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China
27 June 2021
Moody’s Improves Outlook for Portugal’s REN Owing to New 2021-24 Strategy
Moody's Investors Service improved the outlook on REN - Redes Energeticas Nacionais, SGPS S.A., whose main shareholder is China State Grid, to positive from stable.
China
17 June 2021
EDP Remains Portuguese Brand With Highest Financial Value
EDP Energias de Portugal, that has as main shareholder China Three Gorges (CTG), is the Portuguese brand with the highest financial value.
Brazil
16 June 2021
EDP Brasil Hydro Plants Sale Attracts Brazilian Companies
The sale of 3 hydroelectric plants by EDP Energias do Brasil, whose parent company EDP Portugal has as main shareholder China Three Gorges, has attracted brazilian energy companies Eneva and Votorantim Energia.
Brazil
14 June 2021
Chinese Oil Majors to Pay USD2.94 billion for Brazilian Field Exploration
Chinese oil majors CNOOC and CNODC are to invest in USD2.94 billion in a Brazilian oil field, Brazil´s state oil company announced.
Cabo Verde
08 June 2021
Legal Update/ Cabo Verde: Energy Services Companies Regime
Decree-Law No. 46/2021 of 28 May, establishes the regime of Energy Services Companies (ESC), which will come into force on 26 August 2021.
Brazil
02 June 2021
Portugal’s Galp Energia in USD 8 Billion Oil Project in Brazil
Portugal's Galp Energia will join an USD 8 Billion investment in an oil project in Brazil's pre-salt Santos Basin.
China
24 May 2021
Doors Open to China-Portugal Hydrogen Power Deals
Portugal wants to cooperate on hydrogen power with China, which is open to deepen ties in renewable energies, the Chinese Embassy in Lisbon said.
Brazil
16 May 2021
EDP Portugal Profit Rises 23% on Sale of Hydro Plants
EDP Energias de Portugal, that has as main shareholder China Three Gorges (CTG), saw first quarter profit rise 23%, owing to the sale of Hydro Plants in Portugal, while profits at its renewables subsidiary (EDPR) fell 39%.
China
10 May 2021
China´s CHINT Group Among Bidders for Portugal´s Efacec
CHINT Group Corporation, from China, is one of the five bidders for the majority of the capital of Portugal´s leading energy components producer, Efacec.
Brazil
04 May 2021
EDP Switching from Hydro to Solar Power Capacity in Brazil
EDP Renewables (EDPR) , whose parent company EDP Energias de Portugal has as main shareholder China Three Gorges (CTG), is investing 10 billion reais (more than EUR 1.5 billion) in increasing its power generation capacity in Brazil, focusing on solar.
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