Tag: renewable energy portfolio of edp

EDP Renewables acquires 628 MW of renewable energy assets in Chile

EDP Renewables has announced the acquisition of 628 MW of wind and solar assets under two separate deals with Atacama Energy and Lader Energy in Chile. The acquired capacity comprises a 77 MW wind farm which has a 20-year power purchase agreement and set for operation in 2023 and 551 MW of solar and wind farms, which are currently under development.

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EDP’s plan to go 90% renewable by 2030

In early 2019, Energias de Portugal (EDP), Portugal’s leading power company, came out with a radical 90 per cent renewables plan in the 2030 timeframe with much of the action by 2022. Over the past one and a half year, the company has moved significantly closer to executing its plan to achieve this target.

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