Tag Archives: EDP Renewables

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

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EDP 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

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EDP 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

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Kronos 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

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EDP 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

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EDP 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

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EDPR 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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EDP Renewables commissions its first hybrid solar and wind energy park on the Iberian Peninsula

The solar energy plant set up next to the Mosteiro wind park sees the creation of the first EDP Renewables hybrid solar/wind energy project, maximising clean energy production; The Mina de Orgueirel Solar Plant opened in Sabugal municipality increases the amount of energy capable of being produced by the complex to 8.4 MW, for over … Continue reading EDP Renewables commissions its first hybrid solar and wind energy park on the Iberian Peninsula

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EDP Renewables and Cleveland-Cliffs Sign PPA for Headwaters wind farm in Indiana

This contract will enable the continued development and planned construction and operations of the 200 MW Headwaters III Wind Farm and strengthens EDP Renewables’ position as the leading wind energy operator in Indiana. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Cleveland-Cliffs Inc. (NYSE: CLF), the … Continue reading EDP Renewables and Cleveland-Cliffs Sign PPA for Headwaters wind farm in Indiana

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EDP Renewables increases its gross investment in renewable energy to over 4 billion euros

EDP Renewables (Euronext: EDPR), the world’s fourth largest producer of wind and solar energy, has reported its end of third quarter results, carrying on showing solid growth owing to its larger installed capacity, greater strengthening of renewable resources and average sales price recovery. The result of all of this is an EBITDA of 1.482 billion … Continue reading EDP Renewables increases its gross investment in renewable energy to over 4 billion euros

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EDP Renewables’ Lone Star I Wind Farm Celebrates 15 Years of Renewable Energy Production in Texas

The 200-megawatt Lone Star Wind Farm has safely provided renewable energy since 2007, powering the equivalent of more than 86,000 average Texas homes annually. EDP Renewables North America (EDPR NA), a leading renewable energy developer and operator in North America, commemorates the 15-year anniversary of operations at the Lone Star I Wind Farm located in … Continue reading EDP Renewables’ Lone Star I Wind Farm Celebrates 15 Years of Renewable Energy Production in Texas

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EDP Renewables inaugurates a new Wind Farm in Poland

The facility, situated in Budzy? – western Poland, has a total capacity of 70 MW and will produce enough energy to power more than 85,000 households; The undertaking reflects EDPR’s commitment to the energy transition and energy independence of Poland, and Europe as a whole. EDP Renewables (Euronext: EDPR), the world’s fourth largest renewable energy … Continue reading EDP Renewables inaugurates a new Wind Farm in Poland

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EDP Renewables starts the Indiana Crossroads II wind farm

With 1,400 megawatts of installed renewable energy capacity in Indiana, EDP Renewables will strengthen its position as the top wind energy producer in the state with this new 202-megawatt wind farm. EDP Renewables North America (EDPR NA), a leading renewable energy developer and operator in North America, announces the start of construction at the 202-megawatt … Continue reading EDP Renewables starts the Indiana Crossroads II wind farm

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