Portugal’s renewable energy group EDP Renováveis (EDPR) has signed an agreement with the Greek infrastructure group Ellaktor to jointly develop an onshore wind portfolio with a capacity of 900 MW. The wind projects are currently under different development stages and will strengthen EDPR's assets in Greece. EDPR already contracted 152 MW in recent wind auctions to start operations in 2021 and 2022.
The country's installed capacity (nearly 20 GW at the end of 2019) is 49% renewable, including 18% of wind (3.5 GW), 17% hydropower (3.4 GW) and 14% solar (2.8 GW). Under its National Energy and Climate Plan (NECP), the country targets a 35% share of renewables in gross final energy consumption in 2030. To reach this target, solar PV capacity should more than double to 8.7 GW in 2030, enough to generate 11.8 TWh/year; wind capacity should also double to 7 GW, generating more than 17 TWh/year.