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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EDP Renewables starts commercial operation of ‘Crossing Trails’ wind farm in the US
The project has a capacity of 104 MW and is located in the state of Colorado. With the commissioning of this wind farm, EDPR now has wind farms in operation in 17 US states with a total installed capacity of 6,495 MW. Tri-State, a non-profit electricity supply cooperative, is the project’s sole offtaker. EDP Renováveis, … Continue reading EDP Renewables starts commercial operation of ‘Crossing Trails’ wind farm in the US
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EDP Renewables starts operation of Serracapriola wind farm in Italy
It is one of the first wind farms of the Italian auction held in October 2019 to be connected to the grid. It has seven wind turbines and an installed capacity of 28 MW. With the commissioning of this project, EDPR’s operational capacity in Italy rises to 299 MW. EDP Renováveis, SA (“EDPR”), global leader in … Continue reading EDP Renewables starts operation of Serracapriola wind farm in Italy
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EDP Renováveis signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.
The agreement, signed with NIPSCO, enables the the development and construction of a solar park in Indiana, which is scheduled to reach COD by 2022. The deal will contribute to the 2021-25 asset rotation programme announced by EDPR at its last Capital Market’s Day. EDPR has now 2.5 GW of capacity secured in the U.S. … Continue reading EDP Renováveis signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.
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Ocean Winds announce the collaboration with TERNA ENERGY to co-develop floating offshore wind energy in Greece
OCEAN WINDS, the Joint Venture created by EDP Renewables and ENGIE, have signed a collaboration agreement with TERNA ENERGY to co-develop floating offshore wind projects in the Greek seas. OCEAN WINDS has a wide portfolio composed of 1.5 GW under construction and 4 GW under development, and with the target of reaching 5 to 7 … Continue reading Ocean Winds announce the collaboration with TERNA ENERGY to co-develop floating offshore wind energy in Greece
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EDP Renewables secures PPA for a 204 MW wind power project in the U.S.
The contract will last 15 years and the project, located in the state of Indiana, is expected to start in 2023. EDPR has now 2.3 GW of total capacity secured in the U.S. set to be operational from 2021 onwards. EDP Renewables (Euronext: EDPR), a world leader in the renewable energy sector and the world’s … Continue reading EDP Renewables secures PPA for a 204 MW wind power project in the U.S.
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EDP plans to build a floating offshore wind farm in Asturias
EDP ??plans to invest around 2,000 million euros in the period 2021-2025 and is committed to the development of floating offshore wind power off the coast of Asturias. At a press conference on the occasion of the presentation of the strategic plan of the Portuguese energy company, the financial director of the group and CEO … Continue reading EDP plans to build a floating offshore wind farm in Asturias
Continue readingEDP Renewables Profit rises 17% to 556 million euros in 2020
In the year 2020 EDPR added a total of 1,580 MW, including 486 MW from the acquisition of Viesgo’s renewables business. By the end of 2020 it managed a portfolio of operating assets with a capacity of 12.2 GW. The company has continued to successfully implement its asset disposal strategy. EDP Renewables (Euronext: EDPR), a … Continue reading EDP Renewables Profit rises 17% to 556 million euros in 2020
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EDP creates units to exploit green hydrogen and energy storage
The EDP Group has strengthened its commitment to decarbonization by launching two units that will exploit the potential of green hydrogen and energy storage systems. The H2 Business Unit (H2BU) will be the Group’s new arm for the development of green hydrogen projects, while the dedicated storage unit, built in EDPR NA, will aim to … Continue reading EDP creates units to exploit green hydrogen and energy storage
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The EIB and the BIS grant EDP Renováveis € 112 million for 125 MW of wind energy
The wind farms are located in the districts of Coimbra and Guarda, in the west and north of the country. The European Investment Bank (EIB) will provide €65 million and BPI an additional €47 million to EDP Renováveis S.A. (EDPR), one of the main producer of wind energy in the world, to finance the construction … Continue reading The EIB and the BIS grant EDP Renováveis € 112 million for 125 MW of wind energy
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EDP Renováveis completes the 100% acquisition of the renewables business of Viesgo
EDPR will acquire 100% of a portfolio of 511 MW (EBITDA + Equity MW) of renewable installed capacity in Spain (84%) and Portugal (16%). Following the information released to the market on July 15th 2020, EDP Renewables (Euronext: EDPR) — a global leader in the renewable energy field and the world’s third-largest wind energy producer … Continue reading EDP Renováveis completes the 100% acquisition of the renewables business of Viesgo
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EDP Renováveis wins 5 220 MW wind power and solar energy projects in an auction in Poland
As of today, EDPR has secured 87% of the ~7.0 GW targeted wind energy and solar global capacity build-out for the 2019-2022 period. EDP Renewables (Euronext: EDPR) — a global leader in the renewable energy field and the world’s third-largest wind energy producer — was awarded a 15-year Contract-for-Difference (“CfD”) at the Polish renewable energy … Continue reading EDP Renováveis wins 5 220 MW wind power and solar energy projects in an auction in Poland
Continue readingEDP Renewables signs 63 MW PPA with Novartis
EDP Renewables, SA (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renovables España S.L.U., has secured a 15-year Power Purchase Agreement (“PPA”) with Novartis, a global medicines company, to sell electricity to be produced by a portfolio of 63 MW of … Continue reading EDP Renewables signs 63 MW PPA with Novartis
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EDP Renováveis reached an agreement in Greece for the joint-development of wind energy
The agreement envisages the joint development of a wind power portfolio with a capacity of 900 MW. EDP Renováveis, S.A. (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, announces it reached an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development … Continue reading EDP Renováveis reached an agreement in Greece for the joint-development of wind energy
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EDPR secures a PPA for two solar power projects in the U.S.
With this new agreement, EDPR has now secured 85% of the ~7.0 GW targeted wind energy and solar power global capacity build-out for 2019-2022 period. DP Renováveis, SA (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP Renewables North America … Continue reading EDPR secures a PPA for two solar power projects in the U.S.
Continue readingGCX index acknowledges EDP Renewables among the 50 global companies most committed to sustainability
The index, compiled up by Boersen AG, includes EDP Renewables thanks to its contribution to mitigating climate change and promotion of renewable energies in emerging markets. This recognition comes after the firm’s inclusion in the FTSE4Good, Dow Jones Sustainability, CDP and Forum Ethibel indexes. EDP Renewables (EDPR), a global leader in the renewable energy sector … Continue reading GCX index acknowledges EDP Renewables among the 50 global companies most committed to sustainability
Continue readingEDP Renewables announces $700m Sell-down deal for a wind energy and solar power portfolio in North America
EDP Renewables, SA («EDPR»), a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a wind and solar portfolio located in the United States with 563 MW … Continue reading EDP Renewables announces $700m Sell-down deal for a wind energy and solar power portfolio in North America
Continue readingEDP Renewables 1H 2020 results
EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has today announced that, as of June 30, the company managed a portfolio of operating assets of 11.4 GW, with average age of 9 years, spread over 11 countries, of which 10.9 GW are … Continue reading EDP Renewables 1H 2020 results
Continue readingEDP Renewables announces €500m asset rotation deal for onshore wind power assets in Spain
EDP Renewables, SA («EDPR»), a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement worth a total of 426 million euros with Finerge S.A., one of Portugal’s largest renewable energy producers, for practically the entire stake owned by EDPR … Continue reading EDP Renewables announces €500m asset rotation deal for onshore wind power assets in Spain
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