Money Buzz! Europa

Tag: Enel Green Power

  • Enel Green Power built a record 3,106 MW of renewable capacity in 2020

    Enel Green Power built a record 3,106 MW of renewable capacity in 2020

    Enel Green Power has set a new record in 2020 by building 3,106 MW of new renewable capacity all over the world, 77 MW more (+2.5%) compared to the renewable capacity built in 2019.

    The new renewable capacity built by Enel Green Power in 2020 includes around 46 facilities, mainly wind (2,284 MW) and solar (803 MW).

    Furthermore, the company refurbished and repowered about 1.2 GW of plants in operation (250 MW wind, 847 MW hydro and 73 MW geothermal) over the course of the year.

    This new capacity is distributed as follows:

    • 508 MW in Europe, mainly in Spain;
    • 879 MW in Latin America, mainly in Brazil;
    • 1,386 MW in North America, mainly in the United States;
    • 333 MW in Africa, Asia and Oceania.

    Enel Green Power now manages around 49 GW of total renewable capacity and is the largest private renewable player at global level.

  • Met Group acquires a 42 MW wind park in Bulgaria

    Met Group acquires a 42 MW wind park in Bulgaria

    Swiss-based European energy company MET Group has completed the acquisition of a 100% stake in Enel Green Power Bulgaria EAD, which owns a 42-megawatt wind park in Bulgaria.

    The 42 MW wind park located in North-eastern Bulgaria is now wholly owned by MET Group, following the successful completion of a share and purchase transaction with Italian Enel Green Power as seller.

    The transaction was completed on 20 January 2021, and was cleared by the Bulgarian and Serbian competition authorities.

    The wind park, the 5th largest in Bulgaria, is located in the municipality of Shabla and Kavarna, with 14 units of Vestas-V90 wind turbines (3 MW capacity each).

    The wind farm, operating since 2010, supplies power equivalent to the consumption of around 30,000 households.

  • Enel Green Power and Novartis strike deal for renewable energy agreement

    Enel Green Power and Novartis strike deal for renewable energy agreement

    Enel Green Power and Novartis have signed a 10 year, 100% renewable Virtual Power Purchase Agreement (VPPA) for 78 MW of renewable power.

    This Pan-European VPPA will start in January 2022 and will help Novartis achieve its goals for 100% renewable electricity and carbon-neutrality across its European operations by 2025.

    The energy through this VPPA will be generated by the 179.9 MW TICO Wind Farm, located in the Spanish province of Zaragoza, which will be operational in early 2022.

    Through the agreement, the renewable energy provided to Novartis will avoid the annual emission of around 96,400 tons of CO2 into the atmosphere.