Tag Archives: EDP

China Three Gorges launches $10.8 billion bid for EDP

China’s state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal’s biggest company EDP, offering a premium of just below 5 percent on the power firm’s closing stock price. The total value of the proposed deal is 9.07 billion euros ($10.83 billion), excluding a 23 percent stake already owned by … Continue reading China Three Gorges launches $10.8 billion bid for EDP

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Vestas and EDPR install wind turbine-coupled hybrid demonstrator

A wind and solar photovoltaic hybrid demonstrator has recently been installed at an EDPR wind farm in Cádiz, Spain. The initiative is part of EDPR’s R&D strategy and Vestas’ increasing efforts to offer sustainable energy solutions that meet customers’ increasing need to balance energy supply with grid demand. EDP Renewables (EDPR), a global leader in … Continue reading Vestas and EDPR install wind turbine-coupled hybrid demonstrator

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Nestlé Leverages Wind Power in Partnership with EDP Renewables in Step Toward 100% Renewable Electricity Goal

Nestlé in the U.S., in partnership with EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, today announced a 15-year power purchase agreement that will provide approximately 80 percent of the electricity load for five Nestlé facilities in southeastern Pennsylvania. The agreement is … Continue reading Nestlé Leverages Wind Power in Partnership with EDP Renewables in Step Toward 100% Renewable Electricity Goal

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EDPR is awarded long term contracts for 218 MW at Brazilian energy auction

EDP Renewables, S.A. (“EDPR”), through its subsidiary EDP Renováveis Brasil, S.A. (“EDPR Brasil”), secured today 20-year Power Purchase Agreements (“PPA”) at the Brazilian energy A-6 2017 auction to sell electricity in the regulated market. The energy will be produced by two wind farms to be installed in the Brazilian State of Rio Grande do Norte; … Continue reading EDPR is awarded long term contracts for 218 MW at Brazilian energy auction

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EDPR is awarded a long-term (RESA) for 248.4 MW of wind onshore in Canada

EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, announces that that its Canadian subsidiary, EDP Renewables Canada Ltd., has been awarded a 20-year Renewable Energy Support Agreement (RESA), for the delivery of 248.4 MW of onshore wind generation by the Alberta Electricity … Continue reading EDPR is awarded a long-term (RESA) for 248.4 MW of wind onshore in Canada

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UK offshore wind energy reaches price parity with fossil fuels

Three new windfarms are to be built in the UK as offshore wind prices reach their lowest levels ever. This follows research published by Lloyd’s Register in February 2017 revealing that the majority of industry experts were confident that renewable energy was reaching cost parity. In the latest CfD round, announced last week, DONG Energy, … Continue reading UK offshore wind energy reaches price parity with fossil fuels

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EDPR to recycle its wind turbine blades

EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, today announced a cooperation agreement with Thermal Recycling of Composites (TRC), a spin-off of the Spanish Council for Scientific Research (Consejo Superior de Investigaciones Científicas, CSIC), for the implementation of a wind turbine blade … Continue reading EDPR to recycle its wind turbine blades

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EDPR secures 75 MW wind energy contract in Northern Indiana, United States

EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, secured a long-term contract with Cummins Inc. for the energy produced by 75 MW from Meadow Lake VI wind farm. Meadow Lake VI wind farm project had initially secured 75 MW long-term contract, as announced in November 2016. The project, that … Continue reading EDPR secures 75 MW wind energy contract in Northern Indiana, United States

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Senvion announces framework agreement for up to 216 MW in Portugal

Senvion, a leading global manufacturer of wind turbines, has announced the signature of a framework contract with EDP Renewables in Portugal totaling up to 216 megawatts (MW). The agreement will include wind turbines from the Senvion MM and 3.XM series and the contract is valid until the end of 2019. This framework contract also includes … Continue reading Senvion announces framework agreement for up to 216 MW in Portugal

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EDP Renewables 1H 2016: revenue up to €889 million

EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world, announced today that at 30 June the company managed an operating portfolio totalling 9.7 GW spread across 10 different countries. Over the last six months, it has successfully added 84 MW to … Continue reading EDP Renewables 1H 2016: revenue up to €889 million

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EDPR opens the Francourville wind farm

EDPR is celebrating the opening of a new wind farm in France today. With an installed capacity of 12 MW, the wind farm is located in the municipality of Francourville, in the French Department of Eure-et-Loir. The wind farm’s output will allow it to supply clean energy to the equivalent of almost 24,000 homes. The … Continue reading EDPR opens the Francourville wind farm

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Vortex to acquire major wind energy portfolio

Vortex, a renewable energy platform managed by EFG Hermes’s private equity arm, has agreed with a subsidiary of EDP Renováveis SA to acquire a 49% stake in an operational 664 MW portfolio of European wind assets. The transaction is valued at EUR 550 million and includes a portfolio of 23 wind farms in four European … Continue reading Vortex to acquire major wind energy portfolio

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Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central

The company will install 48 Gamesa G114-2.1 MW wind turbines in Pauling County, Ohio. Gamesa, a global technology leader in wind energy, announced today that it will supply EDP Renewables (EDPR) with wind turbines for its 100 MW Amazon Wind Farm U.S. Central. Under the terms of the agreement, Gamesa will handle the transport, installation … Continue reading Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central

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EDP Renewables enters the Mexican wind energy market

EDP Renewables (“EDPR”) has established an agreement with Industrias Peñoles, a leading Mexican mining company, for an Electricity Supply Agreement under self-supply regime for the energy produced by a wind farm currently designed for 180 MW, expected to be installed in 2016 by EDPR. The contract is set in USD and for a 25-year period. … Continue reading EDP Renewables enters the Mexican wind energy market

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EDPR secures PPAs for 150 MW wind farm in Texas

EDP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, through its fully owned subsidiary EDP Renewables North America LLC, signed two Power Purchase Agreements (“PPAs”), a 20-year PPA for 50 MW and a 15-year PPA for 100 MW, to sell the renewable energy … Continue reading EDPR secures PPAs for 150 MW wind farm in Texas

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GDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid

French power utilities GDF-Suez and EDP Renewables, part of Portugal’s Energias de Portugal group, have decided to join French nuclear technology group Areva to submit tenders for two offshore wind farm projects in France. The companies will bid for 500-megawatt wind farms to be built at Le Treport, in the English Channel, and near the … Continue reading GDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid

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Portugal’s EDPR sells U.S. wind energy stake for $230 mln

EDPR, the world’s fourth-largest wind energy producer, has sold a 49 percent stake in wind farms in the United States to Canadian pension fund Borealis for $230 million. EDPR said on Tuesday that the portfolio comprised four wind farms totalling 599 megawatts (MW), installed in 2007/08, all of which have long-term power purchase agreements in … Continue reading Portugal’s EDPR sells U.S. wind energy stake for $230 mln

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