Galp

Galp Solar, a unit of Portuguese energy group Galp Energia SGPS SA, has partnered with compatriot bank BPI to promote solar installations for self-consumption to local businesses. This solution includes bank financing and solar panel installation by professional specialists.

Portuguese oil and also gas business Galp has actually obtained the 24.99% it did not currently possess in Titan, a solar joint venture it developed with Spanish design firm ACS Group in 2020.

Oil as well as gas firm Galp is getting a portfolio of under advancement solar plants in Brazil with an incorporated capacity of approximately 4.6 GWp.

Portuguese power group Galp Energia SGPS SA (ELI: GALP) introduced today that it has accepted acquire a portfolio of solar and also wind projects in Brazil with an incorporated capacity of 4.8 GWp.

Portuguese utility Galp Energia and also Swedish battery manufacturer Northvolt stated Tuesday that they were joining forces to integrate in Portugal one of Europe's very first lithium conversion plants at a price of 700 million euros ($790 million).

Portuguese energy group Galp Energia SGPS SA (ELI: GALP) has secured three loans worth an overall of EUR 406.5 million (USD 473.0 m) by the European Investment Bank (EIB) to fund the company's solar projects as well as electric vehicle (EV) billing network in Spain as well as Portugal.

Oil as well as gas company Galp has actually acquired a consortium to start building work on its initial massive PV plant in Portugal next month.

Spanish building and construction as well as design team ACS Actividades de Construccion y Servicios SA will certainly keep a minority stake in a 2.9-GW solar profile that Portuguese oil-and-gas significant Galp Energia SGPS SA consented to get earlier this year.

Portugal has actually selected a total of 37 potential green hydrogen projects, representing a total investment of around EUR9 billion (US$ 10.5 billion) to progress to the following phase of its selection procedure.

Oil significant Galp is to designate approximately 15% of its total financial investments to eco-friendly power generation as well as organisations, for generating a 10GW tidy power profile by 2030.

Grenergy Renovables has penned a solar supply agreement with Spanish utility Galp, its first such agreement in the country.

X-Elio has enlisted a Portuguese oil and gas group as offtaker to a large-scale solar pipeline in Spain, adding to the country’s bustling PV power purchase agreement (PPA) scene.

Portugal’s first-ever solar auction has triggered prices likely to break European records, the country’s media has reported one week before the results are known.