EDPR's 9-mo renewables production up 5% y/y

EDP Renovaveis wind farm

October 15 (Renewables Now) - EDP Renovaveis SA's (ELI:EDPR) total renewable power generation in the first nine months of 2021 increased by 5% year-on-year to 21.5 TWh.

According to the report released by the company on Thursday, the growth came because of higher installed capacity and improved resources in Europe and Brazil.

Among the firm's markets, the most notable increase was registered in Brazil, where EDPR's generation was up by 53% to 1,204 GWh.

Further details on EDPR's global generation, in GWh, are available in the table below.

Country 2021 2020 Y/Y variation
Spain 3,496 3,088 13%
Portugal 2,114 1,808 17%
Rest of Europe 2,270 2,271 ---
US 11,464 11,803 -3%
Canada 172 55 ---
Mexico 729 545 34%
Brazil 1,204 785 53%
Vietnam 14 --- ---

As of September 2021, EDPR managed a total renewables portfolio of 13 GW, with Europe and North America accounting for 40% and 55%, respectively. The firm currently has 2.7 GW of new capacity under construction.

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