Tag Archives: Portugal

EDP Renovaveis expects to beat wind power capacity goal by 2020

Portuguese wind energy group EDP Renovaveis said on Wednesday it expected to exceed its 2020 goal for increasing capacity by more than 10 percent. EDPR, a subsidiary of EDP Energias de Portugal, also said in a presentation it had secured projects to add capacity of more than 1 gigawatt after 2020, adding that its growth … Continue reading EDP Renovaveis expects to beat wind power capacity goal by 2020

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EU supports breakthrough wind energy technology in Portugal with EUR 60 million

EU supports breakthrough wind energy technology in Portugal with EUR 60 million loan granted by the EIB under InnovFin to Windplus Portuguese company Windplus will receive a EUR 60 million loan under the InnovFin Energy Demonstration Project programme to install a floating wind farm off the coast of Portugal. Windplus is a subsidiary of EDP … Continue reading EU supports breakthrough wind energy technology in Portugal with EUR 60 million

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China Three Gorges launches $10.8 billion bid for EDP

China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest company EDP, offering a premium of just below 5 percent on the power firm’s closing stock price. The total value of the proposed deal is 9.07 billion euros ($10.83 billion), excluding a 23 percent stake already owned by … Continue reading China Three Gorges launches $10.8 billion bid for EDP

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Renewables fully meet Portugal’s power needs in March

APREN, the Portuguese Renewable Energy Association and ZERO, Sustainable Earth System Association, reported last week that Portugal’s renewable energy production in March 2018 exceeded the country’s consumption for the month.   According to data from REN (the Portuguese Transmission System Operator), the renewable electricity produced in March (4,812 GWh) exceeded the consumption of mainland Portugal … Continue reading Renewables fully meet Portugal’s power needs in March

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Portugal’s renewables exceeded electricity demand in March

Last month, electricity produced by mainland Portugal’s renewables exceeded demand, according to figures released by the country’s transmission system operator, Redes Energéticas Nacionais (REN). The figures for mainland Portugal show that in March 2018, electricity from renewable sources amounted to 4,812 GWh, accounting for 103.6 percent of consumption, which totalled 4,647 GWh. The announcement was … Continue reading Portugal’s renewables exceeded electricity demand in March

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Iberdrola awards maintenance of 4,425 MW wind capacity in the Iberian Peninsula for €110 million

Key tender winners were Vestas and Siemens Gamesa, together with Spanish companies Ingeteam, Tamoin and IM Future, and the Portuguese company Efacec. Strict criteria based on safety, technical expertise and commercial competitiveness were used for the award. Iberdrola, through its subsidiary Iberdrola Renovables Energía S.A.U, has concluded the tendering process for the maintenance of a … Continue reading Iberdrola awards maintenance of 4,425 MW wind capacity in the Iberian Peninsula for €110 million

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WindEurope discusses Clean Energy Package with Portuguese Secretary of State for Energy

WindEurope CEO Giles Dickson met with Portugal’s Secretary of State for Energy, Jorge Seguro Sanches, in Lisbon on 4 September. António Sá da Costa, President of the Portuguese Renewable Energy Association (APREN), also took part in the meeting. Portugal is one of the frontrunners in Europe’s energy transition, and currently has more than 5 GW … Continue reading WindEurope discusses Clean Energy Package with Portuguese Secretary of State for Energy

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Saeta Yield agrees to acquire Lestenergia from Grupo ACS for EUR 104 million

Saeta Yield has reached an agreement with ProCME, a Portuguese subsidiary of Grupo ACS, to acquire 100% of Lestenergia, a portfolio of 9 operating wind farms located in Portugal with a total installed capacity of 144MW. The total cash consideration for the acquisition is c. EUR 104 million (representing a total enterprise value of EUR … Continue reading Saeta Yield agrees to acquire Lestenergia from Grupo ACS for EUR 104 million

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Vestas strengthens research and development capabilities in Portugal

Vestas opens engineering design centre in Porto, Portugal, to further strengthen its global research and development setup, underlining its industry-leading investments in research and development. The centre will be responsible for developing core technology for Vestas’ product portfolio. The centre is part of Vestas’ existing research and development (R&D) setup, which includes sites in the … Continue reading Vestas strengthens research and development capabilities in Portugal

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International team seeks better picture of wind as it moves over rugged terrain

Machines have invaded a windswept rural valley in eastern Portugal. Squat white containers stare at the hillsides, sweeping lasers across the eucalyptus-studded slopes, and towers bristling with scientific instruments soar 100 meters into the air. Their international team of minders will spend the next five months measuring nearly everything it can about the wind that … Continue reading International team seeks better picture of wind as it moves over rugged terrain

