Engie

RWE and Engie could be intertwined soon. According to Reuters, the investment banks of both energy providers are currently examining different options. The article reports that RWE could sell to the French energy giant all of its majority stake in its renewable energy unit Innogy, or a part of it. Reuters cites the investment banks involved in the operation as a source.

The city will now receive 10.5% of its power from one of Texas’ largest utility-scale farms. The plant was built by French energy giant Engie.

The French energy giant has entered the Chinese solar market through a 30% equity investment in local PV developer Unisun.

State-owned utility PT PLN (Persero) signed agreements with six developers in late March to build PV projects throughout the Southeast Asian nation.

The French energy giant has showed strong interest in Algeria’s 4 GW solar plan. The general director of the company has discussed plans about solar and gas with the local ministry of energy.

The French energy giant has acquired 100% of its renewable energy subsidiary Compagnie du Vent. The unit has installed over 500 MW of PV capacity to date.

The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.

The French energy giant is offering to acquire Innogy, the renewable energy unit of German power provider RWE. Innogy acquired German developer Belectric and its huge solar power plant portfolio in January.

The subsidiaries of the Red Eléctrica and Engie groups have reached an agreement that enables them to jointly build a new 600 km long electricity line in Chile, connecting the northern to middle part of the country. The new line is expected to boost renewable energy.