EDPR gets 1.0 GW of new PPAs in USA in 2013

EDPR gets 1.0 GW of new PPAs in USA in 2013

Oct 29, 2013 - Portuguese EDP Renovaveis (ELI:EDPR), or EDPR, has already secured 1,000 MW of new power purchase agreements (PPAs) in the USA since the beginning of the year, the company said yesterday.

Some 250 MW of the capacity is for projects that are already in operation and 750 MW for new projects to be installed in 2014 and after that.

The Portuguese firm also said that, via its fully owned subsidiary EDP Renewables North America LLC, it had expanded to 100 MW its Rising Tree North wind farm project located in California and expected to be installed in 2014. Thus, the company secured a new 20-year PPA to sell the renewable energy produced by the project expansion.

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