Press Releases


Galp 4Q & FY23 Results and Outlook -
Galp and Powin to build large-scale energy storage system in Portugal - The 5MW/20MWh system will help Galp to adapt its solar power production profile to its energy needs</b></p>
Third Quarter 2023 Results -
Demolition of old Matosinhos refinery starts on October 23rd - <ul> <li><strong>Galp has set up a website with up-to-date information on the various stages of the demolition process, allowing questions and requests for clarification.</strong></li> </ul>
Final Investment Decision on Green Hydrogen and HVO/SAF projects - <p>Galp has taken the final investment decision on two large scale projects to reduce the carbon footprint of the Sines refinery and of its products.</p>
Galp invests $5 million in Verdagy's green hydrogen ground-breaking technology - <ul> <li><strong>$73 million funding round enables the US company to accelerate launch of electrolyser module with potential to achieve industry&rsquo;s lowest cost and leading efficiency.</strong></li> <li><strong>Investment in Verdagy will bring important technological expertise to the projects<br /> that Galp is planning in several areas.</strong></li> </ul>
Second Quarter 2023 results -
Galp and TotalEnergies to jointly explore offshore wind opportunities in Portugal - Lisbon, June 20, 2023 — Galp and TotalEnergies agreed to jointly explore potential offshore wind opportunities in Portugal, as the country prepares to promote a plan for 10 GW of offshore wind-power capacity in the coming years.
Galp’s global open innovation program challenges startups in the energy sector - <ul> <li>Startup the Future is now calling for applications in five topics, one of which in partnership with the BMW Group.</li> <li>Funding for pilot development and passports to showcase solutions at Web Summit 2023 among the prizes for winning startups.</li> </ul>
TES and Galp to jointly explore recycling of lithium-ion battery materials in Iberia - <ul> <li><strong>TES and Galp will combine their expertise in battery-recycling, industry,<br /> and energy towards an Iberian lithium-ion battery materials circular<br /> economy platform </strong></li> </ul> <ul> <li><strong>This is a logical step in both companies&rsquo; efforts to address one of the new energy system&rsquo;s top challenges, while creating sustainable growth opportunities</strong></li> </ul>
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