Portugal’s multinational energy provider EDP achieved a net result of €946 million, an 83% increase on the same period last year when it posted a €518 million result. According to EDP, the [...]
In the coming days, Portugal is preparing to launch a call for ‘demonstrations of interest’ for parties wanting to build offshore wind farms off its Atlantic coast. In this first auction round, [...]
Spanish company Capital Energy, the first 100% renewable vertically integrated electricity firm on the Iberian peninsula, has submitted three offshore wind energy projects in Portugal for an [...]
A disastrous investors ‘no show’ at a renewables energy auction in the UK on Friday is sounding alarm bells for the Portuguese government that has invested heavily in its own offshore wind [...]
Independent energy producer BNZ that develops, builds, and operates solar photovoltaic projects in Southern Europe, particularly Portugal and Spain, is to invest €450 million in Portugal with [...]
The CEO of Portugal’s energy giant EDP, Miguel Stilwell has promised a record investment in EDP Brasil to the tune of €6Bn to 2028. The EDP CEO and new chairman of EDP Brasil following the IPO [...]
Portugal’s energy giant Galp Energia saw petroleum production tumble in the second quarter of the year and its oil refining margins fall by over 50% on the same period because of the falling [...]
Portugal’s energy giant EDP plans to reduce its interests in Brazil from is current 25% in EDP Brasil to 14% by 2026 according to the company’s new strategy plan to 2026. EDP’s focus will now be [...]
Despite a slowdown in inflation on the prices of goods and services in Portugal, food prices continue to be high at 23% above the average price levels of 2021. According to Portugal’s national [...]
The president of the Portuguese Agency for Energy has asked Brussels to urgently release new funds from the Recovery and Resilience Fund for energy sector projects. The President of ADENE, Nelson [...]