Spain

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.

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. —
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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.

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.
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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.

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.
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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.

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.
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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.

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.
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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.

Repsol deploys intelligent agent platform to automate workflows

Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.
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European airlines pressure Brussels over shortage of sustainable fuels

Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.

Enagás in talks to acquire GIC’s stake in French gas transporter Terega

Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.

The European Union must invest €1.871 trillion to modernise its power grids by 2050

The European Court of Auditors warns of the urgency of massive investments in the Union’s ageing power grids, hampered by administrative delays and inadequate planning.

Washington ends oil licences in Venezuela to increase pressure on Maduro

The United States has cancelled oil operation authorisations in Venezuela for foreign companies, disrupting exports and reinforcing the country's economic isolation following Nicolás Maduro's contested re-election.

Repsol seeks to maintain operations in Venezuela despite US licence revocation

Repsol’s Chief Executive said the company is exploring options with US authorities to remain active in Venezuela following Washington’s decision to end sanctions waivers.
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Siemens Gamesa sells 90% of its wind operations in India to TPG

The Spanish group transfers the majority of its operations in India and Sri Lanka to a consortium led by TPG, creating a new entity focused on onshore wind.

Washington grants Chevron reprieve in Venezuela despite Trump’s tariff warning

US authorities have extended Chevron’s temporary licence to operate in Venezuela until 27 May, despite Donald Trump’s warnings of tariffs on imports from countries trading with Caracas.

Masdar injects €184 million into four Spanish solar plants alongside Endesa

Masdar has signed an agreement with Endesa to acquire a 49.99% stake in four solar plants in Spain, valued at €368 million, consolidating its presence in one of the European Union’s main solar markets.
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Crowley and Naturgy launch LNG supply between the United States and Puerto Rico

Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.

France authorises the reuse of wastewater in industry and nuclear sectors

The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.

Morocco: Six green hydrogen projects approved for $32.5 billion

The Moroccan government has selected six green hydrogen projects, representing an investment of 319 billion dirhams ($32.5 billion). These initiatives involve international consortia and align with the country's strategy to develop this sector.
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Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe

Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.

Spain maintains its nuclear phase-out plan despite calls for extension

Spain remains committed to its strategy of shutting down nuclear power plants by 2035, despite growing pressure from economic and political actors advocating for an extension, citing energy and economic concerns.

The United Kingdom considers a new tax system to replace the oil superprofits tax

The United Kingdom is exploring the implementation of a new tax system for oil and gas producers to replace the superprofits tax, set to end in 2030.
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La Caixa acquires 5% stake in Veolia, becoming strategic investor

Spanish banking group La Caixa takes a 5% stake in Veolia, becoming a strategic investor in the French environmental services giant. The collaboration aims to support Veolia's development plan.

HRS wins order for 4-tonne/day hydrogen station in Europe

Manufacturer HRS has signed a contract to provide a hydrogen refuelling station with a capacity of 4 tonnes per day, designed for public transport. This project will mark a first in Europe for infrastructure of this scale.

EDP reports a 16% drop in annual profit, impacted by renewables

Portuguese group Energias de Portugal (EDP) announces a 16% decrease in its 2024 annual profit, affected by disappointing performance in its renewable energy subsidiary, particularly due to the abandonment of wind projects.
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Iberdrola posts record profit of €5.61 billion in 2024

Iberdrola achieved a record net profit of €5.61 billion in 2024, a 17% increase over 2022, driven by asset sales and increased investment in renewable energy.

Risen achieves 30.99% efficiency with its HJT-perovskite tandem solar cells

Risen has reached a milestone with 30.99% efficiency using its HJT-perovskite tandem solar cells, marking a major advancement in solar panel performance and durability.

European gas price volatility: a persistent challenge for competitiveness and cost of living

The European gas market is experiencing a period of volatility in 2025, with prices reaching their highest level in two years, adding pressure on businesses, consumers, and governments.
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Lightsource bp signs 10 power purchase agreements totalling 1.3 GW in 2024

Lightsource bp has signed 10 power purchase agreements in 2024, representing 1.3 gigawatts of capacity, spanning Europe, the Americas, and the Asia-Pacific region.

Naturgy sees its net profit drop by 4.3% in 2024 due to weak gas prices

Spanish energy group Naturgy reports a 4.3% decrease in net profit for 2024, impacted by weak gas prices, despite results surpassing initial expectations.