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Brazil
30 March 2024

EDP Among Top Winners of Power Transmission lines Concessions in Brazil
Eight companies, including the Brazilian Eletrobras, the Portuguese EDP and the investment bank BTG, were awarded 15 concessions to tender and operate 6,464 kilometres of power transmission lines in Brazil auctioned by the Government.
Angola
30 March 2024

Singapore Shipyards Yinson Dispatch Agogo FPSO to Angola
Singapore-based floater specialist Yinson Production is dispatching to Angola topside modules for the Agogo floating storage, production and offloading vessel (FPSO).
Portugal
03 March 2024

EDP´s Profit Up 40% in 2023 Helped by Brazilian Earnings

Portugal’s largest utility EDP, whose major shareholder is China Three Gorges, reported a 40% jump in 2023 net profit, driven by higher hydroelectric production and more earnings from its Brazilian business.

EDP-Energias de Portugal netted EUR 950 million, while its wind and solar unit EDP Renovaveis saw profts drop 50% to EUR 309 million as revenues fell.

Earnings before interest, taxes, depreciation and amortisation (EBITDA)

Portugal
01 March 2024

EDP Renewables Secures Largest Solar Power Public Tender in Singapore
EDP Renewables, whose parent company EDP has China Three Gorges as its largest shareholder, was awarded Phase 8 of the SolarNova program, a Singapore public tender to select a developer of distributed solar energy.
Brazil
28 February 2024

New FPSO Oil Platform Leaves China Towards Mero Field in Brazil
The platform ship (FPSO) Marechal Duque de Caxias left Yantai, China, towards the Mero oil field in Brazil, according to Petrobras, operator of the area in the pre-salt of the Santos Basin, co-owned by China’s CNPC and CNOC.
Brazil
23 February 2024

EDP Continues Asset Rotation Strategy in Brazil With Sale of Transmission Line
EDP - Energias de Portugal, whose biggest shareholder is China Three Gorges, moved ahead with its asset rotation strategy in Brazil by selling a 743 Kilometers power transmission line.
Mozambique
20 February 2024

Mozambique Aims to Lead Hydrogen Production in Southern Africa by 2030
Mozambique has revealed new details of its ambitious energy transition strategy, which aims to make the country a leader in hydrogen production in southern Africa by 2030.
Brazil
08 February 2024

Petrobras in Talks With Oil Companies from China on Joint Energy Projects
Brazilian state oil company Petrobras is in talks with oil companies from China, India and the Middle East to collaborate on energy projects.
Mozambique
05 February 2024

Mozambique Eyes Ending 1,150 Mw Power Exports to South Africa
Mozambique plans to to secure the 1,150 megawatts of power it sells to South Africa from its Cahora Bassa plant for its own use.
Guinea-Bissau
01 February 2024

Guinea-Bissau Set to Open New Solar Plant
A large photovoltaic plant has been built in Guinea-Bissau by the European Union in collaboration with TESE, a Portuguese NGO.
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