Engie

IEEFA Research

IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown

IEEFA: Renewable energy investment in India bounces back from COVID-19 slowdown

Investment in Indian renewables was US$6.6 billion between April and July 2021, beating the total for the previous financial year

19 August 2021 (IEEFA India): Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April […]

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

IEEFA: Global investors are moving away from the massive climate-related risks associated with fossil fuels

Top debt and equity investors committed over $300 billion in 2020 into building renewable energy capacity

19 July 2021 (IEEFA Australia): Despite the economic disruption from COVID-19, top global debt and equity investors are continuing to drive capital into the renewable energy infrastructure sector due to its consistency in providing investment opportunities, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “Global investors are accelerating their […]

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

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 U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

IEEFA report: Benefits to Engie from closing three German coal-fired power plants would outweigh any gains from selling them

Shutdown would be in line with corporate responsibility commitments, prevent rivals from gaining market share, and signal that utility giant “is part of the solution” to Germany's coal phase-out plans

Sept 4, 2018 (IEEFA) — The French multinational energy company Engie would be better off closing its three coal-fired plants in Germany than selling them, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The authors of the report see Engie best protecting its position in the German electricity […]

More News and Commentary

European utilities continue their exit from coal-fired electricity generation

S&P Global Market Intelligence ($): Utilities in Europe are continuing to move on from coal power after a challenging price environment led to billions in write-downs and a wave of early closures in 2019, with government phaseouts set to cut down the list of remaining power plants even further in the coming years. Francesco Starace, […]

March 30, 2020 Read More →

Tractebel to build 30MW floating solar project in Brazil

PV Magazine: Engineering firm Tractebel, a unit of French energy giant Engie, will develop the basic design of three floating PV arrays with 30MW of capacity at the 52.2MW Batalha hydropower project, which is owned by Brazilian state-run power company Eletrobras Furnas. The Batalha Photovoltaic Plants (UFVs) I, II and III will feature 90,900 solar […]

February 26, 2020 Read More →

World’s largest floating wind turbine begins generating power off the Portuguese coast

Greentech Media: The world’s largest floating wind turbine has begun generating power off the coast of Portugal. The WindFloat Atlantic project connected the first of three 8.4-megawatt MHI Vestas turbines planned for installation. The second turbine is on site for connection. WindFloat Atlantic is being developed by the Windplus consortium, comprising Portuguese utility EDP Renewables […]

January 3, 2020 Read More →
IEEFA update: Tipping point looms for fossil fuels as capital flows to renewables
and

IEEFA update: Tipping point looms for fossil fuels as capital flows to renewables

Shareholder wealth destroyed as thermal coal goes up in smoke

December 21, 2019 (Sydney IEEFA) — A tipping point for the future of fossil fuels may have been reached this year as financial markets massively down-rated traditional energy companies, with their slumping share prices destroying “staggering” amounts of shareholder wealth. That is the view of Tim Buckley, Director of Energy Finance Studies at the Institute […]

and December 20, 2019 Read More →

Technology firms driving sharp rise in renewable energy demand in Virginia

S&P Global Market Intelligence ($): Technology firms are buying more than half the solar-generated electricity produced in Virginia, and a state official expects the industry to drive increasing demand for clean energy resources. Virginia has 512 MW of operating solar capacity, according to S&P Global Market Intelligence data, with more than double that amount, 1,324 […]

December 19, 2019 Read More →

France drops coal projects, restricts financing of fracking and flaring globally

Reuters: France is considering halting funding guarantees for energy projects abroad that involve fracking or flaring, according to a finance ministry report. The government aims to make its program of state guarantees for export financing more environmentally friendly and is dropping support for coal projects as a first step. Next year it will also look […]

November 6, 2019 Read More →

U.S. power plant retirements exceed additions by more than 1,000 MW in September

S&P Global ($): U.S. generating capacity declined by a net 1,124 MW in September, as 1,185 MW of new operating capacity went online and 2,309 MW of capacity was permanently retired, according to S&P Global Market Intelligence data. A total of 15 generation units were completed, while seven units were retired. Wind accounted for 84.8%, […]

October 30, 2019 Read More →

Engie to replace its coal plants in Chile with 1,000MW of renewable energy

Renewables Now: Engie Energia Chile SA launched on Friday the construction phase of its investment plan to install 1,000 MW of renewables, which starts with three projects in the Chilean region of Antofagasta. Two of the three are already in construction, the Chilean energy company said. These are the 150-MW Calama wind farm and the […]

October 7, 2019 Read More →

Mitsubishi buys into off-grid solar company BBOXX

The Guardian: A British energy firm lighting up homes in Africa with pay-as-you-go solar power has secured £40m to extend its reach to Asia with the help of Japan’s Mitsubishi. The conglomerate has taken a stake in off-grid solar company BBOXX through the start-up’s latest funding round, which will power the Africa-focused company deeper into […]

August 29, 2019 Read More →

French companies secure financing for 60MW of solar in Senegal

PV Magazine: A trio of international development lenders will provide €38 million in loans to fund two 30 MW solar power plants in Senegal. The Proparco unit of the French Development Agency, the European Investment Bank (EIB) and the International Finance Corporation (IFC) have made the funds available to project development partners French power company […]

July 24, 2019 Read More →