Wave energy puts a rig on it!

The Swedish-headquartered developer CorPower has developed what is described as the world’s largest wave energy test rig

Brighter days for British pensions!

Pension fund USS has invested £200 million to secure a 50% stake in solar energy developer Bruc Energy

EIB offers €50m energy efficiency push for Spanish and Portuguese homes

The funding is estimated to reduce carbon dioxide emissions by up to 10,269 tonnes a year

EU bank and Portuguese Government join forces to boost investments in hydrogen

The European Investment Bank believes the hydrogen sector will play an important role in accelerating the energy transition

EU approves €60m to support cleaner public transport in Portugal

The funding will support the conversion of an old railway line into a route for electric buses connecting Coimbra with the municipalities of Lousã and Miranda do Corvo and the village of Serpins

EDPR granted €112m for two onshore wind farms in Portugal

The wind farms will have a total capacity of 125MW and will support the country’s renewable energy goals

Netherlands and Portugal strengthen their ties for green hydrogen transportation

The agreement will see green hydrogen being transported from a new project in Sines, Portugal to the port of Rotterdam, Netherlands

Iberdola secures €59m loan to install 2,500 EV charging points in Spain and Portugal

The new EV charging infrastructure will be located on high-capacity roads in the two countries

Azores island installs giant battery energy storage system

The Gridstack system will have a power capacity of 15MW and will enable an increased share of renewable energy while limiting the consumption of fossil fuels

First floating wind farm in continental Europe fully powered up

Located off the coast of Portugal, Windfloat Atlantic has now been connected to the grid and is capable of supplying electricity to 60,000 homes a year