In Portugal, a biotech company has raised €5 million (US $5.7 million) to develop and scale its precision-fermented human milk proteins. The funding for PFx Biotech is comprised of a €2.5 million seed round closely following an EU grant of €2.5 million. PFx Biotech uses precision fermentation to produce human milk proteins for advanced nutrition. […]
In Spain, Repsol has surpassed 1,000 service stations offering 100% renewable Nexa Diesel in the Iberian Peninsula, with currently 998 in Spain and 63 in Portugal. This milestone confirms the company’s commitment to renewable fuels, expanding the range of technologies available for customer mobility. 100% renewable Nexa Diesel is the highest-end premium fuel on the […]
In Portugal, On March 21, RNM and bp Portugal inaugurated a logistics terminal for state-of-the-art fuels and advanced biofuels at the Port of Aveiro. Strategically located in the Center-North region of Portugal and with strong premises for the reception, storage, additives and incorporation of biofuels, this logistics and industrial infrastructure is prepared to function as […]
In Portugal, winners of the first auction of renewable gases, biomethane and renewable hydrogen, financed through the Environmental Fund, committed to a maximum period of 36 months, after the date of granting the aid, for the first injection of renewable gases into the National Gas System (SNG). As announced by the Directorate General of Energy […]
In Portugal, European Investment Bank (EIB) has granted a €430 m loan for the construction of two key projects aimed at transforming Galp’s Sines Refinery, making a crucial contribution for the decarbonization of heavy-duty road transport and aviation. Galp is developing the Biofuels unit, already at a construction stage, in partnership with Japan’s Mitsui, as […]
In Portugal, Jornal de Negocios reports the government – through the voices of the Minister of Environment and Energy, Maria da Graça Carvalho, and the Secretary of State for Tax Affairs, Cláudia Reis Duarte – defended in Parliament this Wednesday its decision to end the exemption regime that was in force in the country for […]
In Portugal, El Periodico de la Energia reports Galp’s refinery in the town of Sines, some 164 kilometers south of Lisbon, has received three reactors for the production of advanced biofuels, the company reported. The reactors have a total weight of more than 500 tons and have already been unloaded at the port of Sines […]
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 […]
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 […]
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 […]
