Europe’s biggest utility said it had agreed to acquire a 527 megawatt portfolio of assets from ERG generating an average of around 1.5 terrawatt hours of power per year. MILAN : Enel said it has agreed to buy hydroelectric assets from Italian renewable energy group ERG in a deal worth one billion euros ($1.19 billion). […]
Enel Recycles Blades For Energy Storage
Link up with Swiss company Energy Vault to use old materials for a gravitational energy storage system. Enel Green Power is partnering with Swiss company Energy Vault to integrate the recycling of decommissioned wind turbine blades into the weights used by the latter’s gravitational energy storage system. The partnership aims to integrate the gravity energy […]
Enel Eyes Potential Green Hydrogen Project in Russia
ST PETERSBURG, Russia : Europe’s biggest utility Enel is looking to develop a green hydrogen project in Russia as part of plans to expand its renewable energy business in the country, Enel’s Head of Europe, Simone Mori, told Reuters in an interview. Mori said Enel was looking into the possibility of producing hydrogen in connection […]
Enel sees more opportunities in US renewables under Biden administration
“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 […]