Tag Archives: Portugal

Portugal increases offshore wind power auction to 10 GW

The government is preparing a list of coastal locations and other technical aspects related to the auction.Portugal has increased the target of its first offshore wind power auction to 10 GW with the aim of accelerating the energy transition. Reuters reported that Environment Minister Duarte Cordeiro announced the decision this week. In June this year, … Continue reading Portugal increases offshore wind power auction to 10 GW

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Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal

Located in the Setúbal district and with an installed capacity of 27.35 MW, the photovoltaic plant is one of the seven projects awarded to the company in the 2019 auction.  Algeruz II will produce enough clean energy to supply more than 11,000 households and avoid the emission of 13,400 tonnes of CO2 per year.  Iberdrola … Continue reading Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal

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EDP’s pioneer floating solar power plant in Portugal ready

Located in the region of Alqueva, it is the largest floating solar park in Europe in a reservoir, and the second one built in Portugal, after EDP’s pilot project in Alto Rabagão; The energy generated by this plant, which has almost 12,000 photovoltaic panels, will supply more than 30% of the population in this region … Continue reading EDP’s pioneer floating solar power plant in Portugal ready

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Iberdrola inaugurates the Tâmega Gigabattery, the largest clean energy project in Portugal’s history

Iberdrola reaffirms its commitment to Portugal, where it will increase investments in the coming years to 3 billion euros for wind energy and solar plants. The Gigabattery, with an investment of more than 1.5 billion euros, will be able to produce 1,158 MW and store the energy consumed by 11 million people a day in … Continue reading Iberdrola inaugurates the Tâmega Gigabattery, the largest clean energy project in Portugal’s history

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RWE starts construction of a ground-mounted solar farm in Portugal

RWE is making good progress in expanding its solar business in Europe: having last year kicked-off the construction for two ground-mounted solar farms, and plans to start construction of another one in Spain this summer, the company is now realising a new photovoltaic (PV) project in Portugal. The solar farm with a planned capacity of … Continue reading RWE starts construction of a ground-mounted solar farm in Portugal

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Capital Energy and Shell sign an agreement to development of offshore wind energy projects in Spain and Portugal

Capital Energy, a Spanish energy company created two decades ago and whose vocation is to become the first vertically integrated 100% renewable operator on the Iberian Peninsula, and Shell have signed an agreement to analyze the joint development of projects in the offshore wind energy sector in Spain and Portugal. Leveraging their complementary skills and … Continue reading Capital Energy and Shell sign an agreement to development of offshore wind energy projects in Spain and Portugal

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EDPR awarded with grid connection in floating solar auction in Portugal

The company has achieved 70 MVA of grid connection capacity at Alqueva for a period of 15 years, which is expected to allow EDPR to install up to 154 MW of renewable capacity. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, was awarded 70 MVA of grid connection capacity at Alqueva in … Continue reading EDPR awarded with grid connection in floating solar auction in Portugal

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Vestas exceeds wind turbine orders by 1 GW of wind power in Portugal

Vestas has signed a 50 MW contract for the repowering of four wind farms to be located in the north of Portugal. The contract includes the supply and installation of eleven V150-4.5 MW wind turbines, as well as a 15-year Active Output Management 5000 (AOM 5000) service agreement. With these projects, Vestas reaches the milestone … Continue reading Vestas exceeds wind turbine orders by 1 GW of wind power in Portugal

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Portugal will auction between 3 and 4 GW of floating offshore wind energy

Portugal plans to carry out this summer its first auction of floating offshore wind power projects, with which it hopes to be able to produce between 3 and 4 gigawatts (GW) of energy in 2026, the Minister of the Environment and Energy Transition told Reuters. , Joao Matos Fernandes. Within the framework of the abandonment … Continue reading Portugal will auction between 3 and 4 GW of floating offshore wind energy

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Vestas secures first order for EnVentus wind turbines in Portugal

Vestas has received an order for 42 MW for several wind farms in Portugal. The contract includes the supply and installation of two 3.6 MW V162-6.2 MW, two V117-4.2 MW and six V126-3.45 MW wind turbines in operational mode, as well as an Active Output Management service contract 5000 (AOM 5000) of 15 years. “We … Continue reading Vestas secures first order for EnVentus wind turbines in Portugal

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Onex Renewables Closes Acquisition of 221MW Portuguese Wind Portfolio

