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EDP Renewables targets distributed generation in US after C2 Omega acquisition
EDP Renewables’ 20MW Cameron Solar Park in South Carolina. Image: EDP Renewables via Twitter.
EDP Renewables (EDPR) has completed its acquisition of the distributed solar platform of renewables investor C2 Energy Capital.
The platform, called C2 Omega LLC, has 89MW of operating capacity and a 150MW development pipeline including 200 installations in 16 US states.
Miguel Prado, chief executive of EDPR North America and of the new business arm, said the acquisition’s close “confirms our commitment to the North American market”, which the company said it would target for future growth in the coming months. EDP currently operates more than 7GW of renewable energy projects in the market.
Image: Bboxx Kenya
Global energy giant EDF has bought a 23% stake in off-grid solar company Bboxx’s Kenyan business.
Bboxx, which specialises in building, financing and operating off-grid solar installations in the African market, is partnering with EDF to expand its footprint in Kenya by capitalising on the energy group’s commercial resources and financial clout. Kenya is already Bboxx’s largest market, according to the company, and has been operating there since 2011.
Bboxx’s solar systems are eligible for mobile, pay-as-you-go payments, and they allow customers to power domestic appliances, such as TVs, radios, fans and mobile telephone chargers.