French companies have been increasingly investing in Portugal's green energy and water sectors, reflecting the deepening collaboration between the two nations in renewable energy development. A prominent example is the H2Med project, which aims to establish a green energy corridor between the Iberian Peninsula and France, enabling the production and transportation of green hydrogen. This project, leveraging Portugal's solar and wind resources, positions the region as a significant exporter of green energy to Europe. Several major French corporations, such as EDF and Engie, are leading investors in Portugal's renewable energy initiatives. Engie, in particular, has been actively involved in developing wind and solar power projects, helping Portugal meet its ambitious renewable energy goals. These investments align with the Portuguese strategy of achieving substantial reductions in carbon emissions and increasing the share of renewables in the country's energy mix. Portugal’s commitment to becoming a green energy hub, along with partnerships in biofuel and water management, makes it an attractive destination for French companies aiming to contribute to Europe's broader energy transition efforts. These joint initiatives not only aim to boost the energy transition but also foster economic growth and job creation in both countries. #cleanenergy #portugal #france
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Portugal: a leader in renewable energy 🌍 ⚡🚀 With 83% of its electricity generated from renewable sources in 2023, Portugal continues solidifying its position as a leader in the green energy transition. Pedro Amaral Jorge, President of the Portuguese Renewable Energy Association (APREN - Associação Portuguesa de Energias Renováveis), highlights the country's strong technical expertise, regulatory stability, and commitment to innovation as key drivers of this success. Portugal is well to achieving 93% renewable energy by 2030💡. Offshore wind energy, with plans for 2 gigawatts of capacity by 2030, represents a significant opportunity for further growth, reinforcing Portugal's global leadership in renewable energy. Beyond environmental benefits, this sector is also a major economic force. In 2023, the renewable energy industry contributed €3.7 billion to Portugal's GDP, and by 2030, this impact is expected to grow to €17 billion, creating thousands of new jobs. The renewable energy revolution is powering the country and driving economic prosperity. 💼🌱 Read the full interview in Portugalglobal Magazine 👉 https://lnkd.in/d-VY6uGj #RenewableEnergy #Portugal #Sustainability #OffshoreWind #EnergyTransition #Investment
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Portugal: a leader in renewable energy 🌍 ⚡🚀 With 83% of its electricity generated from renewable sources in 2023, Portugal continues solidifying its position as a leader in the green energy transition. Pedro Amaral Jorge, President of the Portuguese Renewable Energy Association (APREN - Associação Portuguesa de Energias Renováveis), highlights the country's strong technical expertise, regulatory stability, and commitment to innovation as key drivers of this success. Portugal is well to achieving 93% renewable energy by 2030💡. Offshore wind energy, with plans for 2 gigawatts of capacity by 2030, represents a significant opportunity for further growth, reinforcing Portugal's global leadership in renewable energy. Beyond environmental benefits, this sector is also a major economic force. In 2023, the renewable energy industry contributed €3.7 billion to Portugal's GDP, and by 2030, this impact is expected to grow to €17 billion, creating thousands of new jobs. The renewable energy revolution is powering the country and driving economic prosperity. 💼🌱 Read the full interview in Portugalglobal Magazine 👉 https://lnkd.in/d-VY6uGj #RenewableEnergy #Portugal #Sustainability #OffshoreWind #EnergyTransition #Investment
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Portugal: a leader in renewable energy 🌍 ⚡🚀 With 83% of its electricity generated from renewable sources in 2023, Portugal continues solidifying its position as a leader in the green energy transition. Pedro Amaral Jorge, President of the Portuguese Renewable Energy Association (APREN - Associação Portuguesa de Energias Renováveis), highlights the country's strong technical expertise, regulatory stability, and commitment to innovation as key drivers of this success. Portugal is well to achieving 93% renewable energy by 2030💡. Offshore wind energy, with plans for 2 gigawatts of capacity by 2030, represents a significant opportunity for further growth, reinforcing Portugal's global leadership in renewable energy. Beyond environmental benefits, this sector is also a major economic force. In 2023, the renewable energy industry contributed €3.7 billion to Portugal's GDP, and by 2030, this impact is expected to grow to €17 billion, creating thousands of new jobs. The renewable energy revolution is powering the country and driving economic prosperity. 💼🌱 Read the full interview in Portugalglobal Magazine 👉 https://lnkd.in/d-VY6uGj #RenewableEnergy #Portugal #Sustainability #OffshoreWind #EnergyTransition #Investment
