EDF Renewables is a world leader in renewable energy. The company develops, builds, and operates clean energy power plants in more than 20 countries, both for its own account and for third parties. Historically, EDF Renewables primarily developed its business in two geographical areas, Europe and North America (U.S., Canada and Mexico). Since 2012, the company has taken position in additional countries with strong renewable energy potential such as South Africa, Israel, Chile, Brazil, India, and China.
As of December 31st, 2019, the Company’s gross installed capacity amounted to 12,607 MW worldwide, with net installed capacity standing at 8,123 MW and gross capacity under construction at 5,041MW.
EDF Renewables is a subsidiary of French state-owned EDF, helping the EDF Group to achieve its renewable energy goals. The EDF Group generates low-carbon electricity around the world and actively participates in the energy transition. It plans to double its renewable capacity by 2030, from 28 GW (including hydro) to 50 GW, as part of its strategic project “CAP 2030”. EDF’s goal is to produce low-carbon energy at competitive cost. EDF Renewables prioritizes development of wind and photovoltaic solar capacities. Mindful of developments taking place in additional promising segments, the company is also involved in distributed generation, energy storage and marine energy.
A four-pronged development strategy:
- Low-carbon energy: continue to invest in our main segments, wind (onshore and offshore) and photovoltaic solar energy.
- International expansion: boost our international positions by concentrating our development and strengthening our operations in key countries including France.
- Innovation: help foster the emergence of new technologies in marine energy (floating wind, tidal, etc.), energy storage and photovoltaic solar energy, while also helping to optimize mature renewable technologies and boost the development of industrial clusters based on them.
- Partnerships: focus on local partnerships to position ourselves in new markets and foster local economic activity.