Mudar

EDP begins construction of its first renewable project in German

Wednesday 27, November 2024

The Ketzin solar plant, with an installed capacity of 87 MWp, is due to come into operation in 2025 and will generate enough energy to supply more than 28,000 homes.

EDP, through EDP Renewables, has begun the construction of its first utility-scale renewable energy project in Germany, materializing the ambition it has set out for developing clean energy in the country.

The Ketzin project, located in Brandenburg, west of Berlin, was developed through Kronos Solar EDPR, a company acquired by EDP in 2022, the year the company began operations in Germany. The project has an installed capacity of 87 MWp and, once operational, is expected to produce around 91 GWh annually — enough to power over 28,000 households, covering approximately 30% of Potsdam city’s population, and prevent approximately 75,000 tons of CO2 emissions.

“The start of construction of Ketzin is a milestone for EDP and to all Kronos Solar EDPR teams as it marks the first step of our ambitious growth plan for Germany. With more than 5 GWp of utility-scale solar projects in different stages of development and with a dedicated team to drive wind and other renewable technologies, Germany is to become one of the most important markets for EDP’s global ambitions”, highlights Duarte Bello, CEO of Europe for EDP.

While EDP's near-term projects in Germany are focused on large-scale solar capacity - with a target of installing over 400 MWp in the next 2 years -, EDP's long-term strategy includes not only solar but also expanding and diversifying its portfolio with a strong focus on wind power and BESS, expecting to build-up its contribution to the needed energy transition in Germany with over 1GW of new projects by 2030.

Germany will account for about 20% of EDP’s European investment by the end of its current Business Plan, and around 25% by 2030, reflecting the company’s ongoing commitment to supporting Germany’s energy transition.