Portugal

Portuguese grid operator targets EUR900m financial investment to allow renewables transition

Portuguese grid driver Redes Energéticas Nacionais has said it will spend more than EUR900 million (US$ 1.1 billion) by 2024 in technologies as well as renovations to the electrical power network to support the nation's environment-friendly power transition.

May 17, 2021 // Markets & Finance News, Grids, Portugal, Europe, grid connection, REN, Rodrigo Costa

EDP obtains approval for 4-MW floating solar plant in Portugal

Portuguese utility Energias de Portugal SA (ELI: EDP) announced today it has actually received the thumbs-up to start construction of a 4-MW floating photovoltaic or pv (PV) plant in Portugal's Alqueva Reservoir.

May 12, 2021 // Plants, Floating PV, Portugal, EDP, floating PV, Europe, PV Power Plant

Exus to deliver 85MW Portugal wind-PV hybrid

Project in north of the nation is due online in 2023

Apr 26, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Exus, wind-solar hybrid project, Carlos Tello Garcia

Iberdrola produces JV with insurance policy company to invest in 1GW of Spanish renewables

Iberdrola has created a critical partnership with insurance company Mapfre that will initially purchase 230MW of clean energy projects in Spain, consisting of 130MW of solar PV.

Apr 8, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Battery Storage, Iberdrola, Europe, joint venture, utility, data centres, Merlin Properties, Jakob Carnemark

Aquila expands Portuguese solar portfolio

Transaction for a 50% share in the 60MW operating property Ourique is anticipated to shut this month

Apr 1, 2021 // Markets & Finance News, Portugal, Europe, aquila, Ian Nolan

O&G significant Galp to start work with first solar project in 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.

Mar 29, 2021 // Plants, Large-Scale, Commercial, Portugal, Galp, Europe, largescaleeu, oil and gas majors, Jayme da Costa, Susana Quintana Plaza

EDP goes for 50GW of renewables additions by 2050, aims to US for solar development

EDP will certainly concentrate on The United States and Canada to ramp up its solar capacity in the following five years as part of a brand-new tactical update that will see the Portuguese energy target more than 50GW of renewables enhancements by 2030.

Feb 26, 2021 // Plants, Commercial, Markets & Finance News, Spain, Portugal, EDP, South america, Europe, Brazil, distributed solar, utility, carbon neutrality, largescaleeu, sfi con london, distributed generation

Nordic Solar purchases 48.5-MWp solar park in Portugal from Chint

Danish energy business Nordic Solar stated today it has closed the purchase of a 48.5-MWp solar project in Portugal from Chinese developer Chint Solar, without giving economic information.

Feb 18, 2021 // Markets & Finance News, Portugal, Europe, Solar Park, Nordic Solar, Nikolaj Holtet Hoff

NextEnergy solar fund snaps up Portugal PV project

NextEnergy Capital's global institutional solar fund, NextPower III ESG, has actually purchased a 39MWp solar project in Portugal, its third purchase in the nation.

Feb 15, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Solar Project, Filinto Martins, NextEnergy

EDP acquires Brazil solar energy business

Portugal's EDP has authorized an arrangement with Brazil's Blue Sol Participações to acquire a minority stake of up to 40% of the latter's voting shares.

Dec 29, 2020 // Markets & Finance News, Portugal, EDP, Europe, Carlos Andrade

Floating PV as well as land close to freeways to be included in Portugal's 2021 solar public auction procedure

Great deals for PV projects on dams as well as close to motorways are set to be included in Portugal's third solar tender, the nation's state assistant for energy, João Galamba, has said.

Nov 25, 2020 // Plants, Floating PV, UTILITY-SCALE SOLAR, Portugal, floating PV, auctions, Europe, solar-plus-storage, tenders, joao galamba

Portugal's MCA participates in 370-MWp solar project in Angola

Portuguese multinational MCA Group revealed it is leading a consortium included with the growth of a 370-MWp solar energy project in Angola.

Nov 13, 2020 // Plants, Large-Scale, Commercial, Portugal, Europe, MCA, solar power project

NextEnergy acquires 17.4 MW Portuguese solar project

Plant building and construction to start this quarter with commissioning next year

Oct 12, 2020 // Plants, Large-Scale, Commercial, Portugal, Europe, nextenergy capital, Solar Project, Filinto Martins

Portuguese projects under the hammer, Dehui declares Vietnam initially

A round-up of the most up to date solar industry news from around the world, as Aquila grabs its very first solar projects in Portugal, among Europe's hottest solar markets, as well as Dehui claims being Vietnam's initial module producer to create next-generation panels.

Sep 11, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Europe, Asia, Africa, LONGi, Vietnam, Burkina Faso, dehui, aquila

CIGS cells for micro-concentrator PV gadgets

Scientists have created a brand-new mini CIGS cell by using an area-selective electro-deposition procedure as a material-saving method. It has a conversion performance rate of 5.2% and a high open-circuit voltage.

Sep 9, 2020 // Technology, Portugal, Europe, CIGS cell

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