Portugal

BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer

The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.

TotalEnergies provides 610 GWh of renewable electricity to Data4 for its data centers in Spain

TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.

CNAT requests a three-year extension for Almaraz I and II

Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.
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Rondo Energy to deploy 100 MWh heat battery for HEINEKEN in Portugal

HEINEKEN, EDP, and Rondo Energy are deploying a 100 MWh industrial heat battery in Lisbon, providing renewable steam 24/7 using on-site solar power and the grid.

EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —

Siemens and RIC Energy join forces to accelerate renewable hydrogen in Spain

RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.
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Repsol posts 34% profit drop over nine months despite UK operations

The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.

Naturgy posts €1.67bn net profit and maintains full-year target

With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.
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Iberdrola to pay €1.7bn interim dividend to shareholders in January

Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.

Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.

Galp Energia posts 53% quarterly profit surge driven by gas and refining

Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.
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Voltalia posts 31% growth driven by booming services segment

Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.

Almaraz operators request extension beyond 2028

Endesa, Iberdrola and Naturgy have officially requested the Spanish government to delay the closure of the Almaraz nuclear power plant, originally scheduled for 2028, reigniting the debate on nuclear power's role in the national energy mix.

Altano Energy raises €81mn to develop five hybrid projects in Andalusia

Altano Energy secured €81mn ($85.7mn) to construct two onshore wind farms and three photovoltaic plants in southern Spain, reinforcing its multi-technology generation strategy.
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Brussels renews push to end daylight saving time over energy inefficiency

The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.

Janta Power raises $5.5mn to deploy 3D solar towers on industrial sites

US-based developer Janta Power secures funding to expand its vertical photovoltaic towers across data centres, airports, charging stations and critical infrastructure.

Galp aims to secure partner for Namibia’s Mopane field by end of 2025

Portuguese energy group Galp plans to finalise a strategic partnership for its offshore oil project Mopane in Namibia before the end of the year.
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Spain burns more gas after its blackout

Increased reliance on combined-cycle plants after the April 28 blackout pushed gas use for electricity up by about 37%, bringing total demand to 267.6 TWh and strengthening flows to France.

Floating solar market to hit $3.39bn by 2030 driven by land scarcity

The global floating solar panel market could triple by 2030, supported by energy demand and favourable regulations, according to the latest double-digit annual growth forecasts.

Masdar acquires Saeta for USD 1.4 billion and strengthens its presence in Europe

Masdar announces the acquisition of Saeta for USD 1.4 billion, including 745 MW of wind power assets and 1.6 GW of projects under development. This transaction strengthens Masdar's position in the Iberian market.

Spain increases its green hydrogen ambition to 12 GW by 2030

Spain is stepping up its green hydrogen strategy, with a new target of 12 GW of electrolysers by 2030, marking a turning point in its energy policy.

Private sector urges UN to triple renewable energies by 2030

Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
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Axpo inaugurates France’s largest rooftop solar power plant in Beauvais

Axpo, via its subsidiary Urbasolar, commissions a 12.8 MWp solar power plant in Beauvais. This project contributes to the acceleration of solar power generation in France.

Grenergy doubles Oasis de Atacama’s capacity with 1 GW of solar energy

Grenergy strengthens its Oasis de Atacama project by acquiring 1 GW of solar energy from Repsol and Ibereólica, thereby increasing its energy storage and production capacities.

Algeria compensates for Medgaz maintenance with higher LNG sales

Algeria is increasing its exports of liquefied natural gas (LNG) following maintenance work on the Medgaz pipeline, temporarily reducing flows to Spain while optimizing sales in the Mediterranean.
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Energy security depends on integrating renewable energies, says IEA

The rapid expansion of solar and wind power requires structural reforms to ensure their full integration into global power systems and avoid significant production losses.

EIB finances 17 solar power plants in Southern Europe with a €166 million loan

The European Investment Bank (EIB) is financing 17 new solar power plants in Spain, Italy and Portugal, with the aim of boosting energy security and reducing Europe's dependence on imported fossil fuels.

Spain invests heavily in green hydrogen for decarbonization

Spain is stepping up its development of green hydrogen with an investment of 1.2 billion euros. The aim is to boost production capacity to 11 GW of electrolyzers by 2030.
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BlackRock invests 12.5 billion in Naturgy, a key energy player in Madrid

BlackRock's acquisition of a 20% stake in Naturgy, a key energy company in Spain, raises crucial issues about the energy transition and the concentration of foreign ownership in strategic sectors. This dynamic deserves particular attention.

Spain on the road to Europe’s leading green hydrogen by 2030

Spain stands out as a European leader in green hydrogen, thanks to its abundant renewable resources and supportive policies. This article explores the funding initiatives and promising projects shaping its energy future.

Taxation of Chinese electric cars EU faces crucial trade dilemma

The debate over the taxation of Chinese electric cars is intensifying, with growing tensions between the European Union and China. Key players are calling for a negotiated solution to avoid a trade war harmful to both economies.
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Ampin and Sumitomo join forces to revolutionize renewable energy in India

Ampin Energy Transition and Sumitomo Corporation have launched a joint venture, Ampin C&I Power Pvt. Ltd. to develop renewable energy projects in India. This initiative aims to meet the growing demand for renewable energy, particularly solar and wind power.

Venezuela: political tensions and US sanctions impact oil prices

Recent US sanctions against Venezuelan officials aim to weaken support for Maduro's regime, while raising questions about the long-term impact on the country's oil sector and economic stability.

Eurowind Energy signs agreement for 11 solar projects in Portugal

Eurowind Energy signs an agreement to acquire 11 photovoltaic projects of 5 MW each in Portugal. These projects, located in the Aveiro district, are intended to almost double the company's photovoltaic capacity in the country.
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Ellomay Capital secures €110 million for its solar projects in Italy

Ellomay Capital signs a €110 million financing commitment with a European investor to support its solar portfolio in Italy, including projects in operation, under construction and ready for launch.

Q ENERGY starts 52 MWp solar project in Extremadura

Q ENERGY begins construction of a 52 MWp photovoltaic power plant in Spain, optimizing energy efficiency and involving local players in regional economic development.

Ingeteam wins 133 MW hydrogen project at German refinery

Ingeteam will supply the technology to produce 11,000 tonnes of green hydrogen per year at BP's Lingen refinery, marking a milestone in the sector.
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Envision invests USD 1 billion in Spain for an electrolyser plant

Envision Group invests $1 billion in Spain to build an electrolyser plant, aimed at strengthening the hydrogen value chain.

Teresa Ribera : Energy strategy and green transition in Brussels

Teresa Ribera, Spain's Minister of Ecology, could influence the European Commission's future energy policy. Her anti-nuclear, pro-renewable energy approach is provoking debate within the Union.