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Senvion announces framework agreement for up to 216 MW in Portugal

Senvion, a leading global manufacturer of wind turbines, has announced the signature of a framework contract with EDP Renewables in Portugal totaling up to 216 megawatts (MW). The agreement will include wind turbines from the Senvion MM and 3.XM series and the contract is valid until the end of 2019. This framework contract also includes … Continue reading Senvion announces framework agreement for up to 216 MW in Portugal

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Portugal runs on renewable energy for four days

For 107 hours, the country of ten million powered itself with solar, wind, hydro and nuclear power. James Watson, the CEO of SolarPower Europe said Portugal’s achievement was a sign of things to come. “This is a significant achievement for a European country, but what seems extraordinary today will be commonplace in Europe in just … Continue reading Portugal runs on renewable energy for four days

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Mitsubishi Corporation: Participating in floating offshore wind farm project in Portugal

Mitsubishi Corporation (MC) and Chiyoda Corporation (Chiyoda) are pleased to announce that MC (through its subsidiary Diamond Generating Europe), Chiyoda (through its subsidiary Chiyoda Generating Europe), EDP Renewables, Repsol, and Engie have agreed to participate in floating offshore wind farm project in Portugal (WindFloat Atlantic Project), by acquiring a stake in Windplus, S.A., the project … Continue reading Mitsubishi Corporation: Participating in floating offshore wind farm project in Portugal

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Portuguese floating wind farm

EDP Renewables (EDPR), Mitsubishi (through its subsidiary Diamond Generating Europe), Chiyoda (through its subsidiary Chiyoda Generating Europe), Engie and Repsol entered into an agreement to implement a floating offshore wind farm off the coast of Northern Portugal, known as the WindFloat Atlantic (WFA) project. The project, located 20km off the Portuguese coast at Viana do … Continue reading Portuguese floating wind farm

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Enel Green Power will exit the Portuguese renewables market

Enel Green Power S.p.A. (“EGP”) announced today that its subsidiary Enel Green Power España, S.L. (“EGPE”) has signed an agreement with Portuguese company First State Wind Energy Investments S.A. (“First State Wind Energy Investments”), for the sale of the entire share capital of Finerge Gestão de Projectos Energéticos, S.A. (“Finerge”), a wholly-owned EGPE subsidiary active … Continue reading Enel Green Power will exit the Portuguese renewables market

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Wind power in Portugal: EDF Energies Nouvelles completes extensions to two wind farms

EDF Energies Nouvelles is announcing the commissioning of additional capacity at the Arada-Montemuro (9.2 MW) and São Pedro (2 MW) wind farms in Portugal. These extensions have increased the combined capacity of these two facilities to 133 MW.   Originally commissioned in 2008, the Arada-Montemuro wind farm in central Portugal has now been extended by … Continue reading Wind power in Portugal: EDF Energies Nouvelles completes extensions to two wind farms

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Wind energy in Portugal: wind farm project attracts investors

Ventinveste, a consortium of Portugal’s major energy and engineering companies, and Ferrostaal GmbH, the international project developer with investments worldwide, today announced that 220 million Euros of investment has been secured for a new wind farm project located in the North and central Portugal. Project Âncora will consist of four wind farms with a total … Continue reading Wind energy in Portugal: wind farm project attracts investors

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Wind power in Portugal: Senvion wins 172 megawatts wind energy order for wind farm

Senvion SE, a wholly owned subsidiary of the Suzlon Group, the world’s fifth-largest wind turbine manufacturer, has concluded a turnkey contract with Âncora Wind – Energia Eólica, S.A. for the delivery and installation of 84 wind turbines with a total rated power of 171.6 megawatts (MW) for five wind farms in Portugal. Project sponsors are … Continue reading Wind power in Portugal: Senvion wins 172 megawatts wind energy order for wind farm

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Wind energy in Portugal: Gamesa to install wind turbines in a 50-MW wind farm

Gamesa will install eight G97-2.0 MW and 17 G114-2.0 MW wind turbines in the Pisco wind farm being built in the north of the country. Gamesa, a global technology leader in wind energy, has signed an agreement with wind farm developer and operator Exus Management Partners for the turnkey construction of a 50 MW facility … Continue reading Wind energy in Portugal: Gamesa to install wind turbines in a 50-MW wind farm

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Wind power meet 25% of August electricity demand in Portugal

The meteorological conditions in August proved favourable to renewable energy production that correspondingly accounted for 40% of monthly energy consumption according to figures released by REN, the national grid operator, on Monday.   Wind power was able to outstrip average August production by 5% whilst solar power production for the first time ever accounted for … Continue reading Wind power meet 25% of August electricity demand in Portugal

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