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As Europe transitions to sustainable energy, Denmark stands out as a leader in offshore wind power, driven by strategic investments and technological advancements. Its commitment to sustainability and innovation has positioned the country as a global pioneer, offering valuable insights for emerging markets like Southeast Asia, where the push for renewable energy is gaining momentum. Drawing on its experience in the North Sea as a testing ground for wind energy solutions, Denmark serves as a model for other regions aiming to accelerate their renewable energy transitions. #OffshoreWind #Denmark #SustainableEnergy #RenewableEnergy #EnergyTransition #Innovation #NorthSea #CleanEnergy #SoutheastAsia #GlobalLeadership #WindEnergyPioneer GAC Group
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Portugal: a leader in renewable energy 🌍 ⚡🚀 With 83% of its electricity generated from renewable sources in 2023, Portugal continues solidifying its position as a leader in the green energy transition. Pedro Amaral Jorge, President of the Portuguese Renewable Energy Association (APREN - Associação Portuguesa de Energias Renováveis), highlights the country's strong technical expertise, regulatory stability, and commitment to innovation as key drivers of this success. Portugal is well to achieving 93% renewable energy by 2030💡. Offshore wind energy, with plans for 2 gigawatts of capacity by 2030, represents a significant opportunity for further growth, reinforcing Portugal's global leadership in renewable energy. Beyond environmental benefits, this sector is also a major economic force. In 2023, the renewable energy industry contributed €3.7 billion to Portugal's GDP, and by 2030, this impact is expected to grow to €17 billion, creating thousands of new jobs. The renewable energy revolution is powering the country and driving economic prosperity. 💼🌱 Read the full interview in Portugalglobal Magazine 👉 https://lnkd.in/d-VY6uGj #RenewableEnergy #Portugal #Sustainability #OffshoreWind #EnergyTransition #Investment #AICEP #aicepuae #InvestinPortugal #BusinessMatchMaking #PortugalOpenForBusiness aicep Portugal Global
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🎉 REZOLV’S BIGGEST PPA SO FAR IN ROMANIA IS SIGNED! 🎉 Actis-backed Rezolv Energy has signed another major Virtual Power Purchase Agreement (VPPA), this time with A2A, an Italian group active in the energy, water and environment sectors. Here are the headlines: 📝 Through the VPPA, A2A will buy 150 GWh of renewable energy per year for seven years 💪 The renewable energy generated, which could power around 73,000 households annually, will help avoid almost 63,000 tonnes of CO2 emissions 🏅 This is the sixth VPPA that Rezolv has signed since June. Together, these VPPAs equate to 460 GWh per year – more PPA capacity than any other developer has secured in South Eastern Europe 👷 It will help enable the construction of the first phase of the 461MW ‘VIFOR’ wind farm, which Rezolv is building in Buzău County, Romania 💨 Phase 1 of the VIFOR project will install 192MW in capacity – Phase 2 will make a further 700GWh available to corporate buyers Alastair Hammond, Rezolv’s CEO, said: “Virtual Power Purchase Agreements are still a relatively new concept in South Eastern Europe but they are becoming an increasingly important facilitator of the energy transition. In this case, we can simultaneously contribute to decarbonisation objectives and help Romania meet its climate targets. It’s a win-win.” Korpanec, Jaroslava, Partner and Head of Central and Eastern Europe, Energy Infrastructure at Actis, said: “The momentum around Rezolv’s VIFOR wind farm in Romania continues with yet another VPPA signing. Once again, this demonstrates the strong demand for clean, renewable energy that exists in the C&I market as businesses look to decarbonise and meet their net zero targets. Congratulations to the Rezolv team for getting these agreements over the line while powering on with the development of its projects.” The full story is here: https://lnkd.in/d3EcbSPA #EnergyTransition #RenewableEnergy #cleanpower #sustainability #PPA #VPPA #CEE #SEE
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Investment in renewable energy is not just an option; it's a necessity for a sustainable future. Romania's renewable energy sector, particularly solar PV and Battery Energy Storage Systems (BESS), is at the forefront of this transformation. The commitment to expand solar PV installations and integrate BESS projects highlights Romania's proactive approach in harnessing clean energy. These investments are crucial for enhancing energy security, supporting grid stability, and propelling the country towards its 2030 decarbonisation objectives. But what sets Romania apart in the renewables market? It's the strategic blend of policy support, geographical advantage, and a growing ecosystem of expertise. This combination makes Romania's renewable sector ripe for investment, innovation, and growth. The advancement in solar PV and BESS underscores the pivotal role these technologies play in Romania's energy transition. It's not just about generating renewable energy; it's about creating a resilient, efficient, and sustainable energy system for future generations. What do you think is the next big step for Romania in renewable energy adoption? #RenewableEnergy #SolarPV #BESS #SustainableInvestment
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