Located in the city of Pereira Barreto, it will be the fifth-largest solar farm in Brazil and EDPR’s largest in the world Today, EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, is opening the largest solar complex in São Paulo State and the fifth largest in Brazil, with an installed capacity of … Continue reading EDP Renewables opens the biggest solar complex in São Paulo State
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Windfloat Atlantic reaches 75 GWh in its first year of operation
The project, driven by EDP Renewables through the Windplus consortium formed by OW (50:50 joint-venture between EDPR and ENGIE), Repsol and Principle Power, is the world’s first semi-submersible floating wind farm. The energy produced in the first year of full operation is enough to supply 60,000 inhabitants and avoid the emission of 33,000 tons of … Continue reading Windfloat Atlantic reaches 75 GWh in its first year of operation
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EDP Renewables signs a 15-year PPA for 297 MW of wind power in Canada
The company has closed the agreement with TransCanada Energy to sell the green energy from its Shap Hills wind farm, avoiding estimated annual emissions of 700 thousand tons of CO2. With this new PPA, EDPR now has 0.4 GW of secured capacity in Canada. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in … Continue reading EDP Renewables signs a 15-year PPA for 297 MW of wind power in Canada
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EDP Renewables signs a PPA for 127.5 MW with Procter & Gamble
For 15 years, EDPR will supply the clean energy produced in Spain to P&G, avoiding estimated annual emissions of over 130 thousand tons of CO2. Two energy parks are expected to come into operation in 2023. EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and the fourth largest renewable energy producer … Continue reading EDP Renewables signs a PPA for 127.5 MW with Procter & Gamble
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EDPR signs more than 50 solar energy projects with Walmart
The projects, ranging from rooftop to ground mount projects, generate a total of 38.3 MW of energy and are distributed across 7 USA states. Using the latest in environmental innovation, EDPR has worked with Walmart to support its commitment to pollinator friendly solar by building a ground mount solar array at its Laurens, SC distribution … Continue reading EDPR signs more than 50 solar energy projects with Walmart
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EDP Renewables’ 180 MW wind farm located in Texas starts commercial operations
The project, known as Wildcat Creek, is EDPR’s fifth operating wind farm in Texas, expands the group’s presence in the United States and will offer significant economic benefits to local communities. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, announced, through its subsidiary EDP Renewables North America LLC, that its … Continue reading EDP Renewables’ 180 MW wind farm located in Texas starts commercial operations
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EDP Renewables reaches 12.6 GW of installed capacity
The company has 2.1 GW more in its portfolio than in the same period last year. Noteworthy is the good performance of the business in Europe and Brazil as well as the good visibility of growth in the short term and the solid asset rotation strategy implemented. EBITDA amounted to EUR 654 million (-13% vs. … Continue reading EDP Renewables reaches 12.6 GW of installed capacity
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EDP Renewables secures 25-year PPA for a 200 MWac solar project in the US
The solar project is located in Arizona and is expected to enter in operation in 2023. EDPR continues improving its technological diversification and has now 2.5 GW of solar capacity secured to install until 2023. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has secured a 25-year Power Purchase Agreement … Continue reading EDP Renewables secures 25-year PPA for a 200 MWac solar project in the US
Continue readingEDPR enters the UK onshore market with a 544 MW wind and solar portfolio
The transaction has been reached through two separate agreements with the renewable energy companies Vento Ludens and Wind2. The entry in the UK onshore market is within the context of EDPR Business plan 2021-25, providing diversification and growth. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has reached agreements to … Continue reading EDPR enters the UK onshore market with a 544 MW wind and solar portfolio
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EDPR’s 198 MW wind farm located in Indiana starts commercial operations
The project, called Headwaters II, expands the company’s footprint in the US and provides economic benefits to Indiana communities. Through PPAs, the wind farm will help Facebook and Walmart reach their sustainability goals. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, through its subsidiary EDP Renewables North America LLC, has … Continue reading EDPR’s 198 MW wind farm located in Indiana starts commercial operations
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EDP Renewables sells a wind energy portfolio located in Portugal
