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EDP has announced its strategic update for the period 2021-2025 with a €24bn plan for investment in the energy transition. 
80% of this investment will be in renewables, improving its portfolio across technologies – wind, solar, hydrogen and storage, with a commitment to deploy 4GW per year and double solar and wind capacity by 2025. The new plan will pave the way for the company to become carbon neutral by 2030. 
EDP is accelerating its investment focused on renewables in Europe and North America.
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