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EDP Renewables North America officially launched its 300 MW Sandrini I & II Solar Energy Park in Kern County, Southern California, on Tuesday. The facility, which began operations in the final quarter of 2024, includes two phases: the 200 MW Sandrini I and the 100 MW Sandrini II. Sandrini I has secured a 15-year power purchase agreement with Shell Energy North America, while Sandrini II's output is contracted to the Redwood Coast Energy Authority under a similar agreement.The solar park is expected to supply power to over 100,000 homes in California, with Sandrini I alone capable of powering approximately 76,000 households annually. Sandrini II is projected to meet more than a third of the electricity needs for RCEA's community choice energy customers. EDP Renewables emphasizes that this project aligns with California's ambitious goal of achieving 100% clean electricity by 2045. How will the Sandrini Solar Energy Park impact California's clean electricity goals? Impact of the Sandrini Solar Energy Park on California's Clean Electricity Goals Increased Renewable Capacity: The 300 MW capacity of the Sandrini Solar Energy Park will significantly contribute to California's growing renewable energy portfolio, helping to reduce reliance on fossil fuels. Achievement of Energy Targets: The project supports California's legislative mandate to reach 100% clean electricity by 2045, playing a vital role in meeting interim targets set for renewable energy generation. Power for Over 100,000 Homes: By supplying power to over 100,000 homes, the solar park reduces the carbon footprint of these households, contributing to statewide emissions reduction goals. Long-term Power Purchase Agreements: With secure long-term contracts with reputable energy buyers like Shell Energy North America and the Redwood Coast Energy Authority, the sandrini project ensures a stable flow of clean energy into the grid, enhancing grid reliability. Economic Advantages: The project is expected to create jobs during both the construction and operational phases, promoting local economic growth and enhancing California's position as a leader in the clean energy sector. Community Choice Energy Support: Sandrini II's power supply is dedicated to RCEA's community choice energy customers, providing localized renewable energy solutions that support community engagement and sustainability initiatives. Grid Resilience: Integrating 300 MW of solar capacity will bolster California's grid resilience, providing a critical buffer against outages and ensuring a more stable energy supply, particularly during peak demand periods. Environmental Benefits: The solar park facilitates a reduction in greenhouse gas emissions, supporting California's ambitious climate goals and contributing to cleaner air and water in the region. Innovation and Technology: The project may implement cutting-edge solar technologies and practices, advancing the state’s leadership in renewable energy innovation and potentially setting a model for future projects. Ratepayer Savings: By tapping into renewable energy sources like the Sandrini Solar Energy Park, California can potentially lower energy costs for consumers in the long run, thanks to the decreasing costs of solar energy and the elimination of fossil fuel dependence. Sustainable Development: This project aligns with broader sustainability goals, influencing future renewable energy projects and encouraging investments in green technologies throughout the state. Educational Opportunities: The Sandrini Solar Energy Park could serve as a case study and educational resource for local schools and institutions, highlighting the importance of renewable energy and fostering a culture of sustainability among future generations. Overall, the Sandrini Solar Energy Park is more than just a renewable energy facility; it represents a critical step towards California’s long-term clean energy aspirations and environmental stewardship.  

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EDP Renewables (EDPR) has announced the sale of an 80% stake in a 340-MW solar portfolio in the US to a major energy global player. The bundle comprises three operating solar farms located in Ohio and Texas. EDPR is selling the assets for an enterprise value of approximately USD 400 million, as part of its EUR-7-billion asset rotation programme for 2023-2026. This deal represents a quarter of its goal, and is subject to regulatory clearance. What Is EDPR's USD 400 Million Solar Portfolio Sale? EDPR is a global leader in the renewable energy sector, with a presence in 14 markets across four continents: Europe, North America, Latin America, and Asia. The solar portfolio sold comprises three operating solar farms located in Ohio and Texas, totaling 340 MW of capacity. This deal is part of EDPR's EUR-7-billion asset rotation programme for 2023-2026. The sale is of an 80% stake in the solar portfolio, for an enterprise value of approximately USD 400 million. The sale is subject to regulatory clearance and is expected to close in the second quarter of 2021. This transaction is in line with EDPR's strategy of optimizing its asset portfolio, increasing the proportion of renewable energy projects in its global energy mix, and continuing its growth in the renewable energy sector.

