French giant’s Q1 2020 results show minor dips in net income and revenues, with its renewables unit recording strong performance and expected to report ‘low impacts’ going forward
Firm had predicted €2.7-2.9bn net recurring income and double-digit growth of renewables unit this year but is withdrawing the forecast, amid talk of potential 'constraints' for green energy work.
Group expects double-digit renewables growth in 2020 after achieving revenue and profit rises in 2019, under the tenure of executive forced out by board this month.
Isabelle Kocher wishes energy giant ‘good luck’ as she steps down following reports of open conflict with company’s board, who has named interim team as it seeks full-time CEO replacement.
Elisabeth Borne’s assertion that dismantling state-backed energy giant is ‘out of the question’ comes as analysts warn ousting of Isabelle Kocher casts pall on group’s ‘strategic direction’
French energy major Engie is seeking a new chief executive after its board decided to oust incumbent Isabelle Kocher.
Deal to sell 74% stake to Mumbai-based financial services group Edelweiss will pave way for ‘partnership’ where Engie will continue running solar assets on buyer’s behalf.
Consortium bags contract for Gafsa PV plant after submitting a bid of US$0.0272/kWh, for 500MW solar tender meant to kickstart still-dormant clean energy market.
Total Quadran, French energy company Total’s renewables subsidiary has completed the Helio Bououparis 2 solar farm on New Caledonia and ENGIE EPS, formerly Electro Power Systems, the energy storage system (ESS) for the New Caledonia island of Lifou.
ENGIE North America took part in a groundbreaking ceremony with county officials and customers for the 225MW Long Draw Solar Project in Texas. By signing off on a PPA for the project’s full generation capacity, ENGIE will serve four Texas municipalities (New Braunfels, Denton, Garland, and Kerrville) and their respective electric utilities.
Hybrid set to go live in 2022 will help the US island territory wean itself off tanker-shipped petroleum as it works towards clean energy objectives.
Tech giant to procure 85MW of solar from project set to come online in 2021 via long-term PPA with Engie, featuring a so-called 'innovative volume firming agreement'.
Buyer now able to tap into three additional off-grid markets via new acquisition, unveiled five months after Mobisol’s preliminary insolvency filings.
Firm's Sonrisa Solar Park will supply local utility San Jose Clean Energy under 20-year PPA, bringing Portuguese giant closer to renewable roll-out targets.
Tender to bring France closer to its goal of growing PV capacity five-fold, from 9.1GW today to between 35.6GW and 44.5GW in 2028.