3Sun, Enel Green Power's photovoltaic cell and modules production gigafactory, has secured a 560 million euro financial package to back the expansion of its production capacity, in a significant milestone for Europe’s energy transition and security. The financing was made possible through a collaborative effort between the European Investment Bank...
READ MOREMany car companies are turning away from traditional internal combustion engines — like those used in gas-powered cars — and toward electric vehicles (EVs), in an encouraging trend for the future of our planet. One of those companies is the legendary Italian sports car maker Ferrari, which is embracing clean energy in more ways than one. Ferrari an...
READ MOREItaly’s biggest utility Enel Spa said on Tuesday it will supply retail electricity generated by its wind farm to Eaton’s manufacturing facility in Sherman, Texas. The renewable energy supply deal builds upon the partnership between the two companies dating back to 2016. Enel said the deal would support power management company Eaton’s 2030 targets...
READ MOREItaly's Enel SpA (ENEI.MI) said on Monday it will invest more than $1 billion in a solar cell and panel factory in Oklahoma, seeking to capitalize on a U.S. push to build a homegrown clean energy manufacturing sector to compete with China. The facility will be among the largest to produce solar equipment in the United States, where most projects ar...
READ MOREItalian energy giant Enel SpA said it plans to add 10,000 electric-vehicle fast chargers in the U.S. by 2030, an effort to capitalize on the Biden administration’s efforts to switch more drivers to greener cars. If Enel follows through on the plan, which it announced on Thursday, it would almost double the number of public fast chargers available t...
READ MORENearly 20 million passenger electric vehicles, 1.3 million electric commercial vehicles, and more than 280 million electric mopeds, scooters, and motorcycles are on the road worldwide, and according to recent estimates a global market share for electrified cars of more than 50% driven by BEV technologies is expected by 2030. The main markets are Ch...
READ MOREOn the island of Sicily, at one of Europe’s southernmost points, plans are underway to bring the solar supply chain to the continent’s shores. Italian energy company Enel announced in April last year that, with grants from the EU and Italian government, it will invest €600m to expand its existing solar photovoltaic (PV) panels production facility...
READ MOREAt the foot of Mount Etna in Sicily's ancient city of Catania, utility Enel has begun work on a giant factory with the ambition of helping to end China's dominance of the solar market and to galvanise Italy's under-developed south. The project to expand the capacity of Enel's (ENEI.MI) 3Sun plant 15-fold is especially relevant as the European Union...
READ MOREItalian utility Enel (ENEI.MI) said on Thursday it would build a solar photovoltaic (PV) cell and panel manufacturing facility in the United States in an effort to support the creation of a North-American supply chain. The factory is expected to initially produce at least 3 gigawatt (GW) and scale up to 6 GW of high-performance bifacial PV modules...
READ MOREStones that store heat, heat that generates steam, steam that expands in a machine that, in turn, generates electricity: this is an energy storage system that’s so simple it’s revolutionary – because instead of using “rare earth” minerals or raw materials that are only present in certain areas of the planet: it simply uses ordinary stones. It’s cal...
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