EnergyWatch

EDP Renewables sees robust year ahead and lower turbine prices

"We will install 500 MW in 2018 and are planning for a more robust year in 2019 and 2020," says vice president for EDP Renewables North America, which is a major Vestas customer.

Portuguese wind developer EDP, a major customer of Vestas, sees some busy years ahead with new projects.

The projects ahead to the end of 2020 will be entitled to a full 100 percent of the PTC scheme, but the company has also entered agreements for 80 percent of the subsidy and also sees possibilities for securing projects at 60 percent, which the subsidy has been reduced to this year.

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