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EDP Signs Solar Power Deal with Brazilian Retailer GPA
EDP Energias de Portugal has signed a two-year agreement to supply solar power to Brazilian retail giant GPA, which operates brands like Pao de Acucar and Extra. According to the deal, GPA will receive 16.8 GWh of solar energy from shared photovoltaic plants in Sao Paulo from 2024 to 2026. This equates to approximately 701.85 MWh per month, meeting the energy demands for 40 Minuto Pao de Acucar stores and allowing GPA to cut 648.5 tonnes of CO2 emissions during the contract's term.In its ongoing expansion efforts, EDP aims to reach an installed capacity of 500 MWp of solar distributed generation in Brazil by 2026. Currently, EDP holds 258 MWp of solar capacity, with 209 MWp operational and 49 MWp either under construction or awaiting activation. This partnership underscores EDP's commitment to renewable energy sources in the Brazilian market, aligning with both companies' sustainability goals. What are the implications of EDP's solar power agreement with GPA for sustainability? The implications of EDP's solar power agreement with GPA for sustainability can be understood through several key points: Reduction of Carbon Footprint: The agreement's projection of reducing CO2 emissions by 648.5 tonnes contributes significantly to combating climate change. Such measurable reductions play a crucial role in achieving national and global emission targets. Promotion of Renewable Energy: By committing to solar power, both EDP and GPA support the transition from fossil fuels to renewable energy sources. This partnership not only diversifies GPA's energy mix but also enhances EDP's position in the growing renewable market in Brazil. Local Economic Impact: The collaboration is likely to stimulate local economies through job creation in the renewable sector. As EDP expands its solar installations, this can lead to new employment opportunities in areas such as manufacturing, construction, and maintenance of solar energy systems. Sustainable Supply Chain: For GPA, sourcing energy from solar power aligns with sustainable business practices, enhancing brand reputation among environmentally conscious consumers. This reflects a broader trend where businesses actively seek to lower their environmental impact. Energy Security and Cost Stability: Transitioning to solar energy can help GPA stabilize its energy costs, protecting against market volatility associated with traditional energy sources. By securing a two-year contract with EDP, GPA can benefit from predictable and potentially lower energy expenditures. Alignment with Government Policies: In Brazil, there is a growing emphasis on sustainable practices and renewable energy policies. This partnership aligns with governmental efforts to increase the share of renewables in the national energy grid, fostering a supportive regulatory environment. Public Awareness and Corporate Responsibility: The visibility of this agreement may contribute to greater public awareness of renewable energy benefits. As large companies participate in sustainable initiatives, it can motivate other corporations to follow suit, multiplying the positive environmental impact. Technological Innovation: EDP's investment in solar technologies can drive innovation within the renewable energy sector in Brazil, potentially leading to advancements in efficiency and cost-effectiveness of solar energy solutions. This can encourage further investment in clean technologies. Encouragement of Collaborative Efforts: This partnership sets a precedent for future collaborations between renewable energy providers and large consumer brands. It exemplifies how strategic alliances can lead to shared benefits while advancing sustainability goals. Enhanced Energy Access: By integrating solar energy into its operations, GPA can contribute to improving energy access in the region. This not only supports sustainability but also aligns with social equity initiatives, ensuring that reliable energy sources are available to all. Overall, the agreement between EDP and GPA represents a significant stride toward a more sustainable future, with wide-ranging implications for the environment, economy, and society in Brazil.
