EDP Renewables

💚 Tech goes green!    We’re pleased to announce a landmark multi-geography Power Purchase Agreement (PPA) with a major US-based tech company, set to accelerate their clean energy transition across Germany, France, and Italy.   Starting in 2025, this 20-year long PPA will leverage 3 of our photovoltaic projects: 🔅 Ketzin project in Germany (87 MWp); 🔅 Venoy project in France (19 MWp); 🔅 Chiaramonte project in Italy (70 MWp). Combined, these projects will generate over 226 GWh annually, powering the equivalent of more than 72,000 European homes and avoiding 128,000 tons of CO2 emissions each year. This milestone underscores our dedication to support our customers’ sustainability goals while mitigating energy price volatility risk. We are on track to achieve nearly 9 GW of contracted installed capacity in PPAs globally, reinforcing our role as a key player in the global energy transition. A big thank you to all teams involved for their great work! Read more: https://lnkd.in/dhGa4hmT #EDPWeChooseEarth #CleanEnergy

The We Choose Earth Tour '24 has come to an end, and it was truly an inspirational event! The Tour brought together some of the most influential voices, including Ban Ki-moon, Cate Blanchett, Alex Honnold, and Kjell Nordström, whose contributions to the 2024 edition have truly sown the seeds of change. We are profoundly inspired by the insights shared by the speakers in Munich. Cate Blanchett emphasized, “We have to know sustainable energy is not a possibility, it’s a reality”, highlighting the urgency of our actions. Sandrine Dixson-Declève reminded us that “the cost of inaction is greater than the cost of action”. Ban Ki-moon, in his conversation with Miguel Stilwell d’Andrade, left us with the empowering message that "we can create the future we want”. Thank you to everyone who joined us in Munich and to those who joined us through the live streaming. Together, we are making significant strides towards a sustainable future for our planet because We Choose Earth. #EDPWeChooseEarth #AllGreen2030 #EnergyTransition

🔋 Our batteries are fully charged in France!   We’re thrilled to announce a new partnership in France to develop a 50 MW standalone battery facility, connected to the national grid. This project supports the Transmission System Operator (TSO) in maintaining a constant balance between electricity production and consumption, furthering France’s decarbonization objectives.   “As a global player in renewable energy, we see the immense potential of storage. Batteries provide essential flexibility, and this partnership underscores our commitment to co-development,” says Etienne Thomassin, Country Manager of EDP Renewables in France.   This collaboration showcases our active role on the dynamic M&A trend in France as well as our commitment to diversify our portfolio to enhance our renewable generation capacity in the country. Alongside our historic wind sector positioning, we are investing heavily in utility-scale photovoltaics, distributed generation, hydrogen, and now battery storage.   This project is our third storage project in Europe, after two projects acquired in 2023 in the UK, and we aim to reach 500 MW of storage by 2026 to continue driving the energy transition forward. For further details, you can read the press release here: https://lnkd.in/dyKjByg4 #EDPWeChooseEarth #BatteryStorage

🔙 Looking back to Intersolar Europe 2024   Last week, a vast EDPR team, including our CEO Miguel Stilwell d’Andrade, was thrilled to be at the Intersolar Europe 2024 conference in Munich!   Under the banner of "Connecting Solar Business", the event brings together leading industry players and experts from around the world. This was a fantastic opportunity for us to network and showcase our projects in Germany, a market we recently entered through the acquisition of Kronos Solar in 2022. Germany is the largest renewable energy market in Europe, with over 300 GW of new projects expected by 2030. EDPR has primarily focused on solar technology, but we are actively working to diversify our portfolio into other technologies, with a particular emphasis on the field of wind energy.   We are excited to continue our journey in Europe, leveraging this opportunity to drive forward the renewable energy transition. #EDPWeChooseEarth #Intersolar #Germany

🌞 Forecast: sunny, a lot of sunny. Happy #EuropeanSolarDay! Today, we celebrate the power of the sun and the incredible impact of solar energy across Europe.    At EDPR, we're proud to contribute to a sustainable future. Our total operating solar capacity is 617 MW across 6 countries, including Portugal, Spain, France, Netherlands, Poland, and Romania, and growing with new assets soon in Italy and Germany. These solar plants span over 300 hectares, which is equivalent to more than 500 football fields.   With an estimated annual production of over 1.2 TWh, we power the equivalent of more than 2 million European households, avoiding over 800,000 tons of CO2 emissions annually—equivalent to more than 44,000 average airplane flights.   As proud members of SolarPower Europe, we continue to drive the energy transition forward in Europe with a strong pipeline of solar energy projects ongoing.   Let's catch the power of the sun for a brighter, greener future!    #EDPWeChooseEarth #SolarEnergy #EuropeanSolarDay

