Acquired from Tupa Energy, the project will provide 2 hours of storage capacity and will contribute with 50 MW of capacity; With this project, the company will support the grid resilience by providing stability and reliability and will allow for an increased penetration of renewables in the generation mix. EDP Renewables (Euronext: EDPR), a leading … Continue reading EDP Renewables secures its first stand-alone battery storage project in Europe
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EDP Renewables will build one of the largest hybrid PV and wind energy plant in Chile
EDPR will build one of the largest hybrid farms in Latin America that will combine wind and photovoltaic energy production in the commune of Taltal; The company has more than 500 MW of renewable energy in different stages of development in the country and is aligned with the national energy transition objectives. EDP Renewables, a … Continue reading EDP Renewables will build one of the largest hybrid PV and wind energy plant in Chile
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European Commission selects EDP projects for European Union Innovation Funds
The Commission selected GreenH2Atlantic, which will install around 100 MW of electrolyzers in Sines, and Asturias H2 Valley, which will transform Spain’s Aboño plant and include 150 MW of electrolyzers. The Innovation Fund, which is highly competitive, only selected 13 projects in the Industry Electrification and Hydrogen category. Two of EDP’s main green hydrogen initiatives, … Continue reading European Commission selects EDP projects for European Union Innovation Funds
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EDP Renewables receives authorization to commission Spain’s first wind-solar hybrid project
EDP Renewables has been granted permission to operationalize Spain’s inaugural hybrid project that combines wind and solar power generation at a single location. This installation is situated adjacent to the Cruz de Hierro wind farm in Santa María del Cubillo, Ávila. Through its subsidiary, Parque Eólico Altos del Voltoya, in which the Institute for Energy … Continue reading EDP Renewables receives authorization to commission Spain’s first wind-solar hybrid project
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Google chooses Kronos Solar EDP Renewables for long-term energy contract in The Netherlands
Kronos Solar EDPR, a solar developer company based in Germany that is majority owned by EDPR, has signed a long-term PPA with Google to offtake part of the production of clean energy by four photovoltaic plants that Kronos Solar EDPR is developing in The Netherlands. This agreement is the first PPA secured by Kronos Solar … Continue reading Google chooses Kronos Solar EDP Renewables for long-term energy contract in The Netherlands
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EDPR will issue an tender to build a 5MW Electrolyzer to be located in Carregado near Lisbon
EDP Group plans to build a 5 MW Green Hydrogen Plant in Portugal and will approach the Electrolyzer market to purchase equipment and services for such plant to be started up until the end of 2024. EDPR plans to issue during May an tender to acquire a PEM technology Hydrogen production and respective balance of … Continue reading EDPR will issue an tender to build a 5MW Electrolyzer to be located in Carregado near Lisbon
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EDP Renewables over equipped its largest wind farm in Portugal
The Alta da Coutada Wind Farm has been over equipped with state-of-the-art wind turbines, increasing its installed capacity to 187 MW, which further accelerates the country’s energy transition. This project was already EDP Renewables’ largest in Portugal and will now be able to provide enough clean energy to power 130,000 homes. Six state-of-the-art wind turbines … Continue reading EDP Renewables over equipped its largest wind farm in Portugal
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EDP Renewables’ EBITDA increases 14% in the first quarter of the year
EDP Renewables is moving forward with its 2023-2026 Business Plan to lead the energy transition through an acceleration of investment and sustainable growth. In the first quarter of 2023, EDPR’s gross investment amounted to €1 billion, with more than 80% of its Capex invested in Europe and North America, reflecting EDPR’s growth with 1.7 GW … Continue reading EDP Renewables’ EBITDA increases 14% in the first quarter of the year
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Google and EDP Renewables sign framework to develop 650MWp of distributed solar energy in the USA
Framework agreement signed between technology giant and leading renewable energy company focuses on the development of around 650 MWp (500 MWac) in local energy communities across six US States; Companies will promote environmental justice through an initiative that provides benefits to nearly 25,000 low-to-moderate income families. Google and EDP Renewables (EDPR), through EDPR NA Distributed … Continue reading Google and EDP Renewables sign framework to develop 650MWp of distributed solar energy in the USA
Continue readingEDP Renewables ramps up clean energy production in the first quarter of 2023
EDP Renewables (EDPR) takes a step forward to assert itself as a leader in the energy transition and enlarged its installed capacity and clean energy production worldwide, with the energy produced in LATAM contributing to more than 10% of the total for the first time since EDPR started operating in the region. In the first … Continue reading EDP Renewables ramps up clean energy production in the first quarter of 2023
