Google signed a deal with Intersect Power and TPG Rise Climate to spin up enough carbon-free power to drive several gigawatt-scale data centers.
The step brings Portugal closer to its goal of climate neutrality by 2045. The country''s energy transition strategy involves an investment of €75 billion (~$81.4 billion) in green energy production projects, including electricity
A Biomethane Action Plan: an integrated strategy aiming at the promotion of production and consumption and the simplification of the legal and regulatory framework for renewable energy projects, namely for electrical and
Among the main challenges in renewable energy investments is the potentially higher upfront cost in comparison to projects that are fossil-fuel-based. Solar panels, energy storage systems and wind
The government set a target to achieve 80% of its electricity generation from renewables by 2026, four years earlier than previously planned. To achieve the new target, the country needs to invest heavily in energy
Exus Renewables acquires the Cibele solar farm in Portugal, adding 130 MW to its European portfolio. This strategic transaction strengthens Portugal''s solar ambitions and attracts
A Biomethane Action Plan: an integrated strategy aiming at the promotion of production and consumption and the simplification of the legal and regulatory framework for renewable energy
g. Currently, energy storage solutions are currently limited, and Portugal lacks a stable support framework for renewable energy projec s. To address price fluctuations, further developing risk
Portugal''s Renewable Sector Attracts Larger Investment as Storage Becomes Key The renewable energy landscape in Portugal is moving into a new phase, marked by
Portugal: 43 winning projects totalling 500MW of storage Portugal has awarded grant support to around 500MW of battery energy storage system (BESS) projects, using EU Recovery and Resilience Plan (RRP)
The system offers substantial financial support for eligible projects focusing on renewable energy, energy storage, green hydrogen, and advanced carbon management
The projects in Finland and Portugal will help Europe''s installed energy storage capacity grow from about 11 GWh today to 75 GWh by 2030, according to data from
Investing in renewable energy is no longer just a sustainability checkbox – it''s a smart financial move. But let''s be honest, while the long-term benefits are clear, the real question is: How
The energy storage use case involves converting surplus renewable energy into green hydrogen, which is then stored in underground geological formations (such as salt caverns) for later use. Portugal is already
Introduction Battery energy storage presents a USD 24 billion investment opportunity in the United States and Canada through 2025. More than half of US states have adopted renewable energy
National Recovery and Resilience Plan (RRP) In the context of the Recovery and Resilience Mechanism, launched by the European Commission on February 12, 2021, Portugal submitted
The investment is intended to support new infrastructure in the Beira Interior area and in the southern regions of Algarve and Alentejo, including in the municipalities of Ourique and Tavira. According to REN''s proposal, the
Renewable Energy Market Update Outlook for 2023 and 2024 INTERNATIONAL ENERGY AGENCY The IEA examines the full spectrum of energy issues including oil, gas and coal
Europe''s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors, project developers and traders, as the cost of new projects
In Europe Energy Storage Market, Over the next decade, the top 10 countries in Europe will add 73 GWh of energy storage, amounting to 90% of new deployments.
This initiative supports Portugal''s goal of 80% renewable electricity by 2026 and 85% by 2030. In 2024, renewable energy contributed 71% to Portugal''s electricity, marking a
Investing in renewable energy is no longer just a sustainability checkbox – it''s a smart financial move. But let''s be honest, while the long-term benefits are clear, the real question is: How quickly will it pay for itself? At its core, Return on
5 天之前· CVC DIF, the infrastructure investment arm of global private markets manager CVC, has agreed to acquire the "Gabriela" hybrid solar photovoltaic (PV) and battery energy storage (BESS) project—located in Northern Chile
Energy for the people and process simplification The Government also announced specific measures to promote the energy transition among the citizens and small
It forecasts the deployment of renewable energy technologies in electricity, transport and heat to 2026 while also exploring key challenges to the industry and identifying barriers to faster
The renewable energy sector in Portugal remains robust and continues to grow, particularly in solar PV and emerging sectors such as green hydrogen. However, challenges related to grid access and project permitting
Portugal is preparing to hold a competitive auction for 750 MVA of battery energy storage capacity before January 2026. This initiative is part of a €400 million investment
The Portuguese Ministry of Energy has allocated €99.75 million ($107.6 million) for grid flexibility and energy storage projects which should be installed by the end of 2025.
If everything on the books is built, Portugal will operate roughly 750 MW of batteries by early 2026, rising toward 2 GW by 2030. The government plans to double its
The company has added 2.5 GW of renewable capacity throughout 2023, close to 1.5 GW of which corresponds to solar utily-scale projects, in line with the targets set out in its 2023-2026 business plan.The commissioning of hybrid projects in
