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 [...]
CorPower has constructed the world’s largest wave energy test-rig following an intense two-year project. The 45-tonne moving mass system, installed at CorPower’s Stockholm base, is capable of [...]
EDP Brasil has posted profits of €840 million Reais (€137M) for the first half of 2021. The amount was an increase of 65.3% like-for-like on 2020 (BRL508 million or €83.2million). The first half [...]
A former president of the American Chamber of Commerce in Portugal, Sofia Tenreiro, will join two other senior management figures at Portuguese energy company Galp who are to quit. Galp announced [...]
The wholesale price of electricity on the Iberian energy market has hit an all-time record, making electrical power costlier in Spain and Portugal than nearly anywhere else in Europe. On Tuesday, [...]
The Portuguese Government’s announcement that it would effectively interfere in fuel prices by fixing profit margins has stirred up a hornets’ nest with sector companies. The Minister for the [...]