Oct 22, 2024 // Plants, Large-Scale, Commercial, EDP Energias de Portugal, GPA
EDP To Add Battery Storage To Floating Hydro-Solar Plant In Portugal
solar energy in Portugal. The Portuguese utility company Energias de Portugal (EDP), which has developed the hybrid project, has actually announced that it will
Jul 22, 2022 // Plants, Storage, Floating PV, Portugal, EDP, Europe, Floating Hydro-Solar Plant
EDP expands Polish solar presence with acquisition of installer Soon Energy
profits of EUR6 million (US$ 6.6 million). The acquisition will certainly see EDP Commercial get to a neighborhood sales pressure of around 400 salesmen and a
Apr 4, 2022 // Markets & Finance News, Poland, EDP, Europe, EDP Renewables, distributed solar, acquisition, distributed generation, soon energy
EDP and Amazon Forge Solar Partnership in Japan
EDP Energias de Portugal SA has secured a 20-year power purchase agreement (PPA) with Amazon for a new 44-MWp solar power facility under construction in Fukushima Prefecture, Japan. The deal, signed by EDP's subsidiary EDP Renewables APAC, aims to support Amazon's sustainability goals by providing renewable energy. The solar farm, expected to be operational by the third quarter of 2025, will consist of 63,000 solar panels and generate over 48 GWh of electricity annually. This will help reduce carbon emissions by more than 20,500 metric tonnes. This marks the second PPA between EDP and Amazon in the Asia-Pacific region, following a previous agreement in 2021. What are the implications of EDP's new solar deal with Amazon in Japan? Here are the implications of EDP's new solar deal with Amazon in Japan: Acceleration of Renewable Energy Adoption: The PPA between EDP and Amazon signifies a stronger commitment to renewable energy in Japan, potentially encouraging other companies to follow suit and invest in similar agreements. Support for Japan's Energy Transition Goals: This deal aligns with Japan's ambitions to increase its renewable energy share and achieve its climate targets, fostering a shift away from reliance on fossil fuels. Boost to Local Economy: The construction of the solar facility will bring economic benefits to the Fukushima Prefecture, including job creation during both the construction and operational phases of the project. Enhanced Reputation for Both Companies: Partnering on renewable energy initiatives can enhance Amazon's sustainability profile while also boosting EDP's reputation as a leader in clean energy solutions within the region. Reduction of Carbon Footprint: The expected annual carbon emissions reduction of over 20,500 metric tonnes will contribute positively to global and local efforts in combating climate change, promoting a cleaner environment. Long-Term Energy Security: The 20-year nature of the PPA provides Amazon with a stable and predictable source of energy, thereby reducing its exposure to fluctuations in energy prices. Demonstration of Corporate Responsibility: This move reinforces both companies' commitments to corporate social responsibility by taking actionable steps towards sustainability. Innovation and Technology Development: EDP's investment in solar technology can lead to advancements in energy generation, storage, and efficiency, which may have spillover benefits for other industries and sectors. Cross-Regional Collaborations: This deal sets a precedent for future collaborations not just in Asia, but globally, where multinational corporations can work with local renewable energy providers to meet energy demands sustainably. Supply Chain Management: By securing a renewable energy source, Amazon can better manage its supply chain sustainability goals, promoting greener practices throughout its logistics and operations. Encouragement of Policy Support: Successful partnerships may prompt policymakers in Japan to offer more incentives for renewable energy projects, thereby spurring further investments in the sector. Potential for Future Expansions: If the solar facility proves successful, it opens up possibilities for EDP and Amazon to explore additional renewable energy projects together in Japan and other countries. This solar initiative underscores the growing importance of corporate partnerships in advancing renewable energy and addressing climate change challenges.
Jan 29, 2025 // Plants, Large-Scale, Commercial, Amazon, PV Power Plant, EDP Energias de Portugal
EDP Brasil shuts procurement of solar DG platform from AES Tiete
EDP Brasil has purchased 100% of AES Tiete shares in AES Inova Solucoes de Energia Ltda and also the corresponding subsidiaries AES Tiete Inova Solucoes de Energia I Ltda and also AES Tiete Inova Solucoes de Energia II Ltda. The local device of Portuguese utility EDP - Energias de Portugal SA (ELI: EDP) will pay BRL 101.1 million (USD 19.8 m/EUR 16.3 m), consisting of BRL 66.6 million on the respective day and BRL 34.5 million to be preserved until the enforcement of a few commitments after closing. From the obtained solar DG portfolio, some 16 MWp connect to gotten or commercially running plants, standing for around BRL 11.5 million in profits. The various other 18 MWp are ready-to-build projects in Minas Gerais state.
Jun 15, 2021 // Markets & Finance News, EDP Brasil, AES Tiete Energia SA
EDP Renewables to develop 200MWac PV project in Indiana for energy NIPSCO
EDP Renewables The United States and Canada will certainly perform advancement of the Indiana Crossroads Solar Park, which is slated to reach commercial operations by 2022. The bargain means EDP Renewables, which is majority-owned by Portuguese utility EDP, now has 2.5 GW of clean energy capability protected in the United States, a vital market for the company's renewables development initiatives. A calculated update announced last month by EDP exposed the energy's strategy to relocate from 74% renewables generation as of today to 100% by 2030, requiring 50GW of tidy energy enhancements. The company is wanting to grow its PV ability tenfold in between 2021 as well as 2025, including 5.5 GW of capacity in North America. EDP Renewables' United States expansion has actually seen the developer obtain a majority passion in C2 Omega, the distributed solar system of renewables capitalist C2 Energy Capital. For NIPSCO, the deal adheres to various other current build-transfer announcements, as the business, a subsidiary of NiSource, intends to enhance its tidy energy capacity to become coal cost-free by 2028. NIPSCO last October secured an arrangement with NextEra Energy Resources to establish 900MW of solar and also 135MW of energy storage space, while a bargain introduced last week will certainly see the utility partner with developer Invenergy for the building and construction of a 250MW PV project. According to the Solar Energy Industries Association, Indiana has 473MW of solar installed since the fourth quarter of 2020.
