EDF boosts renewable energy output in first six months of 2017
EDF Energies Nouvelles enjoyed a successful H1 2017, with output rising 5% to 6.4 TWhs, installed capacity up by 0.8 GW on 2016 to 6.7 GW and sales hitting €620m ($730m), up 7.5% YoY. The company also completed its acquisition of renewable energy business Futuren during the period. "The reorganisation of the French nuclear sector has also reached essential and positive milestones in recent months," said CEO Jean-Bernard Lévy.
EDF Energies Nouvelles increased output by 5% to 6.4 terrawatt hours in first six months of 2017, and boosted installed capacity by 0.8GW to 6.7GW by the end of June compared with last year.



The increase in output was mainly from wind and North American assets, the company said.

EDF EN had 2.4GW of new capacity under construction at the end of June, of which 0.9GW was solar.Sales at the unit were up 7.5% at €620m in the first half of 2017, compared with €577m in the same period last year.The company also completed the acquisition of Futuren in the period.EDF chairman and chief executive Jean-Bernard Lévy said: “The first half of 2017 was marked by an acceleration in the area of renewable energies, with, in particular, the takeover of Futuren and the increase in installed net capacity.“The reorganisation of the French nuclear sector has also reached essential and positive milestones in recent months. I would like to thank our teams for their daily efforts to make EDF the leader in low-carbon growth.”