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EDP Renewables (EDPR) has finished its acquisition of the distributed solar platform of renewables financier C2 Energy Capital.

EDP Renewables (EDPR) intends to invest S$ 10 billion (US$ 7.39 billion) in renewables in the Asia Pacific (APAC) area by 2030 after shutting its S$ 1.1 billion (US$ 813 million) procurement of Singaporean designer Sunseap.

EDP Renewables (EDPR) has actually gotten a substantial stake in Singaporean solar company Sunseap. The offer values Singapore's leading solar power company at S$ 1.1 bn (EUR0.7 bn) and will see EDPR come to be a major shareholder in Sunseap. EDPR is spending at once when Sunseap is increasing its impact in the region, specifically with a 2.2 GW project to construct a floating photovoltaic or pv ranch and an energy storage space system in Indonesia's Batam island. This is in addition to various other local affiliation projects to export renewable resource to power data centres in Singapore. EDPR has an installed wind and solar ability of 13 GW. It creates, develops, manages as well as operates nuclear power plant that produce electrical energy from renewable sources and has a visibility in 17 markets in Asia, Europe and America. With this investment, EDPR will broaden its renewables platform in Asia with Sunseap, enhancing EDPR's footprint in the remainder of the globe and also enhancing the implementation of a portion of its US$ 22bn (EUR19bn) investment plan with 2025. On top of that, this tie-up will likewise allow understanding transfer from EDPR to Sunseap for the Asian market, consisting of in wind energy while producing possibilities for collaboration in locations of energy storage space as well as green hydrogen. Sunseap co-founder and also chief executive officer Frank Phuan said: "We are delighted to invite EDP Renewables as a major shareholder. " Its calculated vision to increase in the renewable energy industry in Asia straightens with Sunseap's goal to assist our customers to decarbonise their work, home as well as play, and also will position us to increase our service prepare for the region. " With EDP Renewables onboard, we anticipate growing our client base, accomplishing better scale and efficiency via talent gain access to, portfolio diversity as well as mergings and also purchases.". Sunseap founder and also president Lawrence Wu included: "EDP Renewables is one of the world's leading renewable resource business as well as its investment notes a considerable turning point for Sunseap. " There is much to do for the Sunseap group in the coming years as well as we are excited to locate a partner that supports our objective, values and passion. " Their worldwide reach in 17 big markets will also develop opportunities for collaboration as well as collaboration which is crucial to energy change.". EDP and EDPR president Miguel Stilwell d'Andrade added: "We delight in to partner Sunseap for the Asian markets, developing a really aligned and wholesome platform that enlarges the worldwide reach of EDPR beyond its present markets. " The technique and vision of Sunseap is an ideal fit to EDPR's leading role within the continuous power change. " Moreover, it brings regional understanding and a new enhancing society to the company.".

EDP Renewables (EDPR) added an overall of 465MW of wind as well as solar capacity in Q1 2022, generally because of its acquisition of Singaporean designer Sunseap, while it recorded a net earnings of EUR66 million (US$ 69.8 million), up 75% on the previous year.

EDP Renovaveis SA (ELI: EDPR) has authorized a long-term power purchase agreement (PPA) with United States durable goods giant Procter & Gamble Co (NYSE: PG) covering the output of a 109-MW solar portfolio in Italy.

Most recent project takes developer's PV pipeline in the nation to 75MW

EDP Renewables (EDPR) has actually signed a 15-year power purchase contract (PPA) with pharmaceutical company Novartis to offer electrical energy from a 63MW portfolio of renewable resource projects in Spain. The portfolio consists of a 36MW wind farm and a 26.8 MW solar center expected to be mounted in 2022-2023. With this newest contract EDPR has actually currently protected PPAs for projects amounting to 229MW to be installed from 2020 to 2023. Since today, EDPR said it has safeguarded 86% of the 7GW targeted worldwide wind as well as solar capability build-out for the 2019-2022 period, as interacted in the business's calculated update on March 2019. EDPR will certainly remain to analyse as well as develop projects that fulfill its interior danger and also profitability criteria. EDPR acting CEO Rui Teixeira mentioned: "The announcement of this new PPA demonstrates that we keep a rapid development in the direction of the execution of our business strategy however mainly the significance of renewables as a competitive and also tidy source of power for our customers across different sectors". Novartis primary sustainability police officer Montse Montaner added: "At Novartis, ecological sustainability is lined up with our objective to reimagine medicine to enhance and also prolong people's lives. " Energy efficiency and also renewable resource solutions are the keystones of our technique for decreasing discharges. We are proud to be signed up with by EDP Renewables as well as various other like-minded partners on our environmental sustainability journey."