Mar 22, 2021 // Plants, Large-Scale, Commercial, USA, EDP, EDP Renewables, North America, Indiana, nipsco, utility
EDP to obtain Polish distributed solar company Zielona-Energia
this offer, EDP Energia Polska will add a service that has set up greater than 58 MWp of DG solar arrays in Poland. Zielona-Energia. com's customer base is
Jul 12, 2022 // Markets & Finance News, Poland, EDP, Europe, Vera Pinto Pereira
EDP secures second 100MW buyer for Californian solar-plus-storage project
EDP Renewables’ American subsidiary will sell 100MW of energy and 10MW of energy storage from a project in central California to the city of San Jose's default electricity utility, San Jose Clean Energy. The output is added to the 100MW of energy and 30MW of storage the Sonrisa Solar Park is already contracted to produce for East Bay Community Energy, as outlined in a PPA secured in June. Both agreements cover a 20-year period. San Jose Clean Energy and East Bay Community Energy are community choice energy programs. Authorised in California, Illinois, Ohio, Massachusetts, New Jersey, New York, and Rhode Island, they allow local governments to procure greener or cheaper power on behalf of their residents and businesses from an alternative supplier, while still receiving transmission and distribution service from their existing utility. The Sonrisa Solar Park is EDP's first large-scale hybrid renewable project in North America. Operations are expected to start in 2022. With this new PPA, the Portuguese energy giant claims to have now contracted 47% of the 7GW of the global renewable energy capacity it hopes to develop by 2022. In the US specifically, EDP has secured 1.8GW of long-term energy agreements for projects in that period. In May, EDP signed an agreement with French utility Engie to merge future offshore wind projects and pipelines in order to become the world’s second largest offshore wind developer through a 50/50 joint venture. One month later, EDP secured its largest PV project to date, a 3.8MWp solar-plus-storage duo northeast of Lisbon set to be operational by early 2020 that will provide energy for battery maker Exide Technologies.
Aug 8, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, California, USA, CCA, EDP, Engie, ssfusa, solar-plus-storage, community choice energy
EDP Brasil inks 30.5-MW solar supply handle medical care team Hapvida
(PV) park is the outcome of a 50/50 financial investment partnership between EDP Brasil as well as EDP Renovaveis SA (ELI: EDPR) and also is
Nov 22, 2022 // Markets & Finance News, EDP Brasil, Hapvida
EDP turns on 1.25 MW of solar in Brazil
part of Brazilian empire Grupo Lins Ferrao, for a period of 10 years. EDP said the new solar duo will be capable of producing some 2,798 MWh annually,
Feb 1, 2023 // Plants, Markets & Finance News, EDP, South america, Brazil, PV Power Plant
EDP Renewables establishing 200-MW Arizona solar project powering Facebook data facility
that share our sustainability vision, as well as we enjoy to deal with EDP Renewables to support Facebook's new data center with sustainable solar
Aug 12, 2021 // Plants, Large-Scale, Commercial, EDP Renewables, Facebook, Salt River Project, Miguel Prado, Urvi Parekh, Solar Project, Kelly Barr
EDP buys 50% stake in 278MW of First Solar projects in the US
de Portugal (EDP), through its subsidiary EDP Renewables North America LLC, has acquired a 50% stake in a 278MW US solar portfolio that was
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, EDP, First Solar, North America, CdTe
EDP seals California hybrid stake sale, recycles capital for growth
EDP has wrapped up a minority sell-down of one of its marquee U.S. hybrid assets, closing the sale of a 49% stake in a California solar-plus-storage portfolio at an enterprise value of around EUR 600 million (USD ~705 million). The transaction, flagged as part of EDP’s “asset rotation” strategy, allows the company to lock in returns and recycle capital into its build-out while retaining majority control of day-to-day operations. The portfolio centers on the Sandrini Solar Energy Park in Kern County—two utility-scale plants, Sandrini I and II, totaling about 300 MWac (roughly 406 MWdc), paired with a 92-MW battery system now moving toward full operation. The projects sit near existing transmission and use modern single-axis trackers and high-efficiency modules to maximize yield in the San Joaquin Valley’s strong resource. Today’s closing follows a previously announced agreement with Eni’s renewables arm, Plenitude, to acquire the 49% interest in the two operating PV plants and the co-located storage asset. While EDP’s brief closing note did not name the buyer, earlier disclosures by both companies outlined Plenitude’s entry into the partnership. For Plenitude, the deal expands a U.S. footprint that increasingly favors co-located batteries to shift midday solar into evening peaks and to capture ancillary-service revenues. Commercially, Sandrini’s offtake is anchored by Shell Energy North America and the Redwood Coast Energy Authority—contracts that provide revenue certainty and community credentials. The 92-MW battery (designed for multi-hour duration) is expected to reduce curtailment risk and improve dispatchability, a growing priority on California’s solar-heavy grid. Strategically, the sell-down fits EDP’s long-running model: develop, de-risk, then syndicate minority stakes to institutional partners, freeing up balance-sheet capacity for the next wave of builds. With manufacturing prices volatile and interconnection queues tight, that discipline can be the difference between an ambitious pipeline and steel in the ground. Expect proceeds to be steered toward U.S. and Iberian hybrids, where batteries increasingly define project bankability and system value.
