EDP Renewables commissions its first photovoltaic power plant in Romania
The strategic plan announced by the company in May is running two years ahead of schedule. EDPR’s solar power projects in Romania are progressing at an excellent rate and the company expects its first four solar power plants to be operational in the coming weeks.
Madrid, 19th December 2012: EDP Renewables (EDP Renováveis, Euronext: EDPR), the third global leader in the renewable energy sector, reports today on the progress of its solar power projects in Romania.
As part of the company’s strategic plan and its bet on solar power in certain markets, in September 2012 EDP Renewables began construction of four photovoltaic power plants in the regions of Mehendinti, Olt and Dolj, in Southeast Romania. The four power plants have a combined capacity of 39 MW and were scheduled to be fully operational in the first quarter of 2013.
EDP Renewables has achieved this goal and is in fact running ahead of schedule; one of these plants was commissioned yesterday and the other three are set to be fully operational within the coming weeks.
About EDP Renewables (EDPR)
EDP Renewables (Euronext: EDPR), headquartered in Madrid, Spain, is a global leader in the renewable energy sector and the world’s third-largest wind energy producer. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 11 markets (Belgium, Brazil, Canada, Spain, the US, France, Italy, Poland, Portugal, the UK and Romania). Energias de Portugal, S.A. (“EDP”), the majority shareholder of EDPR, is a global energy company and a leader in value creation, innovation and sustainability. EDP is Portugal’s largest industrial group and the only Portuguese company to form part of the Dow Jones Sustainability Indexes (World and STOXX).