EDP is to invest €3.5 million in a floating solar park on the Alqueva reservoir in the Alentejo. The platform will have 11,000 panels with an estimated production of 6,000 MWh, replicating an [...]
The Chinese takeover bid for Portugal’s electricity giant EDP failed on Wednesday. The decision by EDP shareholders and directors to maintain a 25% cap on voting rights meat that Chinese [...]
Flights in and out of Portuguese airports threatened to be grounded at midday on Wednesday because of a strike by fuel suppliers. Humberto Delgado Airport in Lisbon ran out of the aircraft fuel [...]
The Portuguese listed companies regulator CMVM has set a date limit for the proposed Public Acquisition Offer from the Chinese energy giant China Three Gorges for greater control of Portugal’s [...]
EDP Renewables has made a net profit of €300 million for 2018. The energy company led by Manso Neto and part of the Portuguese electricity giant Energias de Portugal which is part-owned by the [...]
The Spanish electrical energy producer Iberdrola which has interests in the Portuguese market saw profits soar 7.5% in 2018. Its net profits were €3Bn, up 7.5% on 2017, reflecting an improvement [...]
When it comes to renewable energy, Portugal has blazed a trail in Europe and the United States. But one Algarve-based company is taking digitalisation and solar energy to a whole new level, [...]