Energy

Portugal’s energy giant EDP plans to reduce its interests in Brazil  from is current 25% in EDP Brasil to 14% by 2026 according to the company’s new strategy plan to 2026. EDP’s focus will now be [...]

Despite a slowdown in inflation on the prices of goods and services in Portugal, food prices continue to be high at 23% above the average price levels of 2021. According to Portugal’s national [...]

The president of the Portuguese Agency for Energy has asked Brussels to urgently release new funds from the Recovery and Resilience Fund for energy sector projects. The President of ADENE, Nelson [...]

Portugal’s Green Ventures has signed a contract for the purchase and sale of energy in a PPA (Power Purchase Agreement) with the Norwegian company Statkraft for its Valpaços solar park with an [...]

Business responsibilities and consumer awareness of sustainability energy issues were at the fore at the 4th Irish-Portuguese Business Network Sustainability Conference which took place in Lisbon [...]

EDP and EDPR in capital call for EDP Brazil Public Acquisition Offer as chairman unveils €25Bn investment plan in London The intended capital raise at EDP and EDPR is to support the company’s [...]

The entrepreneur Paulo Fernandes, one of the most influential and powerful businessmen in Portugal, has reinforced his position in the Portuguese renewables energy firm Greenvolt by buying [...]

The energy services company EnergyCon is to invest €25 million in Porto’s industrial area. The company controlled by the Painhas Group will set up a renewable Energy Community in Porto’s [...]

A Lisbon administrative court has decided in favour of the Portuguese energy regulator ERSE in a litigation against local natural gas distributors. The court agreed that the distributors had [...]

Portugal’s multinational electricity and renewables energy company EDP is expected to cough up taxes of €300 million on profits made in Poland and Romania. This is because of the extraordinary [...]