December 6, 2021 Read More →

Enel secures license to offer green retail power in Australia

Renew Economy:

The Italian based Enel Group, the world’s large private renewable energy player, has secured its energy retail licence in Australia and plans to offer a unique “green-tailer” product in the local market, combining renewables, virtual power plants and an EV charging option for its customers.

The push by Enel into the Australian energy retail space, following approval of its licence by the Australian Energy Retailer, is the latest of a string of attacks on local energy incumbents, including by Shell, which has snapped up ERM and PowerShop, and Telstra, which will draw on its 5 million telco customers.

Enel already operates the biggest solar farm in South Australia, the Bungala facility near Port Augusta (pictured above), and is putting the finishing touches to the Cohuna solar farm in Victoria, and has plans for at least another gigawatt of wind, solar and battery storage installations across the country.

It operates more than 51GW of renewables capacity around the world – a combination of wind, solar, hydro and geothermal in more than 30 countries.

[Giles Parkinson]

More: World’s biggest renewables player to create major “greentailer” in Australia

Comments are closed.