News

Lisbon: Portugal will invest around 400 million euros (463 million U.S. dollars) in a package of 31 measures to bolster the ...
The Spanish Ministry of Ecological Transition (MITECO) has launched a new renewables manufacturing subsidy programme.
Portugal is seeking to empower its power grid through a potential cooperation with Morocco as part of Lisbon’s €400 million ...
Portugal announced Monday a €400 million investment plan that includes the possibility of building a direct power connection with Morocco. Portugal is looking south to Morocco as it works on cutting ...
Arabian Gulf Business Insight on MSN1d
Spanish blackouts hit profits at Mubadala-owned refiner
Spanish refiner Moeve, which is majority-owned by Abu Dhabi’s Mubadala, said earnings fell in the first half of 2025, hurt by the massive power outage in Spain and Portugal in April and a decline in ...
Plan to avoid another blackout like April's to cost €400 million; Minister announces 31 measures at press conference in ...
Portuguese authorities have announced measures to strengthen the country’s electricity system after the April 28 blackout ...
As clean energy scales up, experts say outdated grids and poor planning are turning local outages into global wake-up calls.
Environment and Energy Minister Maria Graça Carvalho said the plan would ensure that the Iberian nation of 10.6 million is ...
Firefighters in Spain and Portugal are battling wildfires ahead of an expected rise in temperatures that could worsen the ...
Matthias Saft, the chief executive officer of renewables developer BayWa r.e., will leave the company at the end of August.
Grid failures like the one experienced in Spain and Portugal are dangerous—and they’re not an isolated glitch. Such events ...