EDP Renewables reaches 14.7 GW of installed capacity in 2022

EDP Renewables (EDPR) reached a total installed capacity of 14.7 gigawatts (GW) in renewable assets in 2022, which is 1.2 GW more than in 2021 after asset rotations, the company said Thursday. Specifically, EDPR's added capacity was mainly driven by the expansion of 0.7 GW in solar assets in the Asia-Pacific region, and South America, which added 0.6 GW of wind in the same period. In addition, it added 0.4 GW of wind and solar in both North America and Europe, including the company's first hybrid farm and the first commissioned in the Iberian Peninsula, which combines solar and wind power.

During 2022, EDPR secured asset rotation agreements for up to 1 GW of capacity in Poland, Spain, Italy, Brazil and the United States, with a "successful" construction and transfer of a 200 MW solar project in Indiana, Europa Press reports. Europe and North America accounted for 38% and 49% of the portfolio, respectively, while Asia-Pacific, a region EDPR entered in 2022 with the acquisition of Sunseap, now represents 5% of EDPR's total portfolio.