4 August 2017 2017 12:45 PM GMT

Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España, has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3,000 MW from renewable energies, that was launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May.

“This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies. “Together with the wind capacity awarded in May, this 339 MW of solar capacity will bolster our renewable footprint in Spain, while also contributing to the country’s push to achieve its green energy goal.”

The Enel Group will be investing approximately 270 million euros in the construction of the solar capacity, which is part of the investment outlined in its current Strategic Plan. The plants, expected to enter into operation by 2019, will sell their energy in the Spanish pool market while the Spanish Government will provide incentives, by means of yearly capacity payments, to guarantee a steady return over the 25 years of the facilities’ lifetime.

The solar capacity will be delivered by power plants that will be located in the regions of Murcia and Bajadoz. Once up and running, the plants will generate approximately 640 GWh per year, while avoiding the emission of around 384,000 tonnes of CO2 into the atmosphere.

EGPE is fully owned by Endesa Generación and operates around 1,675 MW of capacity in Spain, of which 1,618 MW comes from wind, 43 MW from hydropower and 14 MW from other renewable energy sources like solar and biomass. EGPE plants generate around 4 TWh of green energy each year.

The Enel Group is a multinational energy company and one of the world’s leading integrated electricity and gas operators. It operates in 31 countries across 5 continents, generating energy with a net installed capacity of around 83 GW and distributing electricity and gas across a network spanning about 2.1 million km.

With more than 65 million end users around the world, it has the biggest customer base among our European competitors, and is one of Europe’s leading energy companies by installed capacity and reported EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization).

The Enel Group is made up of nearly 63,500 people from around the world whose work is based on its values of Responsibility, Innovation, Trust and Proactivity. Together they are working on the shared goal of “Open Power” in order to tackle some of the world’s greatest challenges.

Image: Courtesy of ENEL Green Power

October 9th 2017
ASEAN Eyes Clean Energy To Fuel Economic Growth And Build Climate Resilience

Governments of ASEAN and the International Renewable Energy Agency (IRENA), have established a strategy to accelerate the region’s transition to low-carbon, sustainable energy and build its climate resilience. “Increasing investment in renewable energy across Southeast Asia’s growing populations has significant social and economic benefits across the region, liberating them from expensive fossil fuel imports while boosting economic growth, supporting energy security, job creation and national resilience,” said Adnan Z. Amin, co-chair of the Dialogue.

October 16th 2017
Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

September 15th 2017
Ministerial Meeting Gathers in Italy To Scale-Up Geothermal Energy Worldwide 

Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting is the largest such ministerial gathering dedicated to geothermal energy development. Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 GW.

October 11th 2017
Engie Wins 832 MW Hydropower Plant Orders In Brazil, Strengthens Market Lead

During the auction held recently by the Brazilian Federal Government, ENGIE won concession contracts for two hydropower plants (HPP) for a total amount of around €950m (BRL3.531bn). The Jaguara HPP, located in Rio Grande (between the states of Minas Gerais and São Paulo), with a 424 MW installed capacity and the Miranda HPP, located in Rio Aragui, in Indianápolis (Minas Gerais State), with a 408 MW installed capacity. The concession contracts are signed for a 30-year period. They raise the installed capacity of ENGIE from 10,290 MW to 11,122 MW and reinforce ENGIE’s position as the largest private energy producer in Brazil.

October 10th 2017
Enel Starts Construction Of Australia’s Largest Solar PV Project

The Bungala Solar One facility is part of the Bungala Solar PV Project and will have an installed capacity of 137.7 MW out of a total of more than 275 MW for the whole project, that will be able to produce 570 GWh per year. The facility will cover an area of approximately 300 hectares and will consist of about 420,000 polycrystalline PV modules mounted on single-axis tracker structures which will follow the Sun’s path from east to west; increasing the amount of energy produced by the plant, compared to PV modules with fixed structures. The overall Bungala Solar PV project is expected to become fully operational in early 2019.


 

   

PS_Wind Energy_Masters_171