HyOrc Corporation and PRIO BIO, S.A. have executed an exclusive commercial term sheet for the offtake of green methanol from HyOrc’s planned pilot production facility in Porto, Portugal. The agreement covers a period of 10 […]
The European Investment Bank (EIB) has extended a green loan of about €175 million to Iberdrola to support the construction and operation of two new onshore wind farms in northern Portugal. The project covers a […]
Portugal is exploring the possibility of establishing an electricity interconnection with Morocco, as part of a EUR400 million plan to enhance the operational security of its national power grid. The plan, recently announced by the […]
Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476 MW of power purchase agreements (PPAs) across five countries. This includes Amazon’s first PPA in Portugal, securing 219 MW from the Tâmega […]
Iberdrola has secured a production license from the Portuguese Directorate General for Energy and Geology for a wind farm in the Vila Real and Braga districts. The project has an installed capacity of 274 MW […]
RWE has signed a letter of support with the Port Authority of Setúbal to enhance the port’s infrastructure and support Portugal’s development of floating offshore wind energy. The agreement involves exploring the port’s potential as […]
FI Group Portugal has announced its support for six applications through a total financing of €90,555,270. The funding has been raised as part of government support for subsidising green hydrogen generation projects. The funding will […]
Under three power purchase agreements (PPAs), Spanish utility Iberdrola SA will supply renewable electricity to Vodafone in Germany, Portugal, and Spain. As per the terms of the three agreements, the UK-based telecoms operator will obtain […]
Greenvolt, a renewable energy firm, has teamed up with Bluefloat Energy to construct offshore wind projects off the coast of Portugal. The agreement will combine the local development and permission expertise of Greenvolt with the […]
IberBlue Wind, an offshore floating wind farm developer, has announced the development of two projects with 1.96 GW installed capacity off the shores of Spain and Portugal. The two plants, Juan Sebastián Elcano and Creoula, […]
Deutsche Bahn AG has ordered 60 hydrogen buses from Caetanobus in Portugal for its bus company DB Regio Bus, which aims to phase out diesel vehicles by 2038. A framework deal worth up to $42.4 […]
IberBlue Wind, Spanish-Portuguese offshore wind developer has announced its plans to establish a floating offshore wind farm in Portugal with an installed capacity of 990 MW. The facility named Botafogo will be built offshore from […]
Acciona Energía, a subsidiary of a Spanish infrastructure company Acciona, has signed a ten-year power purchase agreement (PPA) with Grupo Violas, a Portuguese firm. Under the PPA, Acciona Energía will supply 55,000 MWh of green […]
Iberdrola, a Spanish power utility, has received environmental permissions for the 1.2 GW Fernando Pessoa solar project in Portugal. The Fernando Pessoa project is said to be the fifth-largest solar photovoltaic plant in the world […]
Aquila Clean Energy EMEA, Aquila Capital’s European clean energy development platform, has raised finance for a EUR 1 billion construction facility with funding from the Invest EU programme. Over the next three years, the funding […]
Iberdrola, a Spanish energy company, has formally opened the hydroelectric storage project at Tâmega Gigabattery in Portugal. The 1.1 GW project was constructed over a period of eight years with an investment of more than […]
Iberdrola, a global electric utility company, and PepsiCo, an American food and beverage corporation, inked a long-term power purchase agreement (PPA) under which Iberdrola will supply 590 MW of solar power to Pepsico’s facilities in […]
As part of its energy transition strategy, Cepsa expects to invest between $7.8 billion and $8.9 billion in Spain and Portugal by 2030. From next year, the corporation will devote more than 60 per cent […]
In November 2016, four European countries – Germany, France, Spain and Portugal – and Morocco in north Africa signed a joint declaration to establish a roadmap for facilitating sustainable renewable electricity trade between the European […]
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