ENGIE and ArianeGroup have just announced the signing of a cooperation agreement in the field of renewable liquid hydrogen to speed up the decarbonisation of heavy-duty and long-distance transportation. Renewable liquid hydrogen is a zero-emissions alternative to fossil fuels and an answer to the specific storage and endurance requirements of sectors such as maritime and […]
ADB, ENGIE Sign Loan to Support India’s Renewable Energy Development
NEW DELHI, INDIA: The Asian Development Bank (ADB) and the ENGIE group signed a long-term loan of up to 4.66 billion Indian rupees (about $65.5 million) to construct and operate a 200-megawatt alternating current solar photovoltaic-based power plant at Raghanesda Solar Park in India’s western state of Gujarat. The agreement was signed by Principal […]
ChargePoint Raises Another $127M as EV Charging Wars Heat Up
Latest round brings ChargePoint’s total funding to $660 million, as it competes with deep-pocketed rivals such as BP Chargemaster and Shell’s Greenlots. ChargePoint has raised $127 million, its latest massive round of equity financing to build out a U.S. and European charging network to meet the needs of a fast-growing global electric vehicle fleet. Wednesday’s […]
ENGIE to Accelerate Growth in Renewables & Infrastructure Assets
In line with its purpose towards carbon neutrality, and with a view to simplifying the Group, ENGIE Board approved acceleration of investments in renewables and infrastructure assets as ENGIE intends to implement a new capital allocation strategy, focusing on two growth areas servicing the energy transition. ENGIE plans to accelerate its development in renewables, […]
ENGIE plays the long game in Africa
ENGIE faced a steep learning curve as a first mover in Africa’s renewable energy sector. But the company and its African customers and partners are now reaping the rewards. ENGIE Africa employs around 4,000 people across the continent from Morocco to Uganda. Many of them work in the off-grid sector, designing and installing infrastructure, and […]
Energyworx Announces Investment from ENGIE
SaaS-based Energy Data Management platform supports utility companies with the energy transition; investment from ENGIE New Ventures will be used to scale and accelerate international growth HOUTEN, The Netherlands: Energyworx, a market leader in cloud-based Energy Data Management solutions announces a strategic investment by ENGIE, through its venture capital arm ENGIE New Ventures. Based […]
In U.S., Engie and Hannon Armstrong Form Multi-Gigawatt Renewables Partnership
The portfolio will stretch across five states and encompass both wind and solar projects. The North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt portfolio of U.S. wind and solar projects slated for completion this year. The two will split equity ownership […]
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 […]
Engie Looking for More US Clean Energy Acquisitions: North America CEO
French power giant plans to ramp up investments into U.S. batteries, hybrid renewables and offshore wind — but gas plants are off the menu. Engie is on the lookout for more clean energy acquisitions in the U.S., where the company plans to ramp up its investments into grid-scale batteries, hybrid renewables projects and offshore wind, […]