Japan are rekindling an historic maritime connection in efforts to supercharge the future energy transition and stimulate blue economy growth. As the first Europeans to reach [...]
The Portuguese oil and gas company Galp has announced it may build a second platform for gas in Mozambique. The announcement was made by an administrator, Thore Kristiansen (pictured), on Monday [...]
