Energias de Portugal (EDP) has revealed plans to increase its solar portfolio by up to 2 GW by 2019, aiming for solar to make up a quarter of its renewables assets by then. EDP said targets included negotiating the remaining 400 MW of an 800 MW solar pipeline. Portugal’s planned 2 GW plus solar tenders in 2022 and 2020 and fresh climate goals in Spain are viewed as potential areas for growth. EDP also plans to capitalise on the phasing out of federal subsidies in the US, as well as tapping existing customers in the Spanish and Brazilian markets.
Energias de Portugal (EDP) has revealed plans to increase its solar portfolio by up to 2 GW by 2022, aiming for solar to make up a quarter of its renewables assets by then. EDP said targets included negotiating the remaining 400 MW of an 800 MW solar pipeline. Portugal’s planned 2 GW plus solar tenders in 2019 and 2020 and fresh climate goals in Spain are viewed as potential areas for growth. EDP also plans to capitalise on the phasing out of federal subsidies in the US, as well as tapping existing customers in the Spanish and Brazilian markets.