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Eni

Eni continues rapid Spanish solar expansion with acquisition of Dhamma project pipeline

The decision of the Italian energy firm to acquire a 2.8 GW-plus solar pipeline in Spain and France has come on the same day it was announced Eni would assume 1 GW of solar capacity in Spain from another business. The value of neither deal, nor the form of finance involved, has been revealed.

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Italy’s Eni to acquire 1.2 GW renewable project portfolio in Spain

Independent asset manager Azora is selling the renewable energy portfolio, which includes five large solar PV parks totaling 1 GW in advanced stages of development, located in Andalusia, Castilla-La Mancha, Castilla y León, Catalonia, Galicia, and La Rioja, to Eni.

The Hydrogen Stream: Italy’s Eni lays out plans in Algeria and Egypt, UAE joins race with help from Japan

Italian energy company Eni is partnering with local companies in Algeria and Egypt to explore the possibility of producing green and blue hydrogen in the North African countries. The United Arab Emirates is also collaborating with Japanese partners to develop the country’s hydrogen sector, while in New York, hydrogen has arrived in Long Island.

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A wave of big African solar is set to break

The Africa Solar Industry Association has recorded almost 2 GW of large scale project announcements since the start of last month with 18 countries planning new clean power infrastructure and including energy storage in the plants.

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Are oil and gas companies on the run?

Private sector fossil fuel spending on exploration is drying up just as modest rises in clean energy investments are being observed. With stock market investors increasingly embracing renewables, the IEA has observed positive signals in its latest energy investment report, but warned we are still doing far too little to keep global heating at bay.

Italian sovereign wealth fund joins forces with Eni to deploy 1 GW of solar and wind

Cassa Depositi e Prestiti Equity and the Italian energy giant have created a joint venture that will invest around €800 million in renewables in their homeland by 2025. The two companies are planning to build large scale plants with the option of utilizing properties owned by the Italian government.

Enel, Eni to build joint 20 MW pilot green hydrogen project

The two Italian energy giants have joined forces to bring online 20 MW of hydrogen capacity between 2022 and 2023. Two 10 MW pilot electrolyzers will be built at unspecified Eni refineries.

Chief exec says 1.2 GW Omani solar project remains on track

Plans to issue a request for proposals related to the contracts to develop twin 500-600 MW solar plants in the sultanate by the end of this month appear to have slipped but the head of awarding utility the Oman Power and Water Procurement Company has reportedly stated the process is in train.

Abu Dhabi’s 1.5 GW tender draws world record low solar bid of $0.0135/kWh

The tariff is around $0.0021 lower than the $0.0156/kWh French oil giant Total and Japanese conglomerate Marubeni Corp offered in Qatar’s 800 MW tender in late January. French energy company EDF and Chinese solar company JinkoPower reportedly submitted the record bid in the UAE exercise.

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Fossil fuel giants bet on offshore PV

Norwegian energy producer Equinor and Italian oil contractor Saipem have joined forces to build floating PV projects for near-coastal applications. The two companies plan to use a technology developed by Moss Maritime, a unit of Saipem.

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