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EDP Renewables North America LLC has inaugurated the 74-MW Misenheimer solar farm in North Carolina, marking its first project in the state. The solar farm, one of the largest in North Carolina, was originally developed by Orion Power Generation LLC before EDPR took over in 2020. The completed project is expected to contribute over USD 27 million to local landowners and USD 3.5 million to local governments over its lifespan.With the addition of North Carolina, EDPR NA now operates in 18 US states and is actively seeking more opportunities to expand its renewables portfolio in the state. The company aims to add approximately 5.7 GW of new operational renewable energy capacity across the US by 2027. What is EDPR NA's plan for expanding its renewables portfolio in North Carolina? EDPR NA plans to continue seeking opportunities to expand its renewables portfolio in North Carolina by developing more solar and wind projects in the state. The company is committed to adding approximately 5.7 GW of new operational renewable energy capacity across the US by 2027, with a portion of this capacity likely to be allocated to projects in North Carolina. EDPR NA's expansion plans in North Carolina align with the state's goals to increase renewable energy generation and reduce carbon emissions. The company's focus on developing renewable energy projects in North Carolina will not only contribute to the state's clean energy goals but also provide economic benefits to local landowners and governments. By investing in renewable energy projects in North Carolina, EDPR NA is helping to create jobs, stimulate economic growth, and support the transition to a more sustainable energy future in the state.

EDP Renewables and also Bristol Myers Squibb have carried out a power purchase agreement (PPA) for 60MW at the 240MW Cattlemen Solar Park in Texas, US. The 15-year contract, part of the marketplace notification EDPR released on 11 April 2022, enables the designer to proceed Cattlemen, which has a projected capital investment of about $280m as well as is slated to be operational in 2023. The Bristol Myers PPA is one of 2 for Cattlemen announced on 11 April, while the other is for 156MW, enabling EDPR to offer 90% of the clean energy generated by the solar farm. Cattlemen, in Milam County, is anticipated to enter in procedure in late 2023. Bristol Myers Squibb, in line with its long-lasting environmental sustainability objectives, has specified that by 2030 it will certainly purchase 100% of the electricity it utilizes from renewable sources. The PPA with EDPR's Cattlemen Solar Park is a step toward accomplishing this objective. Edison Energy worked as expert on the deal, giving information and analytics that enabled Bristol Myers to examine the long-lasting implications of its investment. " As a leading worldwide biopharma business, BMS recognizes the essential web link in between environment adjustment and also human health and wellness, as well as our devotion to transforming people' lives through science underpins our approach to environmental sustainability," stated Danielle Menture, vice head of state of sustainability, EHS as well as occupational health. " This agreement not only is a vital milepost in our sustainability journey, yet additionally is a step toward a clean energy future for every person." EDPR has as well as operates 6 wind farms in Texas, completing 1089MW of capacity.

EDP Energias de Portugal SA's renewables arm, EDPR, has agreed to sell its entire 100% stake in a 190-MWac/229-MWdc solar portfolio in Spain for €160 million to an undisclosed institutional buyer. The portfolio includes five ground-mounted plants in Andalucía and Castilla y León, all with long-term power-purchase agreements. This divestment is part of EDPR's asset-rotation strategy, bringing its 2023 proceeds to approximately €800 million, which is 40% of its €2 billion target by 2025. The capital will be reinvested into a 17-GW pipeline of projects across Europe and the Americas.The transaction, announced on August 5, is expected to close by year-end, pending regulatory approvals in Spain. EDPR will continue to operate and maintain the sites during the transition. The sale highlights the strong demand for de-risked solar portfolios amid Spain's renewable energy goals and power-price volatility. This move allows EDPR to self-fund its expansion plans, avoiding reliance on equity raises in uncertain capital markets. What are the strategic benefits of EDPR's solar portfolio sale in Spain? Enhances liquidity for reinvestment into higher-growth projects. Supports EDPR's asset-rotation strategy, optimizing the portfolio for better returns. Reduces exposure to market volatility by securing long-term power-purchase agreements. Strengthens financial position to pursue a 17-GW pipeline of projects. Aligns with Spain's renewable energy goals, contributing to national targets. Demonstrates strong market demand for de-risked renewable assets. Provides flexibility to adapt to changing market conditions and regulatory environments. Allows EDPR to focus on expanding its presence in Europe and the Americas. Minimizes the need for external financing, reducing financial risk. Enhances operational efficiency by concentrating resources on strategic growth areas.

EDP Renewables (EDPR) has actually connected its initial international hybrid plant to the grid, combining wind as well as solar power production on a single site. The Mina de Orgueirel solar farm was opened next to the Mosteiro wind park in Sabugal municipality, Portugal, with a direct connection to the substation, taking advantage of the electric framework currently in place and developing a hybrid electricity manufacturing complex. This is the first park of its kind on the Iberian Peninsula to combine the two different technologies, further contributing to decarbonisation and raising the presence of renewable energy on the grid. The solar plant supplies an installed ability of 8.4 MW with over 17,000 bifacial solar panels efficient in recording solar irradiance on both sides, maximising power manufacturing. The wind park has 8 wind turbines and also a total installed capability of 11MW, including a more effective machine set up as part of an over-equipment project. The hybrid project is capable of creating up to 39.5 GWh annually, sufficient to provide over 30,000 individuals with renewable energy. The hybrid complex will certainly likewise aid avoid the emission of roughly 18,000 tonnes of CO2 each year. " The commissioning of EDPR's initial hybrid wind/solar park is a representation of our introducing and ingenious spirit as well as a strengthening of our commitment to energy transition within our core business regions," said Duarte Bello, EDPR exec supervisor for Europe and also Latin America. " By taking this hybrid strategy we will be able to enhance the amount of electricity produced in the region in addition to reducing the influence of brand-new endeavors in renewables by maximising use of the pre-existing infrastructure. We intend to continue purchasing the hybridisation of parks held in our portfolio, both in Portugal along with in various other areas with strong development capacity."

opened this summer, down from ceiling prices of €45/MWh (US$50/MWh). EDP, Galp, EDF, Iberdrola, Voltalia, Finerge all applied for support from the

developed to produce a worth chain based totally on hydrogen. National energy EDP is currently establishing a pilot hydrogen production project with storage

with a capacity of up to 10 MW were due to be connected to the grid of EDP Distribuição with 10-50 MW facilities to be hooked up to the

to go into the region. Earlier today the renewables arm of Portuguese utility EDP exposed plans to invest S$ 10 billion (US$ 7.4 billion) in the region after

solar power auctions, and the construction is set to begin in mid-February by EDP Comercial. Ib Vogt will start the solar farm's construction in May, with the

EDP, Engie, Ib Vogt, JinkoSolar, Lightsource BP, Scatec Solar as well as numerous others were lately noted as having actually submitted expressions of

Eren, Canadian Solar, Voltalia in France, and also Portugal-headquartered EDP have all been provided grants for solar projects given that last September,

called for similar targets at a countrywide level. Indeed, European majors EDP, Enel, Iberdrola, Ørsted, SSE, Statkraft and Verbund said in a letter

journey." The business has additionally authorized a 15-year VPPA with EDP Renováveis for a tidy power capability of 63MW and one more agreement

already organizes a 220kWp floating solar pilot project from Portuguese energy EDP. While the pre-qualification for the public auction has yet to open, Matos

developments in the United States distributed solar space have seen EDP Renewables purchase a majority stake in C2 Omega, the distributed solar