Portugal News

 

Ocean Winds, DISA Plan to Build Floating Wind Farms in Canary Islands

Jul 23, 2021

Offshore wind developer Ocean Winds and DISA Group, a renewable electricity generation firm in the Canary Islands, have teamed up to develop offshore wind farms in the Canary Islands.Ocean Winds, formed last year as a joint venture between EDP Renewables and Engie…

In a Historic First, ABS Classes Floating Wind Farm Off Portugal

Jul 14, 2021

Maritime and offshore classification society American Bureau of Shipping (ABS) has classed the 25MW WindFloat Atlantic floating offshore wind farm in Portugal, making it the world’s first classed offshore wind farm of the type.The floating wind…

EDP, TechnipFMC Working on Offshore Wind-to-Hydrogen Concept

Jul 13, 2021

Renewable energy firm EDP, energy services provider TechnipFMC and other research partners are teaming up to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power…

Eco Wave Power Installs Spotter Buoy in Portugal

Jun 24, 2021

Israeli-Swedish wave energy company Eco Wave Power has installed a Spotter Buoy near the Barra do Douro breakwater in Portugal.Installed following approval from the Port Authority of the Douro, the Spotter Buoy will collect wave data for Eco Wave Power's proposed wave energy project in the area…

Portugal's Galp to Limit Fossil Fuel Spending, Set Aside 30% of Capex for Renewables

Jun 02, 2021

Portugal's Galp Energia will sharpen its focus on renewable energy and limit fossil fuel spending to already approved developments, resulting in a 20% cut in five-year capital expenditure, the company said on Wednesday.Oil and gas company Galp is following a broader trend…

CorPower Says 'World’s Largest' Wave Energy Test Rig Nearly Complete

May 13, 2021

Wave energy technology developer or CorPower said this week it was approaching completion of' the world’s largest wave energy test-rig' following a two-year project. The 45-tonne moving mass system located in Stockholm is capable of simulating ocean wave conditions anywhere in the world…

Ocean Infinity Buys Abyssal

May 04, 2021

Ocean Infinity, marine robotics and offshore survey company, has acquired Portugal-based software engineering specialists, Abyssal.Abyssal develops and implements proprietary software solutions for the offshore industry aimed at improving the safety and efficiency of subsea operations…

SSE Renewables, Acciona JV to Target Offshore Wind Opportunities in Portugal, Spain

Feb 26, 2021

UK-based SSE Renewables and Spanish Acciona have this week signed an exclusivity agreement to create a joint venture targeting the emerging Spanish and Portuguese offshore wind markets. 'Spain and Portugal have both set net-zero emissions targets…

Portugal's EDP Launches Green Hydrogen Unit

Feb 22, 2021

Portugal's main utility EDP announced on Friday it was setting up a new business unit to develop green hydrogen projects, primarily in Europe and the United States.So-called green hydrogen, produced using renewable electricity, is seen as a…

CorPower Ocean Attracts Investment for Wave Energy Tech Project in Portugal

Feb 02, 2021

CorPower Ocean, a Sweden-based developer of wave energy converters, which has recently secured a 10-year license marine license in Portugal, said Tuesday it had attracted an investment of 7.3 million euros for its Portuguese wave energy technology project…

Angola: Sonangol to Accelerate Asset Sales, Reform Despite COVID-19

Dec 03, 2020

Angola’s state oil giant Sonangol will next year accelerate reforms and efforts to raise revenue after the pandemic drained investor interest in an asset sale that has so far netted only around $60 million, its CEO told Reuters in a rare interview…

CorPower Secures 10-year Marine License in Portugal for Wave Energy Project

Nov 13, 2020

CorPower Ocean, a Sweden-based developer of wave energy converters, has secured a 10-year marine license in Portugal.The company said the license provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal…

Charter Party Ends Four Years Early for Solstad Offshore Vessel

Sep 18, 2020

Italian oilfield services company Saipem has terminated the charter party for Solstad Offshore's Normand Maximus offshore construction vessel four years early.Norwegian offshore vessel owner Solstad said Friday that Normand Maximus Operations Ltd…

Silva Tapped to Lead Corpower Ocean Portuguese Ops

Aug 25, 2020

CorPower Ocean, designer of wave energy systems, appointed Miguel Silva as head of its Portuguese operation.The news comes shortly after CorPower revealed plans for a new $18.1m R&D, Manufacturing and Service Center in Viana do Castelo, Portugal…

CorPower Starts Wave Energy Project in Portugal

Jul 07, 2020

CorPower, a Swedish developer of wave energy converters, is establishing an R&D, Manufacturing & Service Centre for wave energy converters in Viana do Castelo, Portugal.The location has been chosen to support CorPower’s demonstration project HiWave-5…

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