Tag Archives: EDP Renováveis

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 announces Asset rotation deal of a 405 MW wind energy in the US

It has signed a Sale and Purchase Agreement with funds managed by Greencoat Capital to sell a 55% equity stake in a wind portfolio comprising two winds farms; The total consideration of the transaction corresponds to an Enterprise Value (100%) of $720 million, which translates into an Enterprise Value of $1.8 million/MW; This transaction is … Continue reading EDP Renováveis announces Asset rotation deal of a 405 MW wind energy in the US

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EDP Renováveis and Vestas join forces to boost rural employment

The two companies will use the ‘Keep it Local’ program to provide training to 24 young people living in towns where the companies are present. The selected candidates will be granted a scholarship to take the wind farm maintenance engineer course offered by AEE (Spanish Wind Power Association). EDP Renováveis (Euronext: EDPR), a world leader … Continue reading EDP Renováveis and Vestas join forces to boost rural employment

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EDPR, Schneider Electric y Vestas join as a new members of RES4Africa Foundation

RES4Africa Foundation welcomes the three new members EDP Renewables, Schneider Electric and Vestas. The new membership of the three European companies, leading in the renewable energy sector at international level, was announced yesterday during the last Executive Committee of the Foundation, which has been involved in the promotion of green energy in Africa since 2012. The … Continue reading EDPR, Schneider Electric y Vestas join as a new members of RES4Africa Foundation

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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 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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EDP Renováveis enters Hungarian market with a 50 MW solar PV project

The company has secured a 15-year Contract-for-Difference (“CfD”) and the project is expected to be operational starting in 2022. As part of its growth strategy, EDPR continues to study opportunities in markets with a low risk profile and regulatory stability. EDP Renováveis, SA (“EDPR”) secured a 15-year Contract-for-Difference (“CfD”) to sell energy produced by a … Continue reading EDP Renováveis enters Hungarian market with a 50 MW solar PV project

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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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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

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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

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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.

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GCX 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

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EDP 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

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EDP 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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EDP Renováveis to Sell Renovaveis Wind Energy Portfolio in Spain as Part of Asset Rotation Program

EDP-Energias de Portugal SA said Monday that it would sell the full equity shareholding and outstanding shareholder loans of its subsidiary EDP Renovaveis S/A in a wind portfolio to the Finerge Group for a consideration of about 426 million euros ($502 million). The Portuguese energy company said the 242-megawatt onshore portfolio includes seven wind farms … Continue reading EDP Renováveis to Sell Renovaveis Wind Energy Portfolio in Spain as Part of Asset Rotation Program

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