900,000 photovoltaic panels and also is expected to be functional in 2022. EDP Renewables The United States and Canada is developing and creating Indiana

Felix Ventures, as well as existing backers such as Copec WIND Ventures and EDP Ventures. The funds will be used to expand manufacturing capabilities and

X-Elio. Bloomberg claims Three Gorges-- which has 24% of Portuguese utility EDP-- is vying with state-owned peer Shanghai Electric Power Co to obtain the

in Arizona's Pinal County-- power generation team AES Corp (NYSE: AES), EDP Renewables The United States And Canada LLC as well as NextEra Energy

solar. Installers consist of Solar States, Superior Solar Design, PosiGen and EDP

solar plant on reservoir with storage EDP Amareleja Solar

EDP Renewables (EDPR) has completed the acquisition of a 70% risk in Kronos Solar Projects, a developer based in Germany. Kronos has a "lean growth team with a long-term know-how" on solar growth and a portfolio of 7.5 GW of solar projects in different stages of development, more than half of which remains in Germany, and the rest in France, the Netherlands as well as the UK. The acquisition permits EDPR to enter into Germany and the Netherlands which gain from enthusiastic renewables targets, offered the raised value of safety of supply and energy self-reliance. With this deal, EDPR expands its presence to 12 markets in Europe, which in general stand for more than 90% of the anticipated solar capacity additions in EU up until 2030. Moreover, the entry in these new markets produces possibilities to expand not only in solar but additionally in various other innovations, namely wind through hybridisation, new wind pipe, hydrogen and storage modern technologies, stated EDPR. The offer was closed for an acquisition cost of EUR250m paid at closing and a success fee to be paid to the vendors over 2023-28, depending on the solar capacity provided by Kronos advancement team in this period. The transaction consists of additionally call/put options on the remaining 30% minority risk in Kronos, which is held by its creators that will continue to be involved in the everyday management of the business, exercisable from 2028 onwards, with strike cost associated to the standing of renewables projects under advancement by Kronos on that year.

EDP Renovaveis SA (ELI:EDPR) has announced it has been awarded a public tender to develop a 323 MW solar-wind hybrid project in Chile's Antofagasta region. The project also includes the deployment of batteries for energy storage, making it one of the first projects in Chile to incorporate wind, solar and batteries in a single connection to the grid. EDPR will use around 2,850 hectares of land in the commune of Taltal for the development and operation of the project for a period of over 40 years, bringing environmental, social, and economic benefits to the region. Following the auction, EDPR now has more than 500 MW of renewable energy projects in various stages of development across the South American nation. Can EDPR Develop a Solar-Wind Hybrid Project in Chile? It is estimated that EDPR's solar-wind hybrid project in Chile will generate 1,500 GWh of electricity per year, enough to power over 500,000 homes. The project is EDPR's second solar-wind hybrid project to be developed in the region, following the development of a 360 MW hybrid project in Sao Paulo, Brazil. According to EDPR, the project is expected to create up to 800 direct and indirect jobs during the construction phase as well as up to 40 permanent jobs during the operational phase. EDPR plans to invest approximately $600 million in the development of the project, which is scheduled to be completed in 2022. The project is part of Chile's ambitious renewable energy goals, which require 20% of the country's energy to come from renewable sources by 2025.

utility company additionally introduced a collaboration with a subsidiary of EDP Renewables last month for the 200MWac Indiana Crossroads Solar Park, which is

obtained 100% people dispersed generation firm EnterSolar in January, while EDP Renewables likewise recently bought C2 Omega, the dispersed solar platform of

checked in Spain because the Covid-19 situation unravelled in the nation. The EDPR renewable resource department of Portuguese electrical utility EDP

in Indiana. Indiana Crossroads in White County was developed and installed by EDP Renewables North America (EDPR NA) and is expected to bring in $42