EDPR signs asset rotation deal of a 221 MW wind power portfolio for an enterprise value of 532 million euros. The company has completed the sale to Onex Renewables of a 100% equity stake in a wind portfolio located in Portugal. This transaction will contribute with 532 million euros of asset rotation proceeds and is … Continue reading EDP Renewables sells a wind energy portfolio located in Portugal
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EDPR and AWS enter into a collaboration agreement on renewable energy PPAs
This collaboration reinforces the strong commercial relationship already in place between EDPR and Amazon. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has entered into a strategic collaboration agreement with Amazon Web Services (AWS) in relation to Power Purchase Agreements (PPA) for future wind and solar projects and the provision … Continue reading EDPR and AWS enter into a collaboration agreement on renewable energy PPAs
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EDPR and Vestas boost employment by awarding 24 training scholarships for young people living in rural areas
The multinationals EDP Renewables and Vestas close the I Edition of the “Keep it local” program through which both companies offer the possibility of taking the AEE Wind Farm Maintenance Technician course to young people living in rural areas. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer worldwide, and Vestas, a leading company … Continue reading EDPR and Vestas boost employment by awarding 24 training scholarships for young people living in rural areas
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EDPR completes asset rotation deal of a 405 MW wind energy portfolio in the US for an EV (100%) of $0.7bn
The company has completed the sale to funds managed by Greencoat Capital of a 68% equity stake in a wind portfolio located in the United States. This transaction will contribute with c.€500 million of asset rotation proceeds and is within the context of the €8bn asset rotation program for 2021-25 announced in EDPR Capital Markets … Continue reading EDPR completes asset rotation deal of a 405 MW wind energy portfolio in the US for an EV (100%) of $0.7bn
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EDPR enters Vietnam with a 28 MWac Solar PV project
The company has reached an agreement with Trina Solar to acquire the Solar PV project for a total consideration of $36m. The entry in Vietnam is within the context of EDPR Business plan 2021-25 and represents a first step towards the establishment of EDPR’s presence in Asia. EDP Renewables (Euronext: EDPR), the fourth largest renewable … Continue reading EDPR enters Vietnam with a 28 MWac Solar PV project
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First Wind Power Generation Celebration at Moray East “Only the Start”
Moray East – Scotland’s biggest wind farm has exported first power to Scotland’s national grid via its new substation south of New Deer in Aberdeenshire on June 4 2021. Future development of offshore wind energy in Scottish waters, will be enabled by Moray West, under development, and the upcoming ScotWind leasing process.Ocean Winds (OW), the … Continue reading First Wind Power Generation Celebration at Moray East “Only the Start”
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EDP Renewables enters Chile with 628 MW wind energy and solar portfolio
EDP Renewables, part of EDP group, increases its worldwide footprint with its 16th market. This expansion reinforces EDPR’s strategic presence in Latin America, where it currently has 0.4 GW of operating capacity in Brazil and it is developing 1.6 GW in the Brazilian and Colombian markets. EDP Renewables (Euronext: EDPR), a global leader in the … Continue reading EDP Renewables enters Chile with 628 MW wind energy and solar portfolio
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EDP plans to deploy more than 1 billion euros in Galicia over the next decade
This morning, the President of the Xunta de Galicia received a delegation from the energy group headed by Miguel Stilwell, CEO of the EDP Group. The company is one of the leading wind power operators in Galicia, where it operates 9 wind farms with a combined installed capacity of 264 MW. Miguel Stilwell presented EDP’s … Continue reading EDP plans to deploy more than 1 billion euros in Galicia over the next decade
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EDP Renewables starts commercial operations at ‘Reloj del Sol Wind Farm’ in Texas
EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and the world’s fourth largest renewable energy producer, through its subsidiary EDP Renewables North America LLC, has started commercial operation of the 209 MW “Reloj del Sol” wind farm. The wind farm has begun producing power in Zapata County, Texas. “Reloj del Sol” … Continue reading EDP Renewables starts commercial operations at ‘Reloj del Sol Wind Farm’ in Texas
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EDP Renewables reaches 12.5 GW of installed capacity
Financial results have been affected by the impact of weather events in Texas and lower US wind resources in the period, a situation that has been normalised since March. These externalities were reflected in EBITDA, which amounted to 269 million euros (-21% yoy), and in net profit, which reached 38 million euros (-39% yoy). Business … Continue reading EDP Renewables reaches 12.5 GW of installed capacity
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