It's the largest distributed solar energy project to date carried out by EDP, as well as the first to be installed simultaneously with the same partner on several continents.
EDP has signed an agreement to install up to 100 megawatt-peak (MWp) of distributed solar power at Faurecia units in Europe, Asia and the United States, in a total of more than 60 projects, it was announced on Thursday.
“EDP has just signed a global partnership to install up to 100 MWp of solar energy at Faurecia units in Europe, Asia and the United States,” the energy company said in a statement.
Thus, by the end of 2023, the company plans to install over 60 self-consumption solar plants at the factories of automotive components company Faurecia in Portugal, Spain, Italy, the United States, China, South Korea, Japan and Thailand.
In the statement, EDP said that this is the largest distributed solar energy project to date carried out by the group, as well as the first to be installed simultaneously with the same partner on several continents.
The investment – which is not disclosed – in the panels is the responsibility of EDP, as well as their maintenance and operation, through long-term contracts.
Over the next decade, the more than 60 projects should have 200,000 solar panels, avoiding more than 60 tonnes of carbon dioxide (CO2).
“This partnership demonstrates EDP’s capacity to respond to multinational clients that seek to contract decentralised solar energy in different countries to support the energy transition on a global scale,” argued EDP’s CEO, Miguel Stilwell d’Andrade, quoted in the same document.
In turn, the chief executive of Faurecia, a FORVIA Group company, Patrick Koller said that renewable energy production is a central point in the commitment to achieve carbon neutrality by 2025.
In Europe and Brazil, EDP has already installed about 300 MWp of distributed solar in buildings and land for companies and families.
In turn, in the USA and Asia Pacific the company entered this segment through EDP Renováveis, with the acquisitions of the North American C2 Omega and the Asian Sunseap.
EDP aims to install more than two gigawatts (GW) of distributed solar energy in homes and businesses by 2025.