BlueFloat Energy, Greenvolt to Jointly Tackle Offshore Wind Projects in Portugal

(OW) Spain-headquartered BlueFloat Energy and Greenvolt have joined forces to develop offshore wind projects in Portugal. According to the partners, Portugal holds great potential for offshore wind, which is now recognised by the national policymakers who seek to unlock the potential of this technology to deliver on the country’s decarbonisation targets. Portugal has recently identified... Continue Reading →

Sweden’s Vattenfall posts flat Q1 operating profit, benefits from lower hedging

(Reuters) - Swedish utility Vattenfall on Thursday reported a largely unchanged underlying operating profit for the first quarter, supported by its heating and energy trading arms, offsetting lower contributions from its wind business. Underlying operating profit before interest and tax (EBIT) at the state-owned energy group stood at 9.5 billion Swedish crowns ($922.50 million), unchanged... Continue Reading →

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