LISBON : Portugal’s first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the government announced a public hearing to propose five areas off the Atlantic […]
Portugal’s Galp pays 140 million euros to get full ownership of Titan Solar – EQ Mag Pro
MADRID : Portugal’s Galp Energia has bought the 24.99% it does not already own of Titan Solar, a renewable energy joint venture created with Spanish engineering firm ACS in 2020, the company said in a statement on Thursday. Galp bought the stake for 140 million euros ($142.5 million) from Cobra, an ACS unit that was […]
Portugal’s EDP Eyes Sale of Up to Three Renewable Asset Portfolios
In line with a global effort to cut planet-warming carbon emissions, Portugal’s largest utility said earlier this year it wanted to abandon coal-fired power generation by 2025 and produce energy only from renewable sources by the end of the decade. MADRID/LONDON: EDP-Energias de Portugal is preparing to sell up to three portfolios of renewable energy […]
Portugal’s Galp Moves to Green Hydrogen At Refinery, Eyes $1.2 Bln Investment
Portugal’s Galp Energia plans to install a 100-megawatt electrolyzer to power its refinery in Sines with green hydrogen by 2025, a project which could be expanded to up to 1,000 MW and be worth 1 billion euros ($1.21 billion), Chief Executive Andy Brown said on Monda Portugal’s Galp Energia plans to install a 100-megawatt electrolyzer […]