Continue readingEDP Renewables and Vestas join forces to boost local employment in Southern Italy
The two companies launch the ‘Keep it Local’ program which offers 20 young people from Southern Italian regions professional training in the wind energy sector. EDP Renewables (Euronext: EDPR), the fourth largest wind and solar energy producer worldwide with a presence in 28 markets, and Vestas, a leading company in the manufacture, sale, installation, and … Continue reading EDP Renewables and Vestas join forces to boost local employment in Southern Italy
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Ocean Winds will contract Navantia Seanergies floating platforms and other elements for offshore wind farms
The agreement foresees the construction of between eight and twelve floating foundations per year between 2027 and 2031, supporting 1,000 direct jobs in Fene and Puerto Real. Ocean Winds, an offshore wind energy company based in Madrid and created as a joint venture between EDPR and ENGIE, has signed a reserved capacity agreement with Navantia … Continue reading Ocean Winds will contract Navantia Seanergies floating platforms and other elements for offshore wind farms
Continue readingKronos Solar EDPR begins construction of its first two projects in The Netherlands
Kronos Solar EDPR, a solar developer company based in Germany that is majority owned by EDPR, has started the construction of two photovoltaic projects in The Netherlands. These are EDP Renewables’ first projects in The Netherlands and also one of the first projects through Kronos Solar. Both located in Berkelland Municipality, in the centre-east province … Continue reading Kronos Solar EDPR begins construction of its first two projects in The Netherlands
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EDPR and Vestas will award scholarships to young people living in rural areas in the 3rd Edition of its “Keep it Local” program
EDP Renewables (EDPR), the world’s fourth-largest wind and solar energy producer, and Vestas, the leading company in the manufacture, sale, installation and maintenance of wind turbines, are launching the 3rd Edition of the ‘Keep it Local’ program to provide training scholarships for young people in low-population density areas in A Coruña, Albacete, Asturias, Burgos, Cantabria, … Continue reading EDPR and Vestas will award scholarships to young people living in rural areas in the 3rd Edition of its “Keep it Local” program
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EDPR and Invest Alberta Sign Agreement Aimed at Expanded Renewable Energy Investment in Alberta, Canada
EDP Renewables North America LLC (EDPR NA) and Invest Alberta Corporation (IAC) signed a memorandum of understanding (MOU) at S&P Global’s CERAWeek committing both parties’ collaboration in spurring economic growth and high-quality job creation within the renewable energy sector in Alberta. As outlined in this MOU, EDPR NA plans to continue the development of three … Continue reading EDPR and Invest Alberta Sign Agreement Aimed at Expanded Renewable Energy Investment in Alberta, Canada
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EDPR scales up global ambition with growth plan of more than 4GW/year
EDPR will invest 20 billion euros until 2026 to boost renewable additions, forecasting to add more than 4GW per year in capacity during this period and doubling installed capacity in Solar Utility Scale and Wind. Growth partially funded by a 1bn capital increase. EDPR today presented its revised Business Plan 23-26 in London, forecasting … Continue reading EDPR scales up global ambition with growth plan of more than 4GW/year
Continue readingEDP Renewables recurring net profit increased 2% in 2022
EDPR invested over five billion euros in 2022 to accelerate the energy transition, almost doubling gross investment year-on-year. Renewable generation growth and asset rotations completed contributed to recurring net profits of €671 million. EDP Renewables (EDPR), the fourth largest producer of wind and solar energy globally, ended 2022 with a 2% growth in its net … Continue reading EDP Renewables recurring net profit increased 2% in 2022
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EDP Renewables and MYTILINEOS sign a 78 MW wind PPA
EDP Renewables (“EDPR”) and MYTILINEOS – Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) signed a long-term Power Purchase Agreement (PPA) for the green energy produced from a 78 MW wind portfolio. This is EDPR’s first PPA in Greece and a first for MYTILINEOS, concerning energy generated from a wind portfolio. The deal … Continue reading EDP Renewables and MYTILINEOS sign a 78 MW wind PPA
Continue readingEDP Renewables inaugurates in Brazil its largest wind energy complex
The complex with 14 wind farms has a total installed capacity of 580 MW and could produce enough energy to supply more than 1.5 million people per year. EDP Renewables, a subsidiary of the EDP Group and the fourth largest generator of wind and solar energy in the world, has just inaugurated in Brazil the … Continue reading EDP Renewables inaugurates in Brazil its largest wind energy complex
Continue readingEDPR adds 2.1 GW of wind and solar power in 2022, increasing its portfolio to 14.7 GW worldwide
EDP Renewables (EDPR) remains on track to lead the energy transition and increased in 2022 its installed capacity in renewable projects, its investment in multiple technologies and its clean energy production. Thus, in its 2022 year-end operational data, the company has reached a total installed capacity of 14.7 GW in renewable assets, which is 1.2 … Continue reading EDPR adds 2.1 GW of wind and solar power in 2022, increasing its portfolio to 14.7 GW worldwide
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