➡ This week all roads point to Munich    EDP Renewables is proud to be at the forefront of the energy transition in Europe, with Germany playing a pivotal role in our renewable energy strategy. We are thrilled to participate in the Intersolar Europe conference in Munich from June 18-21, showcasing our cutting-edge projects and commitment to renewable energy. With the acquisition of Kronos Solar - EDPR, we have strengthened our presence in Germany, focusing on developing solar parks and, in the future, hybrid renewable assets. However, the agenda for this week extends beyond that. On June 20, EDP host the We Choose Earth Tour 2024 conference also in Munich, featuring distinguished speakers like Cate Blanchett, Ban Ki Moon, and Joschka Fischer. This event will highlight the urgent need for sustainable energy solutions and the transformative impact of innovative technologies. Get your tickets for in-person participation or live stream here https://lnkd.in/dK7EmaZA and join us to "make the Earth your mission". Together, we can make a significant impact on global sustainability.   👉 Learn more about our recent efforts to support Germany's and Europe climate goals on this Handelsblatt article: https://lnkd.in/dXCDMJp7   #EDPWeChooseEarth #EnergyTransition #Germany

🌬️ Celebrating #GlobalWindDay with 10 surprising facts about Wind!   1️⃣ About 2% of all the sun's energy that reaches the earth is converted into wind, created by uneven heating and air pressure differences.   2️⃣ Winds shape weather patterns by transporting heat, moisture, and air masses, influencing climate across regions.   3️⃣ The highest verified wind speed was 408 km/h on Barrow Island, Australia, in 1996.   4️⃣ Offshore wind could potentially generate 18x the current global electricity demand, offering over 420,000 TWh per year.   5️⃣ Wind power has been harnessed for thousands of years, from Mesopotamian sails to Persian windmills and the first wind-powered house in Scotland in 1887.   6️⃣ Nowadays, wind turbine blades can be longer than a football field, with projects planned to surpass the Eiffel Tower's height.   7️⃣ The largest wind turbine set a record by producing energy for 170,000 homes in a single day, achieving 384.1 MWh on September 1, 2023.   8️⃣ Wind energy passed 1 TW of installed capacity in 2023 but needs to triple by 2030, with growth rapidly accelerating to meet COP28 targets.   9️⃣ The wind energy sector will employ 4 million people by 2030, up from 1.3 million today.   🔟 With 13 GW of Wind Power capacity, EDPR now leads the new trend for wind farms: Hybridization, combining wind and solar energy.   Let's continue harnessing the power of wind to build a sustainable future.   #EDPWeChooseEarth #WindEnergy #Sustainability #GlobalWindDay

🇬🇷 Doubling-down in Greece   We have inaugurated our second renewable project in Greece, the “Erimia” wind farm, in Malesina. This 35MW project, featuring six wind turbines, will generate 71 GWh annually, supply clean energy to over 18,000 households, and reduce CO2 emissions by about 50,000 tonnes per year.   “This project reflects our commitment to Greece’s decarbonization goals and the well-being of local communities. Greece's progressive energy policies make it a sustainable and secure investment for us,” stated Dionysios Andronas, General Manager of EDPR in Greece.   With Erimia, we nearly double our footprint in Greece, reaching 80 MW and developing a pipeline of over 100 MW in wind, solar, and storage projects.   We thank Alexandra Sdoukou, Greece Deputy Minister of Environment and Energy, Adonis Georgiadis, Vice President of New Democracy and Greece Minister of Health, and Athanasios Zekentes, Mayor of Lokrom, and all other local officials, business leaders, and residents who attended the inauguration, celebrating our collective progress towards a cleaner future. Read more: https://lnkd.in/dySpEfgr #EDPWeChooseEarth #EnergyTransition #Greece

🌍 Celebrating World Environment Day! This #WorldEnvironmentDay, we take a step back to recap our environmental commitments and our 2023-2026 Business Plan targets across every stage of the value chain (Development, Construction, Operation, and Dismantling/Repowering): ✔  Mitigate Climate Change by producing clean and green energy, that contributes to the reduction of GHG emissions, targeting 17 GW of gross additions to our clean power capacity by 2026; ✔  Promote a Circular Economy by having a culture of rational use of resources, targeting 85% of recovery rate for waste generated in the whole value chain by 2026;  ✔ Protect Biodiversity by minimizing losses in biodiversity throughout our sustainable operations. targeting 100% of projects with Net Gain Biodiversity tracking system worldwide by 2026;   Let's make every day World Environment Day!   #EDPWeChooseEarth #ClimateAction #CircularEconomy #WorldEnvironmentDay

📢 We Choose Earth Tour is back for its second edition on June 20th in Munich. Join global thinkers like Cate Blanchett, Ban Ki-moon, Alex Honnold, and many other renowned speakers to inspire collective action toward a more sustainable future for our planet. All proceeds from sales will go to One Tree Planted, a non-profit organization dedicated to environmental conservation. Don't miss out, secure your tickets for the event or live streaming here: https://lnkd.in/d-yzU_MH #EDPWeChooseEarth #EnergyTransition