Renewables

Ocean Winds, held by EDP Renováveis and French energy company Engie, has won an auction to undertake a wind farm energy project off the Central Coast of California for US$150 million. The lease [...]

From the end of this month CorPower Ocean will begin generating electricity from waves off the Portuguese coast. Energy companies Galp, EDPm Shell and even IKEA are said to be interested in the [...]

Solar panels company Otovo has entered the Portuguese market. The Norwegian company doubled its worldwide sales to around €17 million in the third quarter of 2022. The company installs solar [...]

Portugal’s renewable energy company GreenVolt has received its first rating from a ratings agency. The company led by João Manso Neto got a BBB investment grade rating from European ratings [...]

The Portuguese Environment Agency (APA) has given the green light for a large solar park project for Cercal in the Alentejo. The project from Aquila Clean Energy was passed after the company [...]

The subscription period for new shares which were issued to raise capital for renewables energy company GreenVolt from June 20 ended today. (Monday, 4 July) The capital raise is for [...]

Portugal’s petroleum and gas company Galp says it has ambitions to be a leader in green hydrogen by 2030. The statement was made at the Electric Summit in Lisbon on 8 June by the company’s CEO, [...]

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 [...]

CorPower Ocean has unveiled its CorPower C4, its first commercial scale Wave Energy Converter (WEC) and CorPack clusters — the building blocks for utility scale wave farms. The new CorPower C4 [...]

Portugal was the fourth county in Europe which most used renewable energy in electricity production in Europe between January and May with a new record achieved in Portugal. Solar energy [...]