Renewables

The top brass at Portuguese renewables company Greenvolt have called bondholders who bought bonds in two issues (2022-2027 and 2021-2028) to two meetings of its general assembly on May 14 to [...]

Finerge, a green energy supplier based near Porto in Portugal and Madrid in Spain, has signed a contract to acquire eight wind farms that are operational in Portugal from the UK’s Guild [...]

The boss of a Portuguese renewable energy association says pledges by the previous government to hold an auction to sell offshore wind farm exploration rights by June are “unrealistic”. Pedro [...]

The Lisbon-based special purpose investment vehicle GVK Omega created by the fund KKR to acquire Greenvolt and take it off the stock market, has instructed Mediobanca to buy shares in the [...]

Renewables energy company Greenvolt posted a net result of €1.2 million for 2023, a fall of 92.9% according to a note sent to the Portuguese securities market commission CMVM this week. The [...]

Portugal’s high tax system could make it difficult for the energy company Galp to invest in decarbonising the oil refinery at Sines and develop a lithium refinery. The company says that the [...]

CorPower Ocean’s C4 Wave Energy Converter (WEC) has completed the first cycle of the ocean commissioning program at the Agucadoura site in northern Portugal. Now proven at commercial scale, [...]

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 [...]

Portugal’s energy giant Galp and the US renewables company Powin have signed a partnership agreement to install an energy storage system using large-scale batteries at one of its solar parks in [...]

Octopus Energy Group, a British energy supply company that provides 100% green energy to around 5 million UK homes and businesses, is to invest around €100 million in the Portuguese market in [...]