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Naked Energy expands solar thermal operations to Spain and Portugal

British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.

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.

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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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.

EDP deploys 10 MWc solar park in Italy combined with livestock activity

EDP has commissioned a solar power plant in Salerno integrating livestock farming, with a capacity of 10 MWc and an annual output of 17 GWh, marking the launch of a hybrid model to be replicated in France and Germany.

EDP secures Australian contracts for 1.7 GW solar and battery projects

EDP will accelerate two major solar projects in Australia after securing government-backed contracts under the Capacity Investment Scheme.
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Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

April blackout in Spain and Portugal caused by unprecedented power surge

The blackout that hit the Iberian Peninsula in April originated from a series of unprecedented surges. The European report points to a sequence of technical failures but does not yet identify a primary cause.

Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank

Iberdrola strengthens its partnership with Norges Bank Investment Management by adding two Spanish photovoltaic plants, raising joint operational capacity to 900 MW.
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France, Spain and Portugal seek to speed up electricity interconnectors

The three countries will hold a meeting in October to unlock interconnector projects, following a major blackout that exposed the fragility of the Iberian Peninsula’s electricity integration.

H2med Alliance expands to 49 members with reinforced political support

Meeting in Berlin, the H2med Alliance formalised the integration of 40 new industrial members and received increased government backing to accelerate the development of Europe's hydrogen corridor.

EDP sells 121 MW wind portfolio to Amundi for €200mn

EDP Renováveis has completed the sale of twelve operational wind farms in France and Belgium to Amundi Transition Energétique for an enterprise value of €200mn ($215mn).
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Petrobras takes 27.5% stake in Block 4 offshore São Tomé with Shell and Galp

The Brazilian company expands its African footprint with a new offshore exploration stake, partnering with Shell and Galp to develop São Tomé and Príncipe’s Block 4.

European Union targets eight bottlenecks to secure its power grid

The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.

Spanish operators warn of saturation in national power grid

Spanish electricity companies call for urgent reinforcement of investments after finding more than 80% of the transmission grid is saturated.
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Savannah postpones Portugal lithium mine startup to 2028

The Barroso project, considered strategic for the European Union, faces a new delay due to administrative setbacks involving a pending land easement approval.

Five new projects obtain CB RES status and join the Commission list

Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.

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.
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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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Lula advocates for unconstrained fossil fuel phase-out amid tensions at COP30
Datang launches green hydrogen complex at Duolun integrated into coal-to-chemicals
Blackstone injects $1.2bn into West Virginia’s first natural gas power plant
EDF expands access to nuclear contracts in response to regulatory changes

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

Cepsa and the EIB invest €285 million in biofuels in Andalusia

The European Investment Bank (EIB) and Cepsa sign a €285 million loan to finance a biofuels plant in Andalusia. This initiative aims to produce sustainable fuels from organic waste, supporting the circular economy and the decarbonization of transport.
'usine de biocarburants en construction à Palos de la Frontera.

Historic agreement between Spain and France for a Hydrogen Pipeline

Spain and France have signed an agreement to develop BarMar, a €2.5 billion undersea hydrogen pipeline.
Pipeline sous-marin d'hydrogène BarMar

EU invests €2.967 billion to modernize energy systems in 10 countries

The European Commission is allocating nearly 3 billion euros to support 39 energy projects in 10 member states, aimed at modernizing infrastructures and reducing CO2 emissions.
Modernisation systèmes énergétiques
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