“We have an already ambitious plan so I won’t be saying we will be changing it…but the outlook is more positive, there will be more opportunities,” Enel Green Power Chief Executive Salvatore Bernabei said. MILAN: Enel sees more opportunities for its renewable energy business in the U.S. where prospects have improved with the arrival of […]
Pandemic changes may point way to sustainable cities of the future
Rigid school and office hours have given way to a more flexible system of working during the pandemic that puts less pressure on transport systems and energy grids LONDON: City dwellers and planners should build on the dramatic changes swept in by COVID-19 to create a more sustainable and low-carbon future, urban experts told a […]
Enel, Qatar’s Sovereign Fund to Develop Renewables in Africa
Enel SpA has signed a joint venture agreement with Qatar Investment Authority, the Middle East nation’s sovereign wealth fund, to own and develop renewable energy projects in Africa. Enel Green Power, a unit of the Italian utility, will partner with QIA, which will acquire a 50% stake in about 800 megawatts of projects built and […]
Enel pens deal with China’s Weltmeister to boost electric car exports
Enel X, Enel’s advanced energy services unit, said it would offer smart charging solutions and one-stop after-sales services for Weltmeister products exported to overseas markets. MILAN : Italian utility Enel said on Wednesday it had inked a deal with Weltmeister to develop the Chinese-owned electric car brand’s charging infrastructure globally and help boost exports. Enel […]
South Africa Renewables Developers Impatient for New Bidding Opportunities in 2021
A stop-gap procurement ending this month raises hopes for a new bid window soon. South African independent power producers (IPPs) are hoping for the return of a national procurement program next year following a stop-gap auction ending this month. Offers to cover 2 gigawatts of “risk-mitigation” IPP capacity were due by Dec. 22, after an […]
Enel to invest 160 bln euros by 2030 in clean energy drive
ENEL-PLAN/ (UPDATE 1) UPDATE 1-Enel to invest 160 bln euros by 2030 in clean energy drive MILAN: Europe’s biggest utility Enel will spend 160 billion euros ($190 billion) over the next 10 years and mobilise even more as it steps up plans to clean its business and become a carbon-free company by 2050. The group […]
Italy’s Enel to help build green hydrogen plant in Chile
MILAN: Italy’s Enel ENEI.MI plans to team up with Chilean power company AME and others to install a pilot project to produce green hydrogen in Chile, the utility said on Friday. The plant, which is expected to be commissioned in 2022, will be the first green hydrogen plant of its kind in the country […]
These 7 auctions show India’s renewables sector is still primed for growth
Despite pandemic disruptions, there is plenty of investment capital available for renewable projects While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a […]
Enel to build first solar plant in India after winning tender
MILAN: Italy’s biggest utility Enel said on Tuesday it had won its first photovoltaic tender in India and would be spending around $180 million to build its first solar plant in the country. In a statement, the group said its green energy unit had won the right to sign a 25-year energy supply contract […]
Red tape thwarts South Africa’s green energy potential
Based on the government’s plan to add 2.6 gigawatts (GW) of as yet unprocured wind and solar capacity in 2022, the next auction could attract more than $2 billion in investment, a analysis of industry estimates found JOHANNESBURG: World-leading renewables companies are lining up to invest in South Africa’s energy sector and help remedy a […]