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Portugal’s Galp sees further pandemic damage, Q3 recovery still uncertain

The company said recovery relied on a number of factors, including government policies, the impact of the pandemic on the wider economy and supply and demand for oil LISBON: Portugal’s Galp Energia said on Monday the collapse in demand caused by the coronavirus pandemic was set to further impact its performance in the second quarter […]

400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro

Portugal: COP 25 – Climate change – EIB supports clean energy by financing three EDP Renewables wind farms

The EU bank supports the construction of three wind farms with a total capacity of 96MW in the North and West of Portugal First energy project signed in Portugal since the approval, of the new EIB Energy Lending Policy in November 240 jobs created during the implementation phase During COP 25, the 25th annual Conference […]

400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro

8 Countries (Besides the US) With Solar Under $25 per Megawatt-Hour

Around the world, solar power price records just keep on coming. One of the biggest U.S. solar stories of the summer was developer 8minute’s pricing record of $19.97 per megawatt-hour for a Los Angeles project. The project, which looks set to go ahead following initial union resistance, remains a relatively rare public example of sub-$25 […]

Rise in module, steel and freight costs to hit 5 GW solar capacity under implementation: Crisil – EQ Mag Pro

Portugal’s Galp ups investment plan, seeks more renewable energy, natgas

The oil company’s chief executive, Carlos Nuno Gomes da Silva, said on Tuesday it would invest 10-15% of the total in new renewable energy, most of it to harness solar power, although not ruling out wind power and other technologies. Lisbon : Portugal’s Galp Energia earmarked between 1 billion euros ($1.11 billion) and 1.2 billion […]

400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro

Portugal to launch huge solar energy auction next week

The soon-to-be auctioned solar energy represents more than double the country’s current capacity, which is just over 600 MW, with the government aiming to reach approximately 9,000 MW of this renewable energy by 2027 LISBON: With interest from European and Asian investors, Portugal is set to launch an international mega-auction of solar energy next week, […]

400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro

Exide’s Portuguese lead acid battery factory to be powered by its own PV-plus-storage

Portugal’s EDP has inked a deal for its largest PV project to date, a 3.8MWp solar-plus-storage duo it will develop for lead acid battery and storage system maker Exide Technologies. The agreement signed this week will see EDP deploy and run two PV installations powering Exide’s industrial units in Castanheira do Ribatejo and Azambuja, some […]

Future energy needs storage push today – EQ Mag Pro

Exide Announces Groundbreaking Solar Installations in Portugal

Official contract signing involving Exide’s Stefan St?bing and EDP’s Vera Pinto Pereira GENNEVILLIERS, France: Exide Technologies (www.exide.com), a global provider of stored energy solutions for the automotive and industrial markets, is announcing two new photovoltaic installations with a total capacity of 3.8 MWp in Portugal. These will be situated at Exide’s production facility in Castanheira […]

400 GW wind, and solar power per year to meet 1.5 C Paris Agreement – EQ Mag Pro