Onex Renewables (Onex), the low-carbon subsidiary of privately led infrastructure investment group Onex Holding, has confirmed the closing of a 221MW Portuguese wind portfolio transaction. Onex appointed Exus Management Partners (Exus), leading experts in powering sustainable investments through operational excellence – across a 9GW global portfolio – to deliver expert support and strategic advice in … Continue reading Onex Renewables Closes Acquisition of 221MW Portuguese Wind Portfolio

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Enercon strengthens its presence in wind power in Portugal

Enercon strengthens its presence in wind power in Portugal. Maintaining its commitment to the quality of the workforce in Portugal, ENERCON will expand its presence in the country with the opening of an office in the city of Porto – ENERCON Business Shared Service Center. Renowned market leader, with 52% of wind energy installed in … Continue reading Enercon strengthens its presence in wind power in Portugal

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EDP and Repsol enter an agreement to implement renewable hydrogen projects in the Iberian Peninsula

This agreement focuses on the assessment of investment opportunities for the two companies in renewable hydrogen projects across Portugal and Spain. Sines, Asturias and the Basque Country are the first planned locations. EDP Renewables (EDPR), the fourth largest producer of renewable energy in the world, and Repsol, the multienergy company, leading the mobility and industrial … Continue reading EDP and Repsol enter an agreement to implement renewable hydrogen projects in the Iberian Peninsula

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EDP Renewables sells a wind energy portfolio located in Portugal

EDPR signs asset rotation deal of a 221 MW wind power portfolio for an enterprise value of 532 million euros. The company has completed the sale to Onex Renewables of a 100% equity stake in a wind portfolio located in Portugal. This transaction will contribute with 532 million euros of asset rotation proceeds and is … Continue reading EDP Renewables sells a wind energy portfolio located in Portugal

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Acciona will supply certified renewable electricity to Fnac Portugal

ACCIONA and Fnac Portugal are enhancing their collaboration in climate action and the Green Economy with the renewal of ACCIONA’s 100% renewable energy supply contract that serves Fnac’s 46 stores in Portugal. Under the contract, ACCIONA will provide Fnac Portugal with almost 13,000MWh of renewable capacity, certified with 100% Renewable Guarantees of Origin by the … Continue reading Acciona will supply certified renewable electricity to Fnac Portugal

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The EIB and the BIS grant EDP Renováveis € 112 million for 125 MW of wind energy

The wind farms are located in the districts of Coimbra and Guarda, in the west and north of the country. The European Investment Bank (EIB)  will provide €65 million and BPI an additional €47 million to EDP Renováveis S.A. (EDPR), one of the main producer of wind energy in the world, to finance the construction … Continue reading The EIB and the BIS grant EDP Renováveis € 112 million for 125 MW of wind energy

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The Iberian region as a hub for floating offshore wind energy

A new study launched today by EIT InnoEnergy shows that Spain and Portugal have unique competitive advantages and enormous potential for the region to become a leading global hub for floating offshore wind energy.The study, entitled “Iberia as a hub for technology development and industrial leadership in the field of floating wind offshore energy”, has … Continue reading The Iberian region as a hub for floating offshore wind energy

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Floating offshore wind energy could create 50,000 jobs in Spain and Portugal by 2030

A new study by EIT InnoEnergy shows that Spain and Portugal have unique competitive advantages and enormous potential for the region to become a leading global hub for floating offshore wind energy. The study, entitled ‘Iberia as a hub for technology development and industrial leadership in the field of floating wind offshore energy’, has been … Continue reading Floating offshore wind energy could create 50,000 jobs in Spain and Portugal by 2030

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Clean electricity made in Portugal will create jobs and lower consumers’ energy bills

WindEurope CEO Giles Dickson spoke at the Portugal Renewable Energy Summit organised by the Portuguese Renewable Energy Association (APREN).  He explained how Portugal could make the most out of the European Green Deal and Recovery Plan, and how more wind energy would benefit the country.  But he also said that Portugal could lose this opportunity … Continue reading Clean electricity made in Portugal will create jobs and lower consumers’ energy bills

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Iberdrola signs green loan with ICO to finance the installation of 2,500 public charging points in Spain and Portugal

The roll-out of the electric vehicle charging infrastructure by the company will reach 150,000 chargers over the next five years.Its mobility electrification plan also has the support of the European Commission via CEF Transport Blending Facility funds.ICO, an implementing partner of the CEF programme, helps Spanish companies to secure finance for projects that will contribute … Continue reading Iberdrola signs green loan with ICO to finance the installation of 2,500 public charging points in Spain and Portugal

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