Tag Archives: EDP Renewables

EDP Renewables acquires solar development platform based in Germany

The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH. EDP Renewables has reached an agreement to acquire a 70% stake in Kronos Solar Projects GmbH (“Kronos”), a solar developer company based in Germany. Kronos is currently fully owned by its Founders, which will retain … Continue reading EDP Renewables acquires solar development platform based in Germany

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EDP Renewables reaches a net profit of 265 million euros

Capacity under construction has reached record levels of 3.2 GW, with 1.8 GW of wind energy and 1.3 GW of solar power. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has reaffirmed the positive business trend it has reported since the beginning of the year, achieving a net profit of … Continue reading EDP Renewables reaches a net profit of 265 million euros

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EDP plans to invest €1.5 billion in renewable projects in the ocean by 2025

The Group continues to reinforce its leadership role in the energy transition by promoting the development of new offshore wind capacity. EDP will participate in the UN Ocean Conference, which will take place next week, conveying its investment strategy and sustainability commitments through various events. EDP plans to invest 1.5 billion euros in the development … Continue reading EDP plans to invest €1.5 billion in renewable projects in the ocean by 2025

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EDPR celebrates Global Wind Day by raising awareness on the importance of this renewable wind energy source

Seeking to protect the environment and work towards a more sustainable world, this year EDPR has extended the celebrations of Global Wind Day to one week with various events in the markets in which it operates. June 15 is Global Wind Day, a celebration that was started in 2007 by the European Wind Energy Association … Continue reading EDPR celebrates Global Wind Day by raising awareness on the importance of this renewable wind energy source

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EDPR and Vestas boost youth employment in rural areas of Spain

The renewable energy multinational corporations have celebrated the closure of the II Edition of Keep it Local, the program that has already offered more than half a hundred scholarships to youngsters living in rural areas.  EDP Renewables (Euronext: EDPR), the world’s fourth largest wind energy producer, and Vestas, a leading company in the manufacture, sale, … Continue reading EDPR and Vestas boost youth employment in rural areas of Spain

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EDPR launches ‘Keep it Local’ program to boost employment in rural areas in Rio Grande do Norte

Developed in collaboration with SENAI, will see 25 scholarships awarded to subsidize qualification courses in photovoltaic systems given by SENAI Rio Grande do Norte. With a strong presence in the state of Rio Grande do Norte, EDP Renováveis (Euronext: EDPR), the world’s fourth largest producer of renewable energy is launching ‘Keep it Local’ in Brazil, … Continue reading EDPR launches ‘Keep it Local’ program to boost employment in rural areas in Rio Grande do Norte

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EDP Renewables secures PPAs for a 124 MW wind farm in Brazil

The company has been awarded with two 15-year PPAs to sell the clean energy produced by 93 MW out a total 124 MW capacity of a new wind project. With these new PPAs, EDPR has now 2.2 GW of capacity secured in South America and an overall secured capacity of 9.8 GW for 2021-25. EDP … Continue reading EDP Renewables secures PPAs for a 124 MW wind farm in Brazil

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EDPR enters into agreement with Lhyfe to foster renewable hydrogen

Upon the successful completion of the capital increase carried out by Lhyfe in the initial public offering and listing on the regulated market of Euronext in Paris, EDPR entered into an agreement with the French company to jointly identify, develop, build, and manage renewable hydrogen production projects. EDP Renewables (Euronext: EDPR), the world’s fourth largest … Continue reading EDPR enters into agreement with Lhyfe to foster renewable hydrogen

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Ocean Winds Submits Bid for Hollandse Kust West tender

Ocean Winds, an international offshore wind energy company created by EDP Renewables (EDPR) and ENGIE (50:50), has submitted a bid to the Dutch Government for the Hollandse Kust West (HKW) Wind Farm Zone Site VI and as such the right to develop around 790 MW of offshore wind capacity.  Located at a 53 km distance … Continue reading Ocean Winds Submits Bid for Hollandse Kust West tender

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EDP Renewables has added a total of 465 MW in wind power and solar capacity

