The Department of Energy (DOE) announced on Tuesday the “strong interest” it received from Energias de Portugal (EDP) and EDP Renewables (EDPR) to invest in renewable energy (RE) projects, and alternative fuels, like hydrogen. Know more:
The Department of Energy announced on Tuesday the “strong interest” it received from Energias de Portugal and EDP Renewables to invest in renewable energy projects, and alternative fuels, like hydrogen.
Portugal, as an early starter in RE, is interested in the DOE’s approach in developing and utilizing the country’s RE sources. Meanwhile, EDPR was established to manage, operate, and invest in the renewable assets’ portfolio of the EDP. It is the world’s fourth largest wind energy producer and is a global leader in onshore wind farms.
Lotilla, for his part, shared the areas for cooperation such as the development of offshore wind and floating solar, hydrogen and ammonia production using RE, liquefied natural gas importation, and improvement of transmission and distribution lines in the Philippines to support its economic development and energy transition agenda.
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