Sep 10, 2025 // Markets & Finance News, California, USA, EDP, North America
EDP Renewables Unveils 200MW Solar + 40MW Storage Project
EDP Renewables North America completed the Scarlet I Solar Energy Park in Fresno County, California, featuring a 200-MW solar project and a 40-MW battery energy storage system. The facility will power 68,000 California homes annually and has power purchase agreements with Ava Community Energy and San José Clean Energy. The project created over 230 construction jobs and will support water efficiency goals by saving 254 million gallons of water yearly. Additionally, the site is exploring agrivoltaics by considering sheep grazing.The ribbon-cutting ceremony was attended by dignitaries and industry partners, highlighting the project's contribution to clean energy goals and grid resiliency. EDP Renewables North America aims to develop more hybrid renewable projects in California and beyond to further support sustainable energy initiatives. What innovative features does the Scarlet I Solar Energy Park in Fresno County offer? 200-MW solar project 40-MW battery energy storage system Power purchase agreements with Ava Community Energy and San José Clean Energy Creation of over 230 construction job Support of water efficiency goals by saving 254 million gallons of water yearly Exploration of agrivoltaics through sheep grazing
Jul 18, 2024 // Storage, EDP Renewables
Decathlon Taps EDP for Renewable Power in Portugal
EDP will supply about 10 GWh a year of certified renewable electricity to 37 Decathlon stores in Portugal, a modest grid volume but a meaningful share of the retailer’s footprint. Backed by guarantees of origin, the deal delivers Scope 2 cuts and hedges power-price volatility, creating a replicable decarbonization model for multi-site retailers.Operationally, EDP will pair green supply with demand-side services—smart HVAC scheduling, submetering and analytics—to shift consumption to lower-carbon hours. Future add-ons may include rooftop solar, on-site batteries and EV charging hubs. Expect audited disclosure on power origin and certificate retirement, with a potential shift from annual to hourly matching as data improves. How will EDP’s demand-side services and future DERs enhance Decathlon’s Scope 2 cuts? Shift flexible loads (HVAC, refrigeration, lighting) into low‑carbon hours using grid‑intensity signals, lowering market‑based emissions per kWh consumed. Use submetering and analytics to verify kWh avoided at end uses, tightening Scope 2 inventories and crediting real efficiency gains rather than estimates. Implement thermal storage tactics (pre‑cool/pre‑heat) to time‑shift electricity away from high‑emissions periods without compromising comfort. Add rooftop PV to directly displace grid purchases; retire on‑site certificates to claim zero‑emissions electricity for those kWh. Deploy batteries to store surplus clean generation (on‑site or grid‑sourced) and cover load during dirtier hours, improving hourly carbon matching. Orchestrate EV charging hubs to prioritize charging when the grid is clean or on‑site PV is abundant, preventing Scope 2 backsliding from new loads. Participate in demand response and flexibility markets; channel revenues into higher‑quality certificates or more DERs, deepening market‑based reductions. Progress from annual certificates to hourly/locational certificates to tighten claims, cut residual emissions, and align consumption with real‑time clean supply. Optimize procurement to source attributes from the same grid region as the stores, improving the credibility and impact of market‑based reporting. Reduce peaks and local congestion via DER coordination, marginally lowering losses and enabling more low‑carbon energy to serve the sites.
Nov 20, 2025 // Markets & Finance News, Portugal, Europe, Decathlon Portugal