EDP launches its first renewable project in Chile

EDP, through EDP Renewables (Euronext: EDPR), a global leader in the development of renewable energy worldwide, has inaugurated its first operational project in Chile, the Punta de Talca wind farm, located in the municipality of Ovalle. The ceremony was held by the Chilean Minister of Energy, Diego Pardow Lorenzo. The plant contains 14 wind turbines and will contribute 83 MW to the Chilean national electricity system, with an annual generation capacity equivalent to the consumption of 95,000 homes in the region and will avoid the emission of 140,000 tons of CO² per year.

With a total investment of $120 million, it generated more than 350 direct jobs during the construction process, boosting the region’s economy.

This inauguration represents a fundamental step in our growth strategy in South America. Chile is a key market for us, thanks to its commitment to clean energy and its growth potential in the renewable energy sector. Punta de Talca is not only the beginning of a solid relationship with Chile, but also strengthens our position in the global market and our long-term commitment to the sustainability and economic development of the communities in which we are involved,” said João Marques da Cruz, responsible for EDP South America.

The company arrived in Chile in 2021 and currently manages a portfolio of projects for a total of about 1,000 MW, including wind, solar and energy storage projects. In 2023 it was awarded a tender for the development of more than 300 mwp through renewable energy projects in the municipality of Taltal.

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