Portuguese utility EDP unveiled plans to add up to 8GW of renewables globally as part of a €12bn (13.5$bn) expansion partly funded by divestments.

EDP, whose current 21GW renewables empire is underpinned by its majority-owned EDPR renewable unit, said it will add up to 5.5GW of onshore wind and 2GW of solar under its latest strategic plan running to 2022.