The increased capacity is primarily due to the successful integration of Sunseap assets, which now represent 3% of the EDPR’s portfolio. EDP Renewables (Euronext: EDPR), the fourth largest renewable energy producer in the world, has reached a net profit of 66 million euros in the first quarter of 2022, 75% above the previous year. This … Continue reading EDP Renewables has added a total of 465 MW in wind power and solar capacity

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EDPR and Bristol Myers Squibb execute PPA for the Cattlemen Solar Park

EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Bristol Myers Squibb (NYSE: BMY) have executed a 15-year power purchase agreement (PPA) for 60 megawatts (MW) at the 240-MW Cattlemen Solar Park in Milam County, located in central Texas. This … Continue reading EDPR and Bristol Myers Squibb execute PPA for the Cattlemen Solar Park

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EDP Renewables and Vestas launch a new edition of ‘Keep it local’

Though this project, both companies will grant 30 scholarships to subsidise enrolment on the Wind Farm Technical Maintenance course organised by the Spanish Wind Energy Association (AEE). EDP Renewables (Euronext: EDPR), the fourth-largest renewable energy company in the world, and Vestas, the market leader in the manufacture, sale, installation and maintenance of wind turbines, have … Continue reading EDP Renewables and Vestas launch a new edition of ‘Keep it local’

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EDP Renewables net profit rises 18% to 655 million euros in 2021

EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, has achieved a net profit of 655 million in 2021, 18% more than in the previous year. At the end of 2021, the company manages a portfolio of 13.6 GW, of which 12.5 GW are consolidated and 1.1 GW equity consolidated (Spain, Portugal, USA … Continue reading EDP Renewables net profit rises 18% to 655 million euros in 2021

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EDP Renewables has been awarded 39MW of wind power in Italy

The new wind farm, located in the region of Sicily, will start operating in 2023. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, has been awarded 39MW of wind power in the seventh auction called by the Italian government through the Gestora de Servizi Energie (GSE). The new wind farm, located in … Continue reading EDP Renewables has been awarded 39MW of wind power in Italy

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EDP Renewables completes its first wind farm repowering in the US

This repowering has been completed at the Blue Canyon II Wind Farm and its longevity will be extended an additional 20 to 30 years. As a result of this repowering, the installed capacity of the project increases from 151 MW to 162 MW.This project is located in the state of Oklahoma and is part of … Continue reading EDP Renewables completes its first wind farm repowering in the US

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EDP Renewables signs project finance for six wind farms with an aggregate capacity of 149 MW

EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, has closed a project finance deal for the financing of the development, construction and operation of six wind farms with an aggregate capacity of 149.4 MW located in Poland. The six wind farms are geographically dispersed across Poland, throughout the south-eastern north-western and the … Continue reading EDP Renewables signs project finance for six wind farms with an aggregate capacity of 149 MW

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EDP and Engie awarded 1GW of floating wind power

The project will be located on the Caledonian seabed and it has been awarded by Crown Estate Scotland (CES) in the ScotWind seabed bidding; It is adjacent to the existing 950 MW Moray East and 0.9 GW Moray West offshore projects, allowing Ocean Winds to leverage experience and synergies regarding development, construction and operation. EDP … Continue reading EDP and Engie awarded 1GW of floating wind power

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EDPR completes construction of Riverstart, Indiana’s largest solar farm

EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, through its subsidiary EDP Renewables North America LLC, has completed the construction of the 200 MW Riverstart solar farm. The company closed a 20-year power purchase agreement (PPA) with Hoosier Energy Cooperative, which will use the power generated by the solar farm to supply … Continue reading EDPR completes construction of Riverstart, Indiana’s largest solar farm

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EDP Renewables implements new operating model

The renewed management team reinforces the company’s commitment to growth and as a people-centric organization that will be global, agile and future-proof. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, is implementing a new operating model reflecting expansion of its markets worldwide, including the acquisition of Sunseap, as well as the increasing … Continue reading EDP Renewables implements new operating model

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EDP Renewables starts two wind farms with 70 MW in Italy

These are Monte Mattina and Sant’Alessandro wind farms, with an installed capacity of 25 MW and 45 MW respectively. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy producer, has started operation of the 25 MW Monte Mattina and 45 MW Sant’Alessandro wind farms. The projects will contribute to the reduction of approximately 86,000 … Continue reading EDP Renewables starts two wind farms with 70 MW in Italy

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