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Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
The French operator RTE is investing nearly one billion euros to acquire 5,000 km of underground cables from five European cable suppliers to modernize and strengthen its high-voltage electricity network.
The French operator RTE is investing nearly one billion euros to acquire 5,000 km of underground cables from five European cable suppliers to modernize and strengthen its high-voltage electricity network.
Galp has launched a new drilling phase to assess the potential of Mopane, off the coast of Namibia, marking a turning point for the development of what could become the country’s largest oil discovery.
Galp has launched a new drilling phase to assess the potential of Mopane, off the coast of Namibia, marking a turning point for the development of what could become the country’s largest oil discovery.
Eletrobras and Ocean Winds have signed an agreement to explore the potential of offshore wind energy in Brazil, aiming to develop this new renewable energy source to meet the growing demand for clean energy.
Eletrobras and Ocean Winds have signed an agreement to explore the potential of offshore wind energy in Brazil, aiming to develop this new renewable energy source to meet the growing demand for clean energy.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
Akuo inaugurates the Santas solar power plant, one of the largest in Portugal, with 181 MWp capacity, supplying more than 100,000 households and reducing CO2 emissions by 70,000 tons per year.
Akuo inaugurates the Santas solar power plant, one of the largest in Portugal, with 181 MWp capacity, supplying more than 100,000 households and reducing CO2 emissions by 70,000 tons per year.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
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.
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.
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.
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.

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