Tag Archives: EDP Renewables

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

Continue reading

EDP Renewables and Vestas receive over 120 applications for the ‘Keep it local’ program

24 best participants in the project will receive a scholarship for the Wind Farm Maintenance Engineer course offered by the AEE (Spanish Wind Power Association). The companies have received 127 applications to take part in the program. EDP Renewables (Euronext: EDPR), a world leader in the renewable energy sector and one of the most important … Continue reading EDP Renewables and Vestas receive over 120 applications for the ‘Keep it local’ program

Continue reading

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

Continue reading

EDP Renewables and MSD sign long-term 40 MW PPA for a wind power project in Spain

The contract duration is 15 years and the project, located in Albacete, is expected to start operations in 2023.  EDP Renewables, a world leader in the renewable energy sector and the world’s third largest wind power producer, has signed a 15-year power purchase agreement (PPA) with pharmaceutical company MSD (tradename of Merck & Co., Inc., … Continue reading EDP Renewables and MSD sign long-term 40 MW PPA for a wind power project in Spain

Continue reading

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

Continue reading

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.

Continue reading

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

Continue reading

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.

Continue reading

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 reading

EDP 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

Continue reading

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

Continue reading

EDPR is awarded with 187 MW at the Spanish & Italian renewable auctions

The awards achieved in both auctions will consolidate EDPR’s portfolio in Spain and Italy and will allow its participation in the boost of the green energy that is expected in these markets over the next decade. EDPR, a world leader in the renewable energy sector and the third largest wind energy producer in the world, … Continue reading EDPR is awarded with 187 MW at the Spanish & Italian renewable auctions

Continue reading

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

Continue reading

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

Continue reading

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 reading

EDP Renováveis commissions Spain’s largest wind turbines in Burgos

EDPR is developing the Quintanilla II wind farm, which will feature three wind turbines spanning a height of 199.9 metres. The Spanish renewable energy sector has witnessed a new engineering milestone. EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has received the … Continue reading EDP Renováveis commissions Spain’s largest wind turbines in Burgos

Continue reading

EDPR secures a 74 MW solar project in the U.S. with a PPA

With this new agreement, EDPR has now secured 87% of the ~7.0 GW targeted wind energy and solar global capacity build-out for 2019-2022 period. EDP 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 LLC, … Continue reading EDPR secures a 74 MW solar project in the U.S. with a PPA

Continue reading

EDP 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

Continue reading

EDP Renewables 9M 2020: net profit reaches €319 million

EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world, announced today its results for the first nine months of 2020. As of September 29, the company operates a portfolio totalling 11.5 GW, of which 11 GW are fully consolidated and 560 … Continue reading EDP Renewables 9M 2020: net profit reaches €319 million

Continue reading

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 reading