EDPR increases clean energy production by 16% in H1
In the first six months, EDPR's installed capacity increased to 13.8 gigawatts while the volume of clean energy generated grew 16%.
EDP Renováveis generated 17.8 TWh (terawatt hours) of clean energy in the first six months of the year. According to a statement sent on Thursday to the Portuguese Securities and Exchange Commission (CMVM), this figure represents a 16% growth over the same period last year.
In Europe, generation increased 10% compared to the same period in 2021, impacted by higher installed capacity and a stable renewable resource. in North America, production grow 12% year-on-year (YoY).
However, it was in South America where production more than doubled, growing 111%, to 1040 GWh (gigawatt-hours), boosted by the higher installed capacity in Brazil.
Thus, EDPR’s installed capacity increased to 13.8 gigawatts (GW), 1.2 GW more when compared to the first half of 2021, with Europe and North America representing 40% and 51% of the portfolio, respectively, and presenting “a higher technology diversification with 12.2 GW of wind onshore, 1.3 GW of solar and 1.5 GW of gross wind offshore in operation.”
Between January and June, EDPR achieved a 33% load factor, two percentage points higher than in the same period last year.