After securing a private placement of €9 million, CorPower has extended its equity funding to €20.3 million, for the commercial scale demonstration of its wave energy technology. The investment [...]
EDP Renováveis, the renewables arm of the Portuguese electrical power giant EDP, is to press ahead with a capital call to finance its expansion over the next few years. In a communiqué sent to [...]
In a presentation of EDP’s strategic plan for 2021-2025, the Portuguese energy giant’s CEO, Miguel Stilwell de Andrade said the company expects to be totally coal-free by 2025 and all green by [...]
The Spanish energy company Endesa notched up over €1.3Bn in profits for 2020, eight times greater than the €171Bn profits the year before. Last year’s profits were down because of the expected [...]
Portugal’s Recovery and Resilience Plan involves 36 reforms and 77 investments in areas including measures to tackle climate change and promote digital transition. The amount of investment [...]
The alternative energy company, EDP Renováveis, part of the Portuguese EDP Group, is to develop four hybrid energy solar and wind farms in Spain in a trend that the company wants to replicate in [...]
Miguel Stilwell de Andrade is to assume the posts of EDP chef executive and chef executive of EDP Renováveis. Rui Teixeira, until now interim CEO of EDP Renováveis, will be the chief financial [...]
Andy Brown will be the new CEO of Portugal’s oil and gas giant Galp Energia after spending 35 years with Shell. He will be the man responsible for Galp’s forthcoming energy transition to cleaner, [...]
The Portuguese energy company Galp is in negotiations to sell refined lithium to the Swedish company Northvolt. Financed by the European Investment Bank (EIB), the Swedish firm is to build [...]
The Portuguese postal service company CTT is piloting a ecological bicycle project using bikes from the Dutch brand Urban Arrow. Distributed by The Fietsen Shop, the idea of the project, which is [...]
