Portugal | Tags | Econostrum | Economic News in the Mediterranean

Voltalia invests in five new solar power plants in Portugal

09/22/2022 | Environment

PORTUGAL / FRANCE. The French Voltalia will build a new complex of small solar power plants in Portugal on five sites.

The European Commission gives the green light to state aid in the field of hydrogen

09/22/2022 | Industry

EU. The European Commission has approved the public aid proposed jointly by thirteen Member States for the second major project of common European interest concerning hydrogen.

European solar electricity production reached a record high during the summer of 2022

09/13/2022 | Environment

EU. Photovoltaic panels installed in the European Union broke their record in the summer of 2022 by producing 12.2% of the EU's electricity.

Aquila Clean Energy to invest €2 billion in renewable energy in Spain and Portugal

09/08/2022 | Environment

SPAIN / PORTUGAL. Aquila Clean Energy EMEA will invest €2 billion over three years in the renewable energy sector in Spain and Portugal through the InvestEU program.

The Human Rights Committee finds Madrid guilty of violating the political rights of Catalan separatists

09/01/2022 | Society / Institutions

SPAIN. According to the UN Human Rights Committee, the Spanish state "violated' the political rights of former Catalan leaders by suspending them from political office after Catalonia's 2017 secession attempt.

The manufacturer of solar panels DualSun raises 10 M€ to expand internationally

09/01/2022 | Society / Institutions

FRANCE. DualSun, a Marseille-based solar panel manufacturer, has announced a new €10 million round of financing from its historical investors, including Noria, and TiLT Capital Partners, to expand internationally.

Spain and Portugal support a gas pipeline project between the Iberian Peninsula and Central Europe

08/18/2022 | Society / Institutions

SPAIN / PORTUGAL. Berlin's idea of building a gas pipeline linking Spain to Central Europe is appealing to the leaders of the Iberian Peninsula. The MidCat project for a gas pipeline across the Pyrenees is revived.

EU member states agree on plan to reduce gas consumption

07/28/2022 | Society / Institutions

EU. In order to respond to the decline in Russian gas supplies, the Council of the European Union adopts a European Commission proposal to organise a coordinated reduction in gas consumption in the 27 Member States.

Engie and Sonatrach extend their gas supply agreement

07/07/2022 | Society / Institutions

ALGERIA / FRANCE. Sonatrach and the French energy group Engie are extending their natural gas purchase and sale agreement and want to extend it to LNG.

The Mediterranean in drought

07/05/2022 | Environment

MEDITERRANEAN. Drought is hitting the western Mediterranean this year, with greatly increased fire risks everywhere, and in the worst affected countries a drop in harvests and a threat to drinking water supplies.

A difficult summer for air transport

07/05/2022 | Transport

EUROPE. Strikes are on the increase in the airline industry, driven by wage demands and requests for improved working conditions.

ADP, air traffic recovery, air transport, airports, Aéroports de Paris, Belgium, Brussels Airlines, cancelled flights, delayed flights, Easyjet, France, Italy, Portugal, Ryanair, SAS, Spain, strikes

EIB finances first three French offshore wind turbines

06/28/2022 | Environment

FRANCE. The European Investment Bank announces the conclusion of three financing agreements for the installation and commissioning of the first floating offshore wind turbines deployed in France, all located in the Mediterranean.

Ademe, Aude, Banque des Territoires, CDC, CPP Investments, EDF Renewables, EDP Renewables, EFGL, EIB, Enbridge, Enbridge Eolien France, energy, Engie, environment, Eolmed, European Commission, European Investment Bank, Feder, FEIS, floating wind turbines at sea, Fonds européen pour les investissements stratégiques, Fécamp, Groupe Caisse des Dépôts, IFP Energies Nouvelles, InnovFin, Le Barcarès, Leucate, Marseille, NER 300, Ocean Winds, Port Saint Louis du Rhône, Portugal, Principle Power, Provence Grand Large offshore wind farm, Pyrénées-Orientales, Qair, RTE, Réseau de Transport d'électricité, SBM Offshore, Siemens Gamesa, Vestas, wind turbines, Windfloat, Windfloat Atlantic, Éoliennes flottantes du Golfe du Lion

Spain's EDPR and France's Lhyfe sign renewable hydrogen deal

05/25/2022 | Society / Institutions

SPAIN / FRANCE. EDP Renewables, the world's fourth largest wind energy producer, and Lhyfe, a pioneer in the production of green renewable hydrogen, sign an industrial agreement.

EDP Renewables, EDPR, Euronext, France, H2 Business Unit, HBU, Lhyfe, Matthieu Guesné, Miguel Stilwell d'Andrade, Nantes, Paris, Portugal, renewable hydrogen, Sines, Spain, stock market

French green hydrogen producer Lhyfe launches IPO

05/10/2022 | Society / Institutions

FRANCE. Lhyfe announces the launch of its initial public offering on Euronext in Paris through a capital increase with the ambition to raise up to €145.5m.

1 million to help young people in the outermost regions of France, Spain and Portugal

05/05/2022 | Society / Institutions

FRANCE / SPAIN / PORTUGAL. Young people in the nine outermost European regions will be able to propose development projects and have them financed thanks to the launch of a call for proposals by the European Commission.

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Gas further cools relations between Algeria and Spain

04/28/2022 | Industry

ALGERIA / SPAIN / MOROCCO. Relations between Algeria and Spain, disrupted since March 2022, are experiencing a new episode of tension as Madrid wants to send back to Morocco part of the Algerian gas it receives.

Brussels allows Spain and Portugal to cap fuel prices for power plants

04/28/2022 | Environment

SPAIN/PORTUGAL. The European Commission authorises both countries to limit the price of gas used to produce electricity.

Brussels, electricity tariff, Europe, gas price cap, José Duarté, Portugal, Spain, Teresa Ribera, The European Commission

Voltalia continues its growth in Morocco, Greece and Portugal

04/26/2022 | Environment

MOROCCO/GREECE/PORTUGAL. Specialising in wind, solar, hydraulic, biomass and electricity storage, the group has just won a call for tenders in Morocco.

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The European Commission authorises the Portuguese State to recapitalise its development bank

04/12/2022 | Society / Institutions

PORTUGAL. The Portuguese economy will benefit from a €250m support measure to recapitalise the Portuguese Bank Banco Português de Fomento under the Recovery and Resilience Facility.

Banco Português de Fomento, BPF, Brussels, European Commission, InvestEU, Lisbon, NextGenerationEU, Portugal, Portuguese Development Bank, Portuguese economy

Voltalia to build its first floating solar power plant project in Portugal

04/07/2022 | Environment

PORTUGAL / FRANCE. The French renewable energy company Voltalia has won a tender in Portugal to build a floating solar power plant near the Cabril dam.

Africa, Algarve, Cabril, Europe, floating solar power plant, France, Global Solar Hub, Helexia, Lisbon, Morgado do Agre, Mulliez Family Association, Porto, Portugal, Portuguese Ministry of Energy and Environment, renewable energy, Sertã, Sébastien Clerc