US. EDP Renewables invests 600 million in 2015
Company wants to create new parks in three new states. In 2016 repeats the investment.
EDP Renováveis plans to invest EUR 600 million this year in the US. The company led by John Manso Neto will build three new wind farms in Oklahoma, Kansas and California, said the head during a meeting with reporters at the company’s headquarters in Houston, USA. “Renewable today can be more competitive” than the other energies, although the “gas continue to be precise,” said Manso Neto at the time. And he took the opportunity to add that in 2016 plans to make new investment of 600 million euros in two new parks.
EDP Renováveis will thus rely on 36 wind farms in this country, and a solar park. The creation of these new five units in the next two years, will allow an increase in production capacity of around 800 megawatts – MGW 400 per year – which will join the installed capacity of 3,996 megawatts currently holding
<. p> Manso Neto ensured that the North American market continues with a capacity of appealing growth, mainly due to the new rules of the country in environmental terms, which will force a significant reduction in carbon emissions by 2020. The market will have to reduce by about 15% of the current energy consumption from fossil fuels, which means that there is room for renewable grow. And even with the development of shale gas or shale gas – “we are not discarding, it will grow.” – Space for wind and solar energy is not insignificant
The EDP R has focused primarily At first, since the production costs are considerably lower, and the most sophisticated market, in the sense that their specificity course ultimately reduce competition. In addition to the solar has a return of only 8%, which turns out to not make the investment. “Renewable going to have a very strong role,” said Manso Neto, signaling that the US market is betting the long run.
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