Eolic Offshore Wind Farms

The Danish renewables company Orsted has pulled out of the offshore wind energy auction in Portugal. The company withdrew as it reported devastating financial losses of €2.7Bn for 2023 and [...]

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 [...]

Renewable energy sources such as wind, solar and hydroelectricity will increasingly become an inevitable part of global energy supply as economies move away from fossil fuel dependency. Essential [...]

The Danish green energy company Vestas, which produces eolic wind turbines, is to beef up its operations in Portugal according to the online news site ECO. This time in the area of engineering [...]

Iberia will strengthen its case as a world-leading hub for floating offshore wind as energy sector heavyweights descend on the Portuguese capital to direct the region’s future roadmap. Leaders [...]

EDP Renovavéis (EDPR) — the renewables arm pf Energias de Portugal (EDP) — has sold its entire wind portfolio in Spain to China Three Gorges for €328 million. China Three Gorges is the Chinese [...]

Portugal’s energy giant EDP is to invest €1.5Bn in offshore wind energy. It will do this through Ocean Winds to provide up to 17 GW of reenable capacity in the ocean. According to the news agency [...]