edp announcement

EDPR informs on 133 MW solar capacity secured in Europe

Tuesday, 25 June 2024

Madrid, June 25th 2024: EDP Renováveis, S.A. (“EDPR”) has secured three long-term Power Purchase Agreements (“PPAs”) with a large US based technological company to sell the green energy produced by three solar projects in Europe.

The agreement comprises three solar projects for a total of 133 MWac (176 MWdc):
- 60 MWac (70 MWdc) located in Italy;
- 58 MWac (87 MWdc) located in Germany;
- 15 MWac (19 MWdc) located in France.

EDPR has already secured >70% of the ~10 GW total capacity additions target for 2024-2026, presented in May 2024 Business Plan Update, continuing to reinforce its low-risk profile and growth strategy based on the development of competitive projects with long-term visibility, fostering the acceleration of the energy transition and the decarbonization of the economy.

This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.