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Energy Live News: Enel Green Power, a subsidiary of Enel Group, has started commercial operations of what is described as South America’s largest wind farm. The company has invested €620 million (£533m) in the construction of the 716MW Lagoa dos Ventos wind farm. The project consists of 230 wind turbines and is forecast to generate […]
IEEFA
Bloomberg ($): Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more. Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the […]
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Bloomberg ($): The red-and-white flue stacks of the James M. Barry Electric Generating Station tower over the Mobile River, belching steam into the Alabama sky. The sprawling complex of coal and natural gas plants already spews more than 7.5 million metric tons of carbon dioxide-equivalent every year. Now it’s about to get even bigger, with […]
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Wall Street Journal ($): Businesses are buying more renewable power, and oil majors want a piece of the action. European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp. , treading […]
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S&P Global Platts ($): Chile plans to close half of its coal-fired power plants by 2025, 15 years ahead of a deadline to eliminate the fossil fuel from its power mix, Energy Minister Juan Carlo Jobet said April 28. “We are continuing to consolidate the age of clean energy and leaving behind the coal age,” […]
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Balkan Green Energy News: Renewable energy company Enel Green Power, part of the Enel Group, and Monsson Alma, a subsidiary of Monsson Group, have signed an agreement on the development of 500 MW of wind power and 500 MW of solar projects in Romania. The projects will be ready for construction in the next three […]
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ReNews.biz: Enel Green Power North America has started construction of the Azure Sky wind plus storage project in Texas that, once operational, will supply Kellogg Company with electricity through a 100MW virtual power purchase agreement (VPPA). The project will comprise a 350MW wind farm coupled with 137MW of battery storage in Throckmorton County. Azure Sky […]
Press Release, Tim Buckley and Saurabh Trivedi
The key domestic and international institutions driving renewable energy growth in India
16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]
IEEFA
Reuters: Spanish utility Endesa is planning to invest 2.9 billion euros ($3.5 billion) to develop 23 green hydrogen projects in Spain to boost the green transition in the country. Endesa, controlled by Italian utility Enel, said in a statement on Monday it had presented plans to the Spanish government to build electrolysers with an overall […]
IEEFA
S&P Global Market Intelligence ($): Enel SpA is planning to entirely phase out natural gas from its portfolio as it shoots for a net-zero emissions target, arguing that technology to capture carbon has proven to be a bad bet in energy companies’ quest to decarbonize. “We have a net-zero target for 2050. That’s clearly a […]
IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity
The key domestic and international institutions driving renewable energy growth in India16 February 2021 (IEEFA India): A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). […]