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Energiekontor issues a €15 million green bond for its European projects
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
Eco Wave Power Expands Global Presence Despite Rising Mid-Year Losses
With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.

Eco Wave Power completes installation of pilot project at the Port of Los Angeles

Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
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Exus Renewables secures key financing for Cibele solar plant in Portugal
Exus Renewables has secured financing for its 130MW Cibele solar plant in Portugal, with MUFG EMEA acting as sole lead arranger and exclusive financial partner.
Forestalia signs 10-year contract with Galp to refinance wind farm
Forestalia has signed a ten-year power purchase agreement with Galp Energia Espana to refinance a 42.7 MW wind farm in Aragon, securing stable revenues through coverage of 65% of its annual production.

Audax Renovables invests EUR17mn in a 21.88 MWp photovoltaic plant in Spain

Audax Renovables commits EUR17mn to a 21.88 MWp solar plant in Navalmoral de la Mata, targeting annual output of 42 GWh, backed by structured financing from the European Investment Bank.
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EDP Renovaveis sees profit drop 56% despite increase in wind power production
The renewable division of Energias de Portugal (EDP) reported a sharp decline in first-half net profit due to a marked reduction in gains from asset sales, while electricity production and revenue increased.
Eco Wave Power installs its first wave energy floaters at the Port of Los Angeles
Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.

Endesa posts 30% profit increase and warns over CNMC framework

Spanish energy group Endesa reports strong first-half profit growth but warns of insufficient incentives in the new grid remuneration framework proposed by the CNMC.
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Repsol faces sharp drop in half-year profit after Iberian power outage
Repsol's net profit fell to €603mn in the first half, impacted by oil market volatility and a massive power outage that disrupted its activities in Spain and Portugal.
Naturgy posts record half-year profit of €1.15bn following Iberian blackout
Spanish group Naturgy reports an unprecedented net profit, driven by rising electricity prices and increased use of its gas-fired power plants since the major Iberian grid outage.

Spanish lawmakers reject Pedro Sánchez’s plan to prevent major power outages

The Spanish Parliament has rejected a package of reforms aimed at preventing another major power outage, plunging the national energy sector into uncertainty and revealing the fragility of the government's majority.
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Galp Energia reports a 25% increase in net profit for Q2 2025
Portuguese group Galp Energia announced an adjusted net profit of €373 million for Q2 2025, a 25% increase from the previous year, driven by higher hydrocarbon production in Brazil.
Dstgroup injects €1.5mn into Gazelle Wind Power for offshore wind project in Portugal
Dstgroup, through its subsidiary dstventures, invests €1.5mn ($1.62mn) in Gazelle Wind Power and commits to building the structures for the Nau Azul project, marking progress for the floating wind industry in Portugal.

Eco Wave Power receives €2.45mn from EU to deploy wave energy

Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
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Subsea 7 secures sizeable subsea contract for Egyptian tie-back
The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.
Czech Republic hit by massive power outage disrupting the economy
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.

TotalEnergies sells 50% of its renewable assets in Portugal for €178.5mn

TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
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France Officially Launches Its First Floating Wind Farm in the Mediterranean
France officially commissions its first floating wind farm, consisting of three turbines with a combined capacity of 25 megawatts, introducing strategic technology in the Mediterranean, vital for national energy goals.
Spain and Portugal Strengthen Networks Following April Blackout
Madrid announces immediate energy storage measures while Lisbon secures its electrical grid, responding to the historic outage that affected the entire Iberian Peninsula in late April.
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India diversifies coking coal purchases, Australia retreats
Indonesia advances waste-to-energy incineration with support from SUS ENVIRONMENT
Hokkaido Gas readies 2027: LNG tender and volumes
India and Japan activate a hydrogen–ammonia corridor with 2030–2040 targets
Commonwealth Fusion Systems raises $863mn for its ARC fusion power plant
Tokyo Gas Invests in WindFloat Atlantic Floating Wind Farm
Tokyo Gas strengthens its collaboration with Ocean Winds by investing in the WindFloat Atlantic floating offshore wind project in Portugal, marking its first direct foray into this sector abroad.
Eco Wave Power launches Porto’s first industrial wave energy project
Eco Wave Power inaugurates its first wave energy project in Porto, Portugal, marking a milestone for renewable energies with the forthcoming opening of an underwater museum dedicated to this technology.
Projet énergie houlomotrice Porto

