(ADPnews) - Dec 27, 2010 - Portuguese regional electricity operator EDA will invest EUR 100 million (USD 131.3m) in hydro, wind and geothermal power plants in the coming four years.
The company targets half of the electricity consumption in the Azores Islands to be secured by renewable sources in 2015, daily Oje wrote in its Monday edition.
Now, some 30% of the power consumed in the region is generated by hydro, wind and geothermal plants. This share is expected to come in at 75% in 2018.
(EUR 1.0 = USD 1.313)
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