New agreements for offshore wind in Italy could add to a growing capacity that could meet the energy demands of more than a million homes, Italian energy company Eni said Wednesday. GreenIT, Eni’s joint venture with Italy’s CDP Equity and Copenhagen Infrastructure Partners, signed an agreement to build three floating wind farms off the coast […]
EGYPT: Italy’s ENI Diversifies, Will Produce And Export Green Hydrogen
The oil group ENI has just signed an agreement with the Egyptian authorities for the production and marketing of hydrogen produced from renewable energy sources. The agreement is part of the Italian energy group’s strategy to diversify its activities. The rush towards green hydrogen continues in Egypt. The ENI group, which specialises in hydrocarbons, is […]
Italy’s ERG Pledges 2.1 Billion Euros to Become Pure Green
Italy’s ERG pledged on Friday to spend 2.1 billion euros ($2.5 billion) over the next five years to complete its transition to an entirely renewable company and drive earnings. Already Italy’s biggest wind operator, which generates some 60% of earnings from wind power, ERG said it aimed to add 1.5 gigawatts (GW) of capacity by […]
Italy’s Eni to shed retail-renewable energy stake
Several European energy companies, including Spain’s Repsol , aim to divest parts of their renewables business to raise money to reduce debt and pay for the shift away from oil and gas MILAN: Italian energy group Eni is planning to spin off a minority stake in its new retail and renewable business next year, it […]