Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
Italy’s largest utility, Enel S.p.A., has signed off on a non-binding framework agreement with Bank of China and the China Export & Credit Insurance Corporation (SINOSURE) to promote the development by Enel’s companies — especially Enel Green Power — of projects across the world, with the added help of Chinese EPC contractors and/or suppliers.
Brazil's almost negligible solar deployment record is forecast to take off this year and the first movements on building Enel Green Power's 254MW plant in Bahia are symbolic of this shift in Brazil's utility-scale sector.
Italy-based renewable energy developer Enel Green Power (EGP) shareholders have approved the merger of EGP with Italy’s largest utility Enel SpA, at an extraordinary shareholders meeting held in Rome this week.