Accenture strengthens its net-zero infrastructure projects with BOSLAN

Accenture acquires BOSLAN to optimize net-zero infrastructure investments, strengthening its engineering project management capabilities for the global energy transition.
Accenture Bolsan
Engie raises its annual forecast despite falling electricity prices
Engie announces a net profit of 1.9 billion euros for the first half of 2024, revising upwards its annual forecasts thanks to the upturn in renewable activities.
Engie renforce ses énergies renouvelables
TotalEnergies acquires hydroelectric projects in Africa
TotalEnergies signs an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of **SN Power**, including interests in hydroelectric projects in Africa. This strategic transaction is designed to support the continent's energy transition.
centrale hydroélectrique de Bujagali, Ouganda

Madrid approves H2Med project for green hydrogen in Europe

Madrid authorizes the launch of the H2Med project, a green hydrogen pipeline between Barcelona and Marseille, scheduled for 2030. Enagas will lead the key developments.
Pipeline d'hydrogène
EDP triples second-quarter earnings
Energias de Portugal (EDP) tripled its second-quarter profit to €408 million, thanks to the surge in renewable energies.
Bénéfice EDP Renouvelables deuxième Trimestre
Eco Wave Power wins EDF Pulse award for its wave energy technology
Eco Wave Power, headed by Inna Braverman, wins the EDF Pulse 2024 award for its innovative wave energy technology, marking a significant advance in decentralized energy systems.
Innovation énergie des vagues

Heat intensifies competition on Mediterranean LNG markets

LNG prices in the Eastern Mediterranean are at a two-month high, surpassing those in the Western Mediterranean, as demand soars due to heat waves.
Compétition accrue LNG Méditerranée
Ocean Winds and Martifer announce partnership for park in Portugal
Ocean Winds and Martifer Renewables & Energy join forces to participate in Portugal's first tender for floating offshore wind farms, strengthening their position in the renewable energy market.
Splight Inc. raises $12M to use AI to reduce energy congestion
Splight Inc. obtains $12 million to develop its AI technology, reducing grid congestion and optimizing the integration of renewable energies.
Illustration de l'utilisation de l'IA dans l'éolien

Repsol: Earnings up 14% despite lower gas prices

Spanish energy group Repsol has announced a 14% rise in net profit for the first half of 2024, to €1.63 billion, despite falling oil and gas prices.
Repsol bénéfice hausse 14%
Portugal targets 93% renewable energy in electricity consumption by 2030
Portugal plans to achieve a 93% share of renewable energies in its electricity consumption by 2030, according to an updated draft of its energy and climate plan.
Portugal increases renewable energies carbon neutrality
Galp Energia reports improved quarterly results
Galp Energia reported a 16% rise in second-quarter adjusted net income, despite a 9% reduction in hydrocarbon production.
Une vue de la raffinerie de Galp Energia au Portugal

R.Power inaugurates a new 4.8MWp photovoltaic farm in Portugal

Polish developer R.Power has inaugurated a new 4.8 MWp photovoltaic farm in Serta, Portugal, strengthening its presence in the local market.
Expansion photovoltaïque au Portugal
Iberdrola Increases Photovoltaic Capacity in Portugal with Two Plants
Iberdrola inaugurates two photovoltaic plants in the Algarve, adding 37 MW to Portugal's energy capacity, enough to power 19,000 homes.
Croissance renouvelable au Portugal
Portugal: 51% renewable energy target by 2030
The Portuguese government is stepping up its climate ambitions, aiming to increase the share of renewable energies to 51% of final energy consumption by 2030, compared with the current target of 47%.

Germany: 100 TWh of green hydrogen imported via pipelines by 2035

A study reveals that Germany could import up to 100 TWh of green hydrogen per year via pipelines by 2035, meeting a significant proportion of its projected energy demand.
Importation d'hydrogène vert Allemagne
Poland calls for EU Hydrogen Bank auction reforms
Poland is calling for reform of the EU's renewable hydrogen auctions to ensure fair competition between member states, in the face of Spanish and Portuguese dominance.
Équité enchères hydrogène renouvelable UE
Cepsa and PreZero sign partnership for biomethane production
Cepsa and PreZero Spain are working together to develop biomethane plants, targeting an annual production capacity of 100GWh.
Partenariat biométhane décarbonisation Espagne
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