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EDP Signs Major Contract

EDP, chosen by Verallia, will build five new photovoltaic plants with a total capacity of 15MWp.

EDP Signs Major Contract

Sectors Solar Energy, Photovoltaic
Themes Investments & Transactions, Contracts
Companies EDP
Countries Italy

EDP, chosen by Verallia, will build five new photovoltaic plants with a total capacity of 15MWp. Thus the production of clean energy generated by this partnership could reach 16GWh per year.

A major contract for EDP

EDP announces the largest contract in a European country, Italy. The construction of these parks allows Verallia to consider a reduction of 8,000 tons of CO2 per year. This represents the equivalent of the CO2 emissions of 8,000 thermal vehicles.

Vera Pinto Pereira, Director of EDP, states:

“The collaboration with an international reference company like Verallia will allow us to accelerate the growth trend we are experiencing in Italy and consolidate EDP’s global growth in this very important segment for the energy transition. Every customer who embraces solar energy makes a contribution to an economy that is less dependent on polluting sources and, in the case of Verallia, we are talking about a decisive contribution, with the installation of 15 MWp that will produce clean energy.”

The project includes the construction of plants in the Italian regions of Verona, Savona, Mantua and Vicenza. In total, nearly 28,000 solar panels will be installed by 2023 on a surface of more than 142,000 square meters.

Italy a growing market

Since 2020, EDP is experiencing significant growth in the Italian market. In the last 10 months, it has increased its solar production capacity fivefold. With Enertel, the solar company acquired last year, its total contracts in the country amount to 70MWp. Thus, ithis is the most important partnership announced by EDP in Italy to date.

Indeed , the ecological transition is central to Verallia’s policy. Marco Ravasi, CEO of Verallia, states:

“Sustainability is at the heart of Verallia’s energy agenda. […] The agreement signed with EDP Energia Italia is strategic for us as it allows us to collaborate with one of the leading global players in renewable energy solutions for businesses, giving a strong boost to our commitment to the energy transition, one of the pillars of our roadmap reduce CO2 emissions by 46% by 2030.”

The first photovoltaic park will supply Verallia with renewable energy from the beginning of next year.

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