Alcoutim had a place in the sun, now the future is hazy: how the owner of the country's largest solar power plant reached insolvency
Expresso27 August 2026 at 06:45
Welink, the Portuguese company that owns the country's largest solar plant, faces an uncertain future after entering insolvency proceedings, at a time when the renewable energy sector is going through financial difficulties. The company, which was once pointed out as a success of the national energy sector, is now seeking approval for a wind farm project that could help its restructuring and financial recovery, in a scenario marked by regulatory challenges and economic pressures.
Portugal is going to buy 75 armored vehicles from Spain for the marines, in an investment of 120 million euros fully funded by the European Union. The first vehicles, manufactured in Spain, should start arriving in the country next year.
A lawyer specializing in Labor Law warned that the repositioning of technicians and the consequent review of salary scales with repayment of wages is legally questionable and raises serious legal doubts. According to the specialist, jurisprudence has been favorable to workers in these matters, suggesting that employers face significant risks in case of litigation.
Fosun, a shareholder of Fidelidade and BCP, achieved a profit of approximately 217 million euros in the first half of the year, more than doubling (160.3%) the net result compared to the same period last year, totaling 1,700 million renminbi yuan.
A lawyer stated that the repositioning of higher education technicians, several years after their binding to the Ministry of Education's staff, is legally questionable, adding that previous judicial decisions have been favorable to the workers.
