Tag: Portugal

Greenvolt sources $437.6M in additional funding

Greenvolt sources $437.6M in additional funding

October 9, 2024 |

In Portugal, initially set at 350 million euros, Greenvolt Group has successfully upsized its syndicated financing to a total of 400 million euros, following strong interest from the financial community. This increase was supported by two additional banks, including a new corporate lending partner, bringing the total number of international lenders in the facility to […]

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Bake your own cork and algae slippers

Bake your own cork and algae slippers

September 23, 2024 |

In Portugal, designer Giestas has conceived an interesting new paradigm in footwear: biobased slippers that you “bake” at home. Dubbed Baking Vegan Slippers, the concept includes steps to turn your kitchen into a shoe factory. The “recipe” uses algae-based vegan ingredients and requires only everyday kitchen utensils. Specifically, the design uses algae-based thickener alginate for […]

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Plug signs technical evaluation phase contract for 25 MW of PEM electrolyzers for methanol project in Portugal

Plug signs technical evaluation phase contract for 25 MW of PEM electrolyzers for methanol project in Portugal

September 15, 2024 |

In New York, Plug Power has secured a contract with H2DRIVEN, a project developed by Dourogás and CapWatt, to provide Technical Evaluation Phase (TEP) support for 25 megawatts (MW) of its Proton Exchange Membrane (PEM) Electrolyzers during the Front End Engineering Design (FEED) process for their green methanol project in Portugal. The TEP offering provides […]

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White Summit Capital buys majority of Portugal’s Ferbgas

White Summit Capital buys majority of Portugal’s Ferbgas

May 21, 2024 |

In Portugal, White Summit Capital has agreed to buy a majority stake in Ferbgas Renewable, a leading independent biomethane producer in Portugal dedicated to developing, building and operating biomethane plants. Ferbgas holds a project pipeline requiring around €200 million of investment, with its first two projects on track to start operating by 2026. This project […]

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NORDSOL and Prodeval to build bio-LNG plant in southern Portugal

NORDSOL and Prodeval to build bio-LNG plant in southern Portugal

May 15, 2024 |

In Portugal, NORDSOL together with Prodeval announced their collaboration to construct a state-of-the-art bio-LNG production plant in the southern region of Portugal. The new plant will serve a prestigious industrial facility in the olive oil production sector, utilizing their organic waste to create clean, renewable energy. This groundbreaking facility, poised to commence operations in early […]

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Prio supplies first ship with B20 marine diesel

Prio supplies first ship with B20 marine diesel

February 20, 2024 |

In Portugal, Transportes y Negocios reports Prio carried out the first supply of a ship with eco-bunker biofuel in the port of Aveiro. The supply of 50 tons of eco bunker from Prio to the FWN SUN ship, owned by Schulte & Bruns Nederland BV, was carried out using a tanker truck. The B20 eco […]

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BioAdvance to open biofuels plant in Portugal

BioAdvance to open biofuels plant in Portugal

February 3, 2024 |

In Portugal, The Portugal News reported that an investment from BioAdvance is about to be opened in Figueira da Foz, which will start with a production of 20,000 tons of biofuels per year. According to the report, the plant will increase its capacity to 200,000 tons per year in two or three years. For this […]

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BioAdvance about to commission advanced biofuels facility in Portugal

BioAdvance about to commission advanced biofuels facility in Portugal

January 30, 2024 |

In Portugal, the Sapo newspaper reports BioAdvance’s EUR22 million investment in advanced biofuel production in Figueira da Foz is about to be commissioned, which will start with a production of 20,000 tons per year and within “two to three years” will increase capacity to 200,000 tons per year, projecting the Portuguese manufacturer as one of […]

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EIB lends The Navigator Company $126.7M for boiler to help decarbonize production

EIB lends The Navigator Company $126.7M for boiler to help decarbonize production

December 25, 2023 |

In Portugal, the European Investment Bank (EIB) has signed a long-term financing agreement with The Navigator Company totaling €115 million. The loan is designed to support the construction and operation of a high-efficiency recovery boiler at the Setúbal industrial complex, which is a key step in Navigator’s decarbonization roadmap. The Navigator Company is an integrated producer […]

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