Ecosummit 2017: Eneco Group to invest in Next Kraftwerke
Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.
Dominion to add 990 MW of solar PV in the United States over the next five years
The U.S. utility sites the falling cost of utility-scale solar for the expanded role, and the large majority of solar plants will be located in North Carolina.
Eneco acquires Eni Belgium, plans more investments in solar and wind
The Dutch power provider has acquired Belgian utility Eni Belgium and a larger share in Belgium’s power market. The company said that it will now invest in new power production in the country, especially in solar and wind.
Vattenfall to invest $226 million in solar and storage over next two years
The Swedish power utility announced a plan to invest heavily in renewable energies over the next two years. The company said investments in solar and storage will reach 2 billion SEK ($226.3 million).
Eon reports record €16 billion loss for 2016
The German energy company said its new strategy is fully reflected in its balance sheet. This was accompanied by the largest loss ever registered by the group. Eon is now planning workforce reductions, as well as further measures to reduce its net liabilities to €20 billion in the mid-term.
North American and European utilities invested around $297 million in distributed solar to date, GTM Research
Investments in distributed solar made by North American and European utilities have reached an aggregate value of $297 million to date. North American power providers seem to be more confident on distributed solar, but European companies are investing more heavily in all distributed energy segments.
