Portugal

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.

Iberdrola secures €2.5bn credit line from 32 international banks

Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.

The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator

The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
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Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca

Carbon2Nature, a subsidiary of Iberdrola, partners with law firm Uría Menéndez on a 90-hectare reforestation project in Sierra de Francia, targeting carbon footprint compensation for the legal sector.

Lhyfe successfully completes first green hydrogen combustion tests in Spain

French company Lhyfe has carried out its first successful green hydrogen combustion tests in Spain, delivering three tonnes over three weeks to the Valencian ceramic industry, opening a new potential alternative to industrial fossil natural gas.

Solar energy becomes EU’s leading electricity source in June 2025

Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.
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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.

Masdar and Iberdrola invest €5.2bn in UK offshore wind

Masdar and Iberdrola announce a joint investment of €5.2 billion in the East Anglia THREE offshore wind farm in the United Kingdom and full commissioning of the German Baltic Eagle project (476 MW).

The Economic Impact of Solar Energy in Europe Amid Surplus Production

The overproduction of solar energy in Europe is causing a drop in captured prices, undermining the profitability of producers. In Germany, Spain, and France, capture prices are at record lows, with profound economic consequences.
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EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million

EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.

Plenitude starts 200 MW solar park in Andalusia for 2026

Italian group Plenitude has begun building Entrenúcleos, a 200 MW photovoltaic plant near Seville, set to deliver more than 435 GWh a year from 2026 while trialling locally produced green steel.

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.
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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.

Cox secures $64mn contract to interconnect Paraguay’s electricity grid

Spanish company Cox has signed a $64mn contract for the design and construction of 500 kilometres of high-voltage transmission lines in Paraguay's Chaco region, in collaboration with local firm L.T. S.A.
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Iberdrola increases supplementary dividend by 16.5% to €0.409 per share

Iberdrola announces a supplementary dividend of €0.409 per share for 2024 under the "Iberdrola Retribución Flexible" programme, bringing the total annual remuneration to €0.645 per share, representing a year-on-year increase of 15.6%.

Iberdrola launches metocean studies for Australian offshore wind farm

Iberdrola Australia secures crucial approval from Australian authorities to begin metocean studies for its 3GW Aurora Green offshore project off the coast of Victoria, marking a decisive stage in its development.

Natural hydrogen: France on the verge of redefining its national and European energy strategy

The official confirmation in June 2025 by the French government regarding the detection of significant natural hydrogen reserves in Lorraine, the Pyrenees, and Aquitaine could represent a major strategic turning point for national and European energy sovereignty. However, the technical, economic, and environmental challenges associated with its exploitation might slow its large-scale implementation.
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The climate crisis intensifies economic risks linked to extreme weather events

Prolonged heatwaves and environmental disasters are intensifying, leading to significant financial impacts in the energy, agriculture, and real estate sectors, according to the latest UN and IEA reports.

Development banks: $19.6bn invested in water-related projects in 2024

Ten multilateral development banks have approved global financing of $19.6bn for water-related projects in 2024, mainly aimed at low- and middle-income countries, according to a recent joint report.

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.

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.
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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.

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.
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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.

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.
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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.

Otovo cuts headcount by 46% in response to solar market downturn

Otovo cuts headcount by 46% to save up to 225 million kronor, as the residential solar market in Europe shows signs of slowing down.

ExxonMobil withdraws from acquisition of Galp Energia’s Namibian oil block

ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
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Greenvolt sells 153 MWp of solar projects in Italy to Nuveen Infrastructure

Greenvolt sells 19 solar projects in Italy, totaling 153 MWp, to Nuveen Infrastructure for €18.7 million, as part of its asset transfer strategy.

Spain acquires the world’s largest vanadium flux battery

A vanadium flow battery system by H2 inc. s 1.1 MW/8.8 MWh vanadium flow battery system is deployed in Spain, a key step forward for long-term energy storage as part of the energy transition strategy.

Hygreen Energy and Coxabengoa to produce electrolysers in Andalusia

Hygreen Energy and Coxabengoa join forces to produce electrolysers in Andalusia, supported by the Junta de Andalucía.
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EBRD finances renewable hydrogen plant in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a renewable hydrogen production unit in Uzbekistan, aimed at reducing the use of fossil hydrogen in the fertilizer industry.

Greece: Increase in LNG imports to compensate for ENR shortfalls

Greece is stepping up its LNG purchases in response to insufficient renewable energy production, directly impacting gas prices on the spot market.

EDP installs 103 MW of hybrid capacity in Spain

EDP deploys three wind-solar hybrid farms in Spain, totalling 103 MW, illustrating its leading role in energy innovation.
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Global offshore wind power on course for 520 GW by 2040, with Europe in the lead

The offshore wind sector is on course to exceed 520 GW of installed capacity by 2040, despite logistical challenges, with a strong concentration in Europe thanks to floating wind.

The energy transition market will reach 3.7 trillion USD in 2028

The energy transition market will reach 3.7 trillion USD by 2028, supported by growing public and private investment, with an annual growth rate of 9.4% according to Allied Market Research.