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Portugal to speed up first offshore wind auction amid strong investor interest

Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process aiming for a third quarter launch.

read more... 06/02/2023

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Iberdrola secures environmental permit for 1.2GW solar farm in Portugal

Spanish electric utility Iberdrola has secured environmental approvals for the 1.2GW Fernando Pessoa solar project in Portugal.

read more... 02/02/2023

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Portugal to launch first offshore wind auction, eyes 10 GW by 2030

Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday.

read more... 24/01/2023

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Portugal, Spain to formally request extension of gas price cap on Wednesday

Portugal and Spain will formally ask the European Commission on Wednesday to extend the temporary Iberian cap on prices for natural gas and coal used by power plants, the Portuguese Environment Minister Duarte Cordeiro said on Tuesday.

read more... 18/01/2023

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Portugal increases support to help with rising energy bills

The Portuguese government will next year increase the amount of financial aid available to help families and companies cope with rising gas and electricity prices, it said on Wednesday.

read more... 15/12/2022

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