Lush news as natural beauty retailer’s cork packaging ‘carbon neutral’

Each of the retailer’s 35g ‘Cork Pot’ sequesters more than 33 times its weight in carbon dioxide

Iberdrola awarded 149MW solar energy contract in Portugal

The solar power plants will be built in two regions – the Algarve and the Tajo Valley

New 7.2MW solar farm in Portugal starts soaking up the rays

The 7.2MW Vale Matanças solar farm in Portugal has entered full operation. Located in Alcácer do Sal, the Foresight Group’s new facility is the firm’s first investment in a Portuguese utility-scale solar asset which did not benefit from government subsidy. A decade-long power purchase agreement (PPA) has been signed with a Spanish utility company and […]

Investment firm buys 100MW of Portuguese hydropower

Aquila Capital has agreed to acquire 21 operational small-scale hydropower plants from EDP

Floating wind farm in Portugal granted €60m EU loan

The 25MW project is expected to generate enough power for 60,000 homes a year

Spain upgrades power connections with France in €578m interconnector deal

The link will double the power exchange capacity between the nations by 2025

Global leaders and businesses discuss universal energy access

The Sustainable Energy for All (SEforAll) Forum will address the key challenges in ensuring “no one is left behind” in the energy transition

Portugal generates record renewable energy

Green energy generation accounted for 103.6% of consumption in March – a value said to be unmatched in the last 40 years

EU approves €60m aid for Portuguese green buses

The European Commission has approved €60 million (£53.8m) of funding for low emission buses and supporting infrastructure in Portugal. It was initially unclear whether the environmentally friendly plans, which would reduce the greenhouse gas emissions of each bus by at least 15%, would be in line with EU state aid rules. The Commission considered public funding appropriate […]

EU bank supports commercial wave energy tech

The European Investment Bank (EIB) is to help finance the development of commercial wave energy technology in Europe. It is investing up to €10 million (£8.53m) in AW-Energy, the Finnish developer of “WaveRoller” technology, to accelerate commercial roll-out. The WaveRoller is a near-shore underwater device that converts wave energy into electrical power. In 2012, the […]