Electricity will come from the 240MW Cattlemen solar farm in Texas

Renewable resource giant EDP Renovaveis SA (ELI: EDPR) has inked a bargain to market the output from a 150-MW solar project it prepares to construct in the US state of Texas.

Portuguese renewable energy company EDP Renovaveis SA (ELI: EDPR) has actually secured a power purchase contract (PPA) connected to the result of the 209-MW Monte Verde solar PV project it plans to build in the Brazilian state of Rio Grande do Norte.

Renewable energy giant EDP Renovaveis SA (ELI: EDPR) said on Thursday it has authorized an agreement to market the output of a 110-MW solar project in the United States state of Illinois.

Worldwide renewables company EDP Renovaveis SA (ELI: EDPR) said it has authorized 51 contracts to mount 38.3 MW of dispersed solar power systems for United States supermarket chain proprietor Walmart Inc (NYSE: WMT) at its places in seven US states.

EDP Renewables (EDPR) has actually effectively produced its first megawatt hr (MWh) from the Acampo Arpal photovoltaic plant situated in Zaragoza, Spain. The plant has actually a mounted capacity of 9.2 MW. Rocío Sicre, Managing Director of EDPR Spain, claimed: "Leading the power transition is just one of EDPR's concerns. " Via it, we can contribute to attaining, for instance, the much-needed power independence in Europe and meet the goals set out in the 2030 Agenda. " We have actually additionally been working and playing an active role in this regard for years, and also we expect to be a totally green utility by 2030 as well as a carbon-free utility by 2025." Since September 2022, EDPR has protected 1.5 GW of solar energy capacity, which is in line with the company's strategic plan. With this plan, EDPR intends to increase its solar capacity in Europe by 2.4 GW, around 25% of its overall solar capacity by 2025. Furthermore, EDPR strategies to purchase solar power approximately 41% of the EUR19bn gross renewable financial investment target by 2025.

EDP Renewables (EDPR) has commissioned an 87-MWp solar park in Brandenburg, marking the company’s first renewable energy project in Germany and a foothold in Europe’s largest power market. The asset adds a meaningful block of daytime megawatt-hours to a region that has embraced renewables build-out while strengthening grid codes and environmental standards. Technically, the site follows a modern, bankable blueprint: high-efficiency (often bifacial) modules on single-axis trackers to extend output into morning and evening shoulder hours, DC/AC ratios tuned for annual yield, and plant-level controllers configured for reactive power support, ride-through during faults, and ramp-rate limits aligned with German TSO requirements. Unified SCADA with string-level telemetry enables predictive maintenance and early-life performance tuning—thermal imaging, IV-curve tracing, and targeted cleaning that add incremental energy over time. EDPR’s entry into Germany is strategic. The company brings scale from Iberia, France, and the U.S., and can recycle its standardized EPC methods, O&M playbooks, and corporate PPA expertise into a market that increasingly values hourly matching, green-power provenance, and grid-support capabilities. While this first project is solar-only, footprints and transformer headroom typically leave space for two-to-four-hour batteries to shift energy into the evening peak and provide frequency and voltage services as ancillary markets deepen. Community and environmental safeguards are integral under German planning rules. The Brandenburg plant incorporates traffic and noise controls, biodiversity net-gain measures—species-rich groundcover, reinforced hedgerows, habitat corridors—and visual mitigation along rights-of-way. Decommissioning provisions and recycling pathways for modules and balance-of-plant components are embedded in contracts and permitting. Commercially, EDPR can layer long-term offtake with calibrated merchant exposure, optimizing capture rates at a strong node. Early lessons from first-winter operation—soiling, snow shedding, and tracker stow strategies—will inform fleet standards as the platform scales nationally. The takeaway: EDPR’s German debut adds clean supply where demand is high and policy support is strong, while setting the stage for hybridized projects that turn intermittent megawatt-hours into dependable evening capacity.

EDP Renewables (EDPR) is aiming to seal its position in the UK renewables market, with strategies to spend ₤ 660 million over the next 5 years.