Tag Archives: Portugal

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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Iberdrola strengthens commitment to Portugal with the latest photovoltaic auction

The company will operate in Portugal 1,158 MW hydroelectric technology, 255 MW photovoltaic, 14 MW battery storage and 92 MW of existing wind power capacity. Iberdrola showcases its competitiveness in Europe’s latest renewable capacity auctions: in Greece the company was recently awarded nearly 100 MW of new wind power capacity. Iberdrola reinforces its commitment to … Continue reading Iberdrola strengthens commitment to Portugal with the latest photovoltaic auction

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Portuguese tender’s preliminary results show positive outcome for Enel

Endesa Generación Portugal, subsidiary of Enel’s Spanish company Endesa, was awarded the right to connect 99 MW of a new solar + storage project to the national grid under a 15-year contract with the country’s National Electrical System.The investment will amount to around 90 million euros for the construction of the project, which will be … Continue reading Portuguese tender’s preliminary results show positive outcome for Enel

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Full power at first floating wind energy project in continental Europe

MHI Vestas Offshore Wind confirms that the final of three V164 8.4 MW wind turbines is now generating power to the Portuguese grid. The third and final V164-8.4 MW wind turbine installed on Principle Power’s semi-submersible WindFloat floating platform has now completed testing at the WindFloat Atlantic project site, and is generating clean, renewable wind … Continue reading Full power at first floating wind energy project in continental Europe

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The first floating wind farm in continental Europe is now fully operational

The last platform of WindFloat Atlantic has been connected to the grid and the windfarm has been fully commissioned.The three units are now supplying the Portuguese electrical grid with the energy generated by their 8.4 MW wind turbines, the world’s largest turbines ever installed on a floating platform.The commissioning of this floating wind farm is … Continue reading The first floating wind farm in continental Europe is now fully operational

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Portugal solar auction could lead to first Concentrated Solar Power plant

Value-based bidding, favorable site conditions and Spanish engineering has carved a fresh opening for Concentrated Solar Power build, market experts told Reuters Events. Portugal launched its delayed second solar auction last month, tendering for 700 MW of new capacity across 12 sites in Southern Portugal. For the first time, the auction includes a new solar … Continue reading Portugal solar auction could lead to first Concentrated Solar Power plant

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Clarification on Public Prosecutor measures regarding EDPR Board members

EDP Renováveis, S.A. (“EDPR”) is providing the following information to the market and to the public in general: In the context of a judicial procedure undergoing related to the activity of EDP – Energias de Portugal (“EDP”), which holds an 82.6% shareholding in EDPR, EDPR’s Chairman of the Board of Directors, Mr. António Mexia, and … Continue reading Clarification on Public Prosecutor measures regarding EDPR Board members

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Final wind turbine sails to WindFloat Atlantic project site for installation

MHI Vestas confirms that the final V164-8.4 MW wind turbine atop Principle Power’s semi-submersible WindFloat Foundation has left the quay in Northern Spain and is sailing toward the project site. When the final wind turbine arrives at its destination after a 250 km journey, WindFloat Atlantic will consist of three V164-8.4 MW wind turbines – … Continue reading Final wind turbine sails to WindFloat Atlantic project site for installation

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The last platform of the world’s first semi-submersible floating wind farm sets sail

The wind energy platform will travel from the Galician city of Ferrol to its final location, 20 kilometers from the coast of Portugal.The two previous platforms – which also house the world’s largest offshore wind turbine on floating foundations – are already fully installed in the wind farm and provide power to the Portuguese electricity … Continue reading The last platform of the world’s first semi-submersible floating wind farm sets sail

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Wind energy in Portugal already generates 26% of electricity

In Portugal, renewables represent two thirds of all the generation capacity installed in the country. The first technology is hydroelectric, which accounts for 37% of all capacity, followed by wind power with 26%. The photovoltaic solar has a somewhat more testimonial role with a share of 1.6%. Portugal’s starting point, in the face of the … Continue reading Wind energy in Portugal already generates 26% of electricity

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WindFloat Atlantic project starts supplying wind energy in Portugal

The first platform of the WindFloat Atlantic wind farm, after being successfully connected on 31st December, is able to supply to the grid in Portugal the energy generated by its 8,4 MW wind turbine, the world’s largest installed on a floating platform.  The commissioning of this floating wind farm contributes towards the diversification of energy … Continue reading WindFloat Atlantic project starts supplying wind energy in Portugal

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The second platform of the WindFloat Atlantic wind energy project starts from Ferrol to Viana do Castelo

WindFloat Atlantic takes another important step towards its start-up. The second of the three platforms with an already installed wind turbine that make up this project has departed from the port of Ferrol towards its final destination, 20 kilometers off the coast of Viana do Castelo in Portugal. Once the crossing is completed, it will … Continue reading The second platform of the WindFloat Atlantic wind energy project starts from Ferrol to Viana do Castelo

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European Bank finances wind energy in Portugal

The European Investment Bank (EIB) provided 45 million euros to the Eólica da Linha company, to build three wind farms in Portugal, according to a report available today at the bank’s website. The project, co-financed by the Portuguese Research Bank (BPI), has a total capacity of 96 megawatts (MW) in the north and west of … Continue reading European Bank finances wind energy in Portugal

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EIB supports wind energy in Portugal by financing three EDPR wind farms

In detail, the project consists of 31 wind turbines of two different unit size (2 MW and 3.6 MW). Each wind farm is connected to the medium voltage (MV) network. Electrical equipment such as internal array cabling, transformers (LV/MV) and civil works (foundations, access and internal roads) are included in the scope of the project. The … Continue reading EIB supports wind energy in Portugal by financing three EDPR wind farms

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