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Portugal's EDP to Spend $27 Billion on Renewable Energy Across World

Portugal

March 3, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--On Thursday, Portugal's Energias du Portugal (EDP) (Lisbon) revealed its strategic financial plans through 2026, with plans to spend 25 billion euros (US$27 billion) to double its renewable energy capacity by 2026. The move would give the company 7.4 gigawatts (GW) of new renewable capacity in North America and 5.6 GW in Europe by 2026. Industrial Info is tracking nearly US$38.5 billion worth of projects attributed to EDP, including more than US$6.9 billion worth in North America.

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