EDF's annual financial report revealed EDF Energies Nouvelles has 1.9 GW of renewable energy under construction in 2018, including 900 MW of solar projects. The renewables company increased its power output by 11% to 12.6 TWh and generated EBITDA of €751m ($917m) in 2017. In the same year, it also invested €1.3bn into new nuclear projects with a total capacity of around 100 GW, which will be completed over the next decade.
EDF's annual financial report revealed EDF Energies Nouvelles has 1.9 GW of renewable energy under construction in 2018, including 900 MW of solar projects. The renewables company increased its power output by 11% to 12.6 TWh and generated EBITDA of €751m ($917m) in 2017. EDF Energies Nouvelles recently announced a joint venture with Asia Clean Capital for the construction and operation of distributed rooftop solar projects in China.