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EDPR enters Chilean renewables market

Commercial operations at the projects are expected to start between 2023 and 2025, EDPR said. The portfolio consists of a 77MW wind farm with a 20-year power purchase agreement, expected to come online in 2023, and 551MW in projects under development. The 551MW includes two wind farms totalling 297MW and one 254MW solar park. These projects will be actively participating in the upcoming regulated tenders and in the private PPA market in Chile, aiming to enter into operation by 2025. Completion of the transaction for the 77MW wind farm is subject to regulatory approval and other customary closing conditions. EDPR and EDP Group chief executive Miguel Stilwell de Andrade said: “We are committed to playing an active role in the energy transition and in the Latin American markets, where Chile offers world class renewable energy generation potential.

EDPR enters Chile with 600MW wind and solar PV deals

Daily Update: April 15, 2021

Daily Update: April 15, 2021
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Europe s power giants send mixed messages on future of natural gas

Europe s power giants send mixed messages on future of natural gas
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As net-zero pressure grows in Europe, some utilities enjoy head start

Up Next How one of Europe s dirtiest utilities is planning to decarbonize . Most of Europe s major utilities have joined the race to net-zero, shedding their most polluting power plants and setting targets to reduce their carbon footprints. An S&P Global Market Intelligence analysis shows that all but three of the 22 largest power and gas utilities on the continent have now set net-zero emissions targets, and many have already made significant strides toward achieving them. But despite this progress, many of the companies still carry carbon-intensive business profiles. Direct emissions from the five biggest polluters in the sector are larger than those of Italy, the world s eighth-largest economy.

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