Renewables, the fourth biggest renewable energy producer in the world, with projects of renewable energy in Romania, announced on Wednesday that they implement a new operating model. As part of their business plan for 2021 – 2025, EDPR means to implement 20 GW new capacity, with supplementary capital investment of 19 billion euro and an organization of 3,000 employees. ‘This includes the extension of the market at global level, including through acquisition of Sunseap which will allow the group to extend its geographic presence on 26 markets. Similarly, the new operating model includes the growth of the share of the solar energy and other new technologies production, such as storage of energy and green hydrogen’ the company announces. The operating model will organise EDPR over three regions: Europe- Latin America, North America and Asia-Pacific, followed by integrated approach of the global functions as centres of excellence such as Acquisitions, Investments and Technical Engineering, where the company may put to value its global footprint to support its competitive advantage. Miguel Stilwell d’Andrade (CEO) and Rui Teixeira (CFO) will work with the people nominated as COO for the three regions, Duarte Bello, leader in Europe and Latin America, Pedro Vasconcelor, leader in the Asia-Pacific region, Sandhya Ganapathy, leader in North America, as well as together with Bautista Rodriguez, Chief Technical Officer (CTO) and in charge with the offshore business through JV Ocean Winds of EDPR. By means of the new organisational structure and the nominations in the management team, the company consolidates its basic regions to stimulate growth, and to strengthen its position as a leader on these markets. EDPR accelerated its growth in 2021 by adding 2.5 GW of new capacities over the first nine months, getting the installed aggregated capacity to 13 GW. EDP Renewables (Euronext: EDPR) is a world leader in the sector of energy from renewable sources and the fourth biggest producer of energy from renewable sources in the world. With definite development, shares of first class and operational capacity as a market leader, EDPR had an exceptional development over the last years and it is present on 26 international markets in Europe, Latin America, North America and Asia. EDP, the main shareholder of EDPR is a global energy company and a leader in adding value, innovation and sustainability. EDP was included in the Sustainability Index Dow Jones for a period of 14 years in a row and was recently acknowledged as being the most sustainable electrical utility in the world in the Dow Jones index.
Around 32% of Romanians plan to spend their upcoming holidays abroad, with Greece, Italy, and Spain topping the list of preferred destinations, according to the Visa CEE Travel and Payment Intentions Study 2025. Of those going abroad for the summer, nearly 40% say they are “experience seekers,” prioritizing discoveries and stepping out of their comfort […]
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s presidential elections, will remain under judicial supervision after the District 1 Court in Bucharest rejected his appeal against the prosecutors’ decision to extend the preventive measure,
The mayor of Timișoara, Dominic Fritz, will be the new leader of the Save Romania Union party, or USR, after he received 67.2% of the votes in an internal race. The vote for the new party president was conducted online and started Wednesday at 10 AM and ended Friday at noon. A total of 10,914 […]
The Sports Barometer in Romania, a study conducted by IRES and presented on Thursday, June 12, during the Sports Festival, reveals that 32% of Romanians do not engage in any type of physical activity, and that as age increases motivation drastically decreases. According to the study, 28% of Romanians are super-active and do a form […]
The Romanian-American University has officially launched the country’s first Department of Latin American Studies (DSLA), marking a significant step in its internationalization efforts. The inauguration brought together official representatives from eight Latin American countries - Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru, and Uruguay - underlining the strong diplomatic support for deepening educational and cultural […]
Romanian president Nicușor Dan laid wreaths on Friday, June 13, at the Monument dedicated to the memory of the victims of the June 13–15, 1990 Mineriad and at the “Kilometer Zero of Democracy” Monument. The violent events of June 1990 remain in post-communist memory as the “June 13–15, 1990 Mineriad” and refer to the repression, […]
