edp renewables

EDPR Sunseap has signed a MOU with Korea East-West Power to jointly develop renewable projects in South Korea and across the APAC region.

EDP Renewables North America has started construction on a 240MW utility-scale solar PV project in Milam County, Texas.

EDP has continued its renewables drive in Poland with the acquisition of distributed solar PV installer Zielona Energia.

EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer Sunseap, while it recorded a net profit of €66 million (US$69.8 million), up 75% on the previous year. 

EDP is to acquire Polish distributed solar company Soon Energy, enabling its presence in Poland to grow fivefold, the company has claimed, as it targets distributed generation as a key growth area in the country.

EDP Renewables (EDPR) plans to invest S$10 billion (US$7.39 billion) in renewables in the Asia Pacific (APAC) region by 2030 after closing its S$1.1 billion (US$813 million) acquisition of Singaporean developer Sunseap.

A round-up of the latest projects news, including EDP Renewables completing Indiana’s largest PV project, two Gulf utility companies pricing their first green bonds and an Australian utility linking its project to the national grid.

A flurry of plans submitted for solar projects in excess of 100MW+ is fuelling a boom of activity in the UK utility-scale solar market.

International renewables developers are rushing to secure projects in Brazil before the government takes away subsidies for new solar and wind farm installations next year.

Asset manager Capital Dynamics will develop a 200MW solar farm for US utility Northern Indiana Public Service Company (NIPSCO) as it works towards its decarbonisation targets.