Portugal’s energy giant EDP, which currently has 3,400 ‘solar neighbourhoods’ in the country is planning to license another 1,000 by the end of the year. Decentralised energy production has been [...]
The chairman of EDP, António Lobo Xavier has slammed what he calls “Portugal’s unfavourable business environment” for large investments and companies. Speaking on one of several discussion panels [...]
The generation, distribution, and usage of electrical power are undergoing a change not seen for decades. As the world adapts to climate change and geopolitical uncertainties, innovative [...]
EDP has inaugurated its first renewable energy project in Chile. The Punta de Talca Eolic wind farm is in the Ovalle District in the north of the country. The park has 14 Eolic wind turbines with [...]
The Portuguese renewables energy company EDP Renováveis has raised capital of €79.4 million by a corporation of reserves. A reserve is a retained earnings secured by a company to strengthen a [...]
EDP Renewables profits were up 4% in the first quarter of 2024 to €68 million on the back of a fall in net financial costs and non-controllable interests, according to the company in a communiqué [...]
EDP CEO Miguel Stilwell de Andrade has been voted in for a second three-year term at the helm of Portugal’s electricity and renewable energy giant. In 2023, EDP registered record profits of [...]
Norges Bank, which runs Norway’s sovereign fund, informed the Portuguese energy giant EDP that it had “reduced its capital share” in the electricity and renewables company to 4.9% along with [...]
EDP profits increased 40% in 2023 compared to the previous year, to €952 million. The announcement was made on Thursday after the energy giant had announced a tumble in profits by half (€309 [...]
EDP, one of the largest companies investing in wind energy worldwide, has announced that it will prioritise investments in around 20 growing markets or two-thirds of the countries where it has [...]