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Portugal
16 May 2024

Portugal´s Energy Grids Operator REN Committed to Reducing Environmental Footprint
REN - Redes Energéticas Nacionais, whose biggest shareholder is China State Grid, has presented its Strategic Plan for the period 2024–27, focused on facilitating the energy transition while maintaining financial and operational standards.
Portugal
11 May 2024

EDP’s Profit Grows in the 1st Quarter Driven by Power Grids in Brazil
Portuguese energy group EDP, whose main shareholder is state-owned China Three Gorges, earned EUR 354 million euros in the first quarter, 17% more than in the same period last year, with an improvement in electricity networks in Brazil.
Portugal
06 May 2024

China-EU Green Energy Partnership Drives Sustainable Development
China's rapid progress in the renewable energy sector has played a pivotal role in advancing the European Union's (EU) green transition. 
Portugal
25 April 2024

Portugal´s Galp Energia Discovers Oil in Namibia for Next 143 years
Portuguese energy giant GALP has seen its shares hit “an all-time high” following the discovery that two ‘wells’ off the coast of Namibia hold enough oil and gas for the next 143 years.
Mozambique
18 April 2024

Second FLNG Factory for Mozambique Would Have Minimal Negative Impact
A second floating liquefied natural gas (FLNG) factory for Mozambique would have minimal negative impact on its sensitive surroundings, according to a draft environmental impact assessment (EIA) study by Consultec.
Portugal
11 April 2024

EDP Shareholders Vote on the new General and Supervisory Board
EDP shareholders voted, on Wednesday, on the new General and Supervisory Board, led by António Lobo Xavier, and the election of the Executive Board of Directors for the 2024-2026 term.
Brazil
09 April 2024

China, Brazil Seal Deal on Landmark Clean Energy Transmission Project
China and Brazil signed a 30-year franchise agreement on the Brazil northeast ultra-high-voltage direct current (UHVDC) power transmission line project, which is expected to be operational by 2029.
Brazil
05 April 2024

China State Grid to Build New Transmission Lines in Brazil and Invest USD 39.7 billion
China State Grid, Celeo Redes (Elecnor group), and Alupar signed the contracts for three concessions to build new electricity transmission lines in Brazil.
Mozambique
02 April 2024

Mozambique Awards 5 Offshore Oil and Gas Blocks to CNOOC
The Mozambican government has approved the terms of five oil research and production concession contracts with the China National Offshore Oil Corporation (CNOOC) for offshore blocks in the Southern African country.
Portugal
01 April 2024

EDP Renováveis to Power US Retail Giant Walmart
EDPR, whose parent company EDP has China Three Gorges as its largest shareholder, will supply additional power to US retail giant Walmart, under a new agreement for 15 years.
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