Tag Archives: EDP Renewables

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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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

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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 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

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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

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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

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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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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

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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

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