EDP ​​Renováveis ​​increases its production by 3% over the past 12 months

HeyPreliminary data for the first nine months of the year indicate that with this increase, the installed capacity reached 15.1 GW (net capacity +0.8 GW compared to the first nine months of 2022).

“The capacity added of 1.7 GW in the past 12 months showed high geographic diversity, with +0.7 GW in Europe, +0.6 GW in North America, +0.3 GW in South America and with the Asia-Pacific region contributing +0.2 GW of solar additions.” , says the company.

In the first nine months of the year, EDPR added 847 MW worldwide, “with 162 MW of onshore wind and 669 MW of solar additions, along with 16 MW of battery additions.”

In September, EDPR had 5.2 GW under construction (+0.9 GW compared to the same period last year and +0.2 GW compared to the first half of this year), mainly in the USA.

In 2023, EDPR concluded two asset rotation agreements, totaling 0.4 GW of capacity subject to asset rotation in Spain and Poland.

Capital gains from these transactions will be recorded in the third quarter of the year.

EDPR has also signed two further asset rotation agreements in Brazil and the UK for offshore wind, through Ocean Winds, which will be completed by the end of the year.

EDPR’s Renewable Energy Index, which reflects differences in renewable resources (mainly wind) for this period compared to the long-term average, was 94% in the first nine months of the year, a decline of 6%, especially in wind resources, compared to the average ​​Long term. Long-term average for this period (compared to 100% for the first nine months of 2022).

The renewable supply in Europe was 4% below the long-term average in the first nine months of the year, which, together with the impact of asset rotation agreements concluded in the last 12 months, resulted in production falling by 4% compared to last year. identical period.

Read also: EDP Renováveis ​​​​​concludes the sale of its renewable energy portfolio in Poland to Orlen