EDP Renewables (EDPR) has unveiled a new operating model that will organise the company mostly around three global regions – Europe & Latin America, North America, and Asia-Pacific – while increasing the weight of solar and emerging technologies such as energy storage and green hydrogen.
The new organisational structure follows a recent move to buy an at least 87.4% stake in Singaporean solar company Sunseap that will add 540MW in solar projects in operation or under construction to the Iberian utility’s 13GW in installed renewables capacity, which it says make it the world’s fourth largest green power player.
