Enel grows renewables fleet by 65pc
Company sets new benchmark for industry as it shrugs off impact of pandemic, Enel Green Power CEO says
Enel Green Power (EGP), the clean energy arm of Italy’s Enel, achieved a record 65pc increase in its installed renewable power capacity in 2020 despite challenging conditions caused by the pandemic. EGP installed more than 5GW of renewable capacity globally last year, including battery storage. This took its total managed capacity to around 54GW, representing the world’s largest private renewable generation fleet. “These results represent a new benchmark for the industry,” says EGP CEO Salvatore Bernabei. “In the near future, we will accelerate our sustainable growth, in line with the Enel Group’s vision, which envisages a total renewable capacity target, including battery capacity, of aroun
Also in this section
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies