Cleantech

Portuguese pulp mill developer pushes energy self-sufficiency argument to revive €1 billion Galicia project

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Greenfiber, a subsidiary of Portuguese multinational Altri, presented new arguments to unblock its €1 billion industrial pulp mill project in Palas de Rei, Galicia. The company claims the future factory is energy self-sufficient and proposes alternative power supply solutions including cogeneration systems. This move contests the Galician authorities’ decision from February to archive the project due to lack of guaranteed electrical supply.

EDP Renováveis to Exit Brazil Operations Through €683 Million Sale to Parent Company

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EDP announced the integration of EDP Renováveis Brasil (1.8 GW installed capacity: 1.1 GW onshore wind and 0.7 GW solar utility scale) into its subsidiary EDP Brasil for approximately 4.1 billion reais (€700 million equity value, €1.5 billion enterprise value). This restructuring allows EDPR to concentrate on higher-growth markets in the US and Europe, increasing the weight of A-rated markets from 90% to over 95% of EBITDA. The transaction is expected to close by end of 2026.

Munich Agri-PV Startup Feldwerke Secures €12 Million Credit Facility to Expand Solar Portfolio

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Munich-based agri-PV startup Feldwerke secured €12 million in revolving credit facility financing from a French renewable energy debt fund. The facility will enable Feldwerke to construct approximately 100 MW of agrivoltaic installations over the next 18 months. Founded in 2023, Feldwerke has already installed over 20 MW of capacity and aims to reach 1 GW by 2030.

Swedish Startup Transforms Coastal Seagrass into Sustainable Textiles with €300k Pre-Seed Round

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Salt & Fiber, a Malmö-based ClimateTech startup, has secured €300k in pre-Seed funding to scale its technology that transforms beach-cast seagrass into sustainable textile yarns. The company simultaneously launched a €45,000 crowdfunding campaign. The solution addresses coastal waste management (municipalities currently landfill seagrass) and the sustainability challenges of conventional textile production by creating biodegradable, plant-based fibres that require no fresh water, fertilizers, or land. The company is in pilot production, has a supply agreement with a Swedish municipality, and is part of the Älmhult x IKEA incubator, targeting commercialization between 2027-2028.

Engie unveils hybrid renewable energy projects across northeastern Portugal

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Engie presented hybridization projects combining wind and solar energy with existing hydroelectric facilities in northeastern Portugal. The project involves a 157.5 MW wind park at Picote and three solar projects totaling 354 MWp capacity at Bemposta, Baixo Sabor, and Foz Tua facilities. Portugal’s Environment and Energy Minister emphasized the importance of community involvement and transparency in renewable energy development.

Portuguese holding company Semapa reports 513.3 million euros in Q1 profits from cement division sale

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Portuguese holding company Semapa reported Q1 2026 results showing 513.3 million euros in profits, primarily from the sale of cement company Secil for 1.4 billion euros. Operating performance declined with consolidated revenue at 478.4 million euros (down 14.1%) and EBITDA contracting 40.7% to 70.9 million euros. The company invested 102.9 million euros, including reinforced investment in Gropyus and new investments in CarbonRe and Sybilion through its venture capital arm Semapa Next.

Italian Water Treatment Specialist Iride Acque Secures €3 Million Investment from Credem Euromobiliare Private Asset

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Iride Acque, a company specialized in industrial water treatment, received a 3 million euro investment from Credem Euromobiliare Private Asset. The investment marks an important step in building a structured industrial group in the industrial water treatment sector. The company has already acquired Biemme Engineering in 2023 and Bieffe Costruzioni in this operation, creating a vertically integrated group covering design, installation, maintenance and remote management of water treatment plants.

EDP’s CFO Charts Course Through Energy Transformation, Receives Industry Recognition

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Rui Teixeira, CFO of EDP, discusses the challenges of managing a capital-intensive energy business amid volatile geopolitical and macroeconomic conditions. He emphasizes the need for CFOs to be active agents of change in the digital transformation era, particularly regarding AI adoption and employee empowerment. EDP has announced a 12 billion euro investment plan through 2028 and maintains 80% of debt with fixed interest rates.

Milan’s Gruppo Cap Approves €1 Billion Water Infrastructure Plan Through 2037

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Gruppo Cap, the integrated water utility serving the Milan metropolitan area, approved a major industrial plan update through 2037 with total investments reaching over 1 billion euros by 2033. The plan focuses on infrastructure modernization, climate resilience, emerging micropollutant management, digitalization and cybersecurity. The company reported 2025 revenues of 500.5 million euros with 36.4 million euros net profit.