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EDPR Sunseap signs MoU with Korea East-West Power to 'accelerate' energy transition

Bryan Wu
Bryan Wu • 2 min read
EDPR Sunseap signs MoU with Korea East-West Power to 'accelerate' energy transition
Pedro Vasconcelos, EDPR Sunseap executive chairman and Kim Young-moon, president and CEO of Korea East-West Power at the signing. Photo: EDPR Sunseap
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EDPR Sunseap, the Asia-Pacific (APAC) hub of Energias de Portugal (EDP) Renewables, has signed a memorandum of understanding (MoU) with Korea East-West Power (EWP) to jointly develop and provide technical support for clean energy projects in South Korea as well as in the rest of APAC.

The MoU promotes cooperation to accelerate energy transition in priority markets and will further drive EDPR Sunseap’s goal to manage more than 2 gigawatts (GW) of installed capacity across the APAC region by 2025, up from its current base of 0.7GW.

EDPR Sunseap is headquartered in Singapore and present across nine markets, with 700 megawatts (MW) of solar capacity installed and under construction and a pipeline of more than 6GW, while Korea EWP is a state-owned generation company in the Republic of Korea, which was spun off from Korea Electric Power Corporation (KEPCO) in 2001. As of June 30, Korea EWP’s 9.5GW installed generating capacity included 156MW of renewable energy capacity.

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