Tag Archives: EDP Renováveis

EDPR and Reganosa join forces to turn Ferrolterra into the capital of green energy

The initiative is expected to mobilize an investment of 780 million and create nearly 400 permanent jobs in operation and maintenance. Thanks to this comprehensive intervention, the area will have continued access to clean and competitive energy resources, a key strength for attracting strategic industries. The project combines actions in the fields of storage, hydrogen … Continue reading EDPR and Reganosa join forces to turn Ferrolterra into the capital of green energy

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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 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 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 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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