Italian energy group Edison, owned by France’s EDF, is gearing up to sell a stake of up to 40% in its renewable energy generation arm as it seeks to capitalise on investor appetite for green assets, four sources familiar with the matter said. The company is working with Lazard and Societe Generale to attract deep-pocketed […]
Masdar and EDF start construction work on 300MW solar plant in Saudi Arabia
A consortium between Abu Dhabi-based Masdar, EDF Renewables and Nesma Holding Company has broken ground on a 300MW PV project in Saudi Arabia. The Jeddah solar plant, located 50km south-east of the city of Jeddah, will feature bifacial modules and single-axis trackers, while robots will be used to clean the modules. Saudi Arabia’s Ministry of […]
EDF successfully installs 100,000 smart meters in India, to launch commercial rollout of its 5-million smart meters contract
Global low-carbon electricity leader EDF successfully installed 100,000 smart meters in India under its contract with Energy Efficiency Services Limited (EESL), an energy service company under administration of Ministry of Power, Government of India and the world’s largest public ESCO (Energy Services Company). This is the first large scale prepaid smart meter solution to be […]
EDF continues energy storage push with PowerUp investment
EDF has invested in cleantech startup PowerUp in a bid to support its 10GW of storage by 2035 ambitions. Alongside EDF, PowerUp has received funding from its historic investor Supernova Invest as well as business angels. The company aims to extend the lifetime and optimize the performance of lithium-ion batteries using measure, act, predict (MAP) […]
Renewables Buoy RWE and EDF as Clean Energy Outlook Brightens
RWE forecasts 10 gigawatts of cumulative renewables deployments by the end of 2020; EDF has nearly 40 GW of wind and solar in its pipeline. Two of Europe’s major utilities have demonstrated the signs of a post-coronavirus lockdown recovery, highlighted by growing renewables capacities. EDF and RWE both reported their Q3 results at the end […]
EDF to Sell Record $2.8 Billion of Green Convertible Bonds
France to buy into deal, which supports renewable energy Power company also set to price two-part hybrid bond offering Electricite de France SA is selling 2.4 billion euros ($2.8 billion) of convertible bonds in a record green deal as it raises funds for renewable-energy projects and bolsters its balance sheet following the coronavirus pandemic. […]
EDF-Jinko Power consortium wins deal for major solar project in Abu Dhabi
EDF said the Abu Dhabi solar photovoltaic plant would have a capacity of 2 GW, which would make it the largest single-project solar plant in the world, generating the equivalent electricity to power more than 160,000 households each year PARIS: A consortium formed by French state-controlled power group EDF and its Chinese partner Jinko Power […]
EDF wants India to play important role in its strategy of becoming carbon neutral by 2050
EDF has an ambitious target of doubling renewable installed capacity worldwide by 2030 to 50 GW and has identified renewable energy, smart metering, smart cities, transmission and distribution, and nuclear power as key growth areas in India Mumbai: French electric utility company Électricité de France (EDF) expects India to play an important role in its […]
Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement
The winners range from energy storage stalwarts to relative newcomers to the large-scale battery business. Hawaiian Electric this week revealed the full list of winners from its second large-scale procurement of energy storage and renewables for the islands of Oahu, Maui and Hawaii. The winners run the gamut from major industry players like AES and Engie to […]
5 Wind Energy Giants Embracing Solar Power
More heavyweight wind developers are betting big on solar. Here are five to watch in the decade ahead. Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a […]