EIB lends €175m for two hybrid wind farms
The European Investment Bank (Banco Europeu de Investimento or BEI) has approved a €175 million financing package to Iberdrola for two hybrid wind farms in the Tâmega area in northern Portugal, to be integrated with the Tâmega pumped‑storage hydro complex. Reports say the combined installations will add capacity linked to the Gouvães, Daivões and Alto Tâmega systems and help supply tens or hundreds of thousands of consumers; coverage highlights the project's role in Portugal's renewables and storage strategy. Local economic and environmental impacts will follow during construction; residents and jobseekers in the north should watch for procurement and local consultation notices.
Sophia photovoltaic solar plant project in Beira Baixa to be revised
The Sophia photovoltaic solar plant project will be revised based on the opinion of the Evaluation Commission, the public consultation report and a process of active listening in the territory, the project promoter said today. “For this purpose, Lightsource bp has established channels of dialogue that are already operational with the ...
EU outlines plan to raise €1.2 trillion by 2040 for energy networks
The European Commission launched the European Networks Package and the 'Energy Highways' initiative on Wednesday. The aim is to boost investment in energy network infrastructure, from electricity to renewable gases, focusing on cost-sharing and cross-border projects. Portugal is involved in two of the eight energy highways that the EU is expected to...
