After the launch of the primary module in Could, EDP is now launching the second part of the collaborative innovation program, with the goal of creating revolutionary options in renewable energies and inexperienced hydrogen for the worldwide vitality transition. Functions for startups are open till September 30.
EDP has simply launched the second module of the Power Starter 2022 program, the collaborative innovation program created with the mission of introducing startups and fast-growing know-how firms (scaleups) to EDP specialists from world wide. This program, which already had the primary module in Could centered on the Power Networks of the Future, goals to speed up the event of revolutionary options that contribute to the vitality transition.
Within the second part of this version, tasks with revolutionary options that may be utilized to completely different renewable energies can submit their functions. Renewable sources are applied sciences during which EDP is a world chief, with about 20GW put in and with the aim of doubling this capability by 2025. Startups may also current options that contribute to the event of inexperienced hydrogen, a fast-growing know-how during which EDP has additionally positioned itself, with the event of tasks in its most important geographies. On this space, EDP intends to put money into tasks that assure an extra 1.5 GW of capability by 2030.
Via a-three phases strategy, the seventh version of Power Starter centered on three key areas within the vitality transition panorama. The primary module centered on the Power Grids of the Future and aimed to leverage the vitality distribution grid infrastructure with revolutionary options. In 2023, the third and remaining module of this version will deal with Buyer Options that may assist their decarbonization course of.
Functions for this second part could be submitted till September 30 on this system’s web site. After the analysis course of, these chosen will take part in a bootcamp in Houston, United States, the place, along with EDP and EDP Renewables’ specialists, they may be capable to develop their concepts and work on pilot tasks. At this stage, they may also have entry to a variety of mentors and specialists who will assist them develop their companies. On the finish of this version of Power Starter, the startups can have the chance to check their answer within the vitality sector, in partnership with EDP, within the completely different international locations the place the group is current.
All through its six editions, greater than 150 startups have participated in Power Starter, having accomplished greater than 80 offers (pilots, rollouts, and investments). Within the final version, this system obtained greater than 700 functions.
Growing and discovering revolutionary options for the vitality sector has been a pillar of the EDP group, which intends to take a position one billion euros in innovation by 2025. EDP has groups devoted to Startup Engagement and Ventures in a few of its most important markets and is devoted to the event of Open Innovation, with dozens of startups and tutorial companions, amongst others, being a part of its innovation ecosystem.
About EDP Renewables North America (EDPR NA)
EDP Renewables North America LLC (EDPR NA), its associates, and its subsidiaries develop, assemble, personal, and function wind farms and photo voltaic parks all through North America. Headquartered in Houston, Texas, with 58 wind farms, 9 photo voltaic parks, and eight regional workplaces throughout North America, EDPR NA has developed greater than 8,800 megawatts (MW) and operates greater than 8,200 MW of onshore utility-scale renewable vitality tasks. With greater than 950 staff, EDPR NA’s extremely certified crew has a confirmed capability to execute tasks throughout the continent. For extra info, go to www.edpr.com/north-america.
About EDP Renewables
EDP Renewables (Euronext: EDPR) is the fourth largest renewable vitality producer worldwide, with a presence in 28 markets throughout Europe, North America, South America, and Asia Pacific. Based mostly in Madrid and with most important regional workplaces in Houston, São Paulo, and Singapore, EDPR has a sturdy improvement portfolio with first-class property and a market-leading operational functionality in renewables. These embody wind onshore, utility-scale and distributed photo voltaic, wind offshore (via its 50/50 JV – OW), and applied sciences complementary to renewables resembling batteries and inexperienced hydrogen.
EDPR’s employee-centered insurance policies resulted in its recognition as a High Office 2022 in america, High Employer 2022 in Europe (Spain, Italy, France, Romania, Portugal, and Poland) and Brazil, in addition to its inclusion within the Bloomberg Gender-Equality Index.
EDPR is a division of EDP (Euronext: EDP), a pacesetter within the vitality transition with a deal with decarbonization. In addition to its sturdy presence in renewables (with EDPR and hydro operations), EDP has an built-in utility presence in Portugal, Spain, and Brazil, together with electrical energy networks, consumer options, and vitality administration. EDP – EDPR’s most important shareholder – has been listed on the Dow Jones Index for 14 consecutive years, not too long ago being named essentially the most sustainable electrical energy firm on the Index.