Welcome to a
Matchmaking on Renewable Energy in Madeira: Cooperation between Portugal and Norway - Postponed
This event has been postponed until a later time after the summer.
Portugal and Norway cooperate closely on renewable energy and business. Madeira needs more private investment in renewable energy, and Norwegian companies can contribute towards it.
The event aims to increase business cooperation on renewable energy from alternative sources. It gathers businesses with green, innovative and competitive solutions from Portugal and Norway to boost cooperation on the development, adaptation, commercialisation and scaling up of renewable energy solutions in Madeira.
It will outline the opportunities for Norwegian businesses to cooperate with Portuguese businesses in calls, tenders and projects in Madeira. It will also create a platform for networking, business opportunities and partnerships on renewable energy. There will be presentations of the financing available from Portugal, the EU and Norway, Iceland and Liechtenstein through the EEA Grants.
Participants
The participants will be businesses and business clusters with innovative green solutions from Portugal and Norway as well as regional authorities in Madeira and other entities in the energy market in Madeira.
There will be approximately 50 participants, including 10 businesses or clusters who will travel to Madeira from Norway.
Renewable Energy
The focus area is renewable energy in the Madeira Autonomous Region, including:
- increase the integration of renewable energy sources
- development of smart grids
- energy efficiency in all sectors
- energy storage and batteries
- electric mobility and charging systems for smart electric vehicles
Project financing available
The focus of the event in line with the plans for Madeira in the Portuguese Recovery and Resilience Plan: Investment TC-C14-i02 - Recuperar Portugal.
The Recovery and Resilience Fund (RRF) aims to boost the Portuguese economy as a response to the coronavirus pandemic and to implement the European Green Deal. By 2026, Portugal will invest 16,6 billion euro in the green and digital transition. The event will present the upcoming tenders on renewable energy.
The EEA Grants (EØS-midlene) finance cooperation between Portugal and Norway. See the open call for bilateral partnerships here: Portugal & Norway – Partnerships for Innovation- FBR Open Call #2 (eeagrants.gov.pt)
The Market in Madeira
Madeira Archipelago is an outermost region in Portugal with only two inhabited islands (Madeira and Porto Santo), and each one has its own isolated electric power system, i.e., there is no interconnection between them, neither between the mainland and these islands.
All the activities in the electrical sector are fully regulated by a Portuguese public entity called ERSE – Energy Services Regulatory Authority, and both Islands work on a REGULATED MARKET basis.
Currently, the Madeira Archipelago power system has several photovoltaic power plants and wind parks, besides hydro units, and an urban solid waste unit in Madeira Island. The objective is to increase the sustainability of the generation system of both islands and to contribute to their decarbonisation, namely by increasing the share of renewable energy sources, always ensuring the best quality, the most economic and the highest reliability of its power service.
Why Portugal?
See the presentation from the CEO and President of AICEP on the Portuguese market: Why Portugal?
The Norwegian Embassy in Lisbon and Innovation Norway have made a course on Portugal for Norwegian actors. The course gives an introduction to the Portuguese market, the opportunities within renewable energy and other relevant industries. See the course here: Eksport til Portugal, digitalt kurs (innovasjonnorge.no)
Green Solutions from Norway
See more on the green solutions on renewable energy from Norway: Business Norway
Norway has proven its leadership in the green battery revolution, securing the top ESG ranking in Bloomberg’s battery report for 2022. Read more: Battery Year in Review 2022: Norway tops global sustainability ranking (businessnorway.com)
Ambitious policies and a vibrant ecosystem for smart mobility solutions have given Norway an edge in electrification. Read more about smart mobility solutions: Smart mobility solutions are making zero-emission cities a reality (businessnorway.com)
Norway has highly skilled contractors across the whole process from planning to building offshore wind facilities. Read more: Norway is a global frontrunner in offshore wind (businessnorway.com)
Participation from Norway
Norwegian companies with expertise in the fields, capacity to contribute and interest in cooperation with Portugal are invited to travel to Madeira.
The participation from Norway, including travel and accommodation, will be covered with 900 euro per company.
Norwegian participants will cover the costs and be reimbursed by Innovation Norway after the event. The participants should also book flights and accommodation themselves.
Matchmaking
The matchmaking aims to connect companies from Portugal and Norway. This is an opportunity to generate new business contacts and contracts. The model is time and cost-efficient, and it results in business! Meetings are scheduled by the participant here in this online platform B2Match in advance.
Join for:
- Business cooperation on green solutions
- Partnerships, cooperation and networks
- An understanding of capacity, potential and priority for cooperation in Madeira
Norway and Portugal in the EEA and Norway Grants
The event is organised in cooperation with partners:
- The EEA Grants in Portugal
- The Portuguese ministries for environment, the sea and planning
- The Chamber of Commerce and Industry of Madeira (ACIF)
- The Norwegian Embassy in Lisbon
- The Norwegian Consulate in Madeira
- Innovation Norway
The event if financed by Norway, Iceland and Liechtenstein through the EEA and Norway Grants. Through the EEA Grants, Norway supports programmes in Portugal where Norwegian and Portuguese partners cooperate to make positive changes on the environment and the blue economy.
Follow the EEA and Norway Grants by Innovation Norway on Facebook or on LinkedIn to stay updated.
