by Energía Estratégica ES | Mar 4, 2025
The two projects, now under construction at the Sines refinery, represent a total investment of €650 million. The biofuels unit, financed with €250 million, will produce low-carbon fuels that are essential for decarbonising transport. The renewable hydrogen production unit, supported by €180 million in funding, is set to become one of the largest in Europe.
by Energía Estratégica ES | Feb 27, 2025
In 2024, Redeia has reached an unprecedented level of investment, allocating €1.104 billion to the expansion of the electricity grid and the integration of renewable energy sources. This effort represents a 34% increase compared to the previous year and reinforces the company’s commitment to the energy transition. Additionally, Redeia has strengthened its financial position through the sale of Hispasat, securing key resources for the deployment of strategic infrastructure until 2030.
by Energía Estratégica ES | Feb 10, 2025
The European Commission has approved more than 8 million euros for Scale Gas, a subsidiary of Enagás, to deploy six renewable hydrogen refueling stations in Spain. These will be part of the Atlantic and Mediterranean corridors of the Trans-European Transport Network (TEN-T).
March 4, 2025Galp signs a €430 million funding agreement with the EIB for its renewable hydrogen and biofuels projects in Portugal
