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The two Groups were selected by Chilean development organization CORFO (Corporación de Fomento de la Producción) to set up an International Centre of Excellence (ICE) on Marine Energy in the country.
The 8-year project, supported by an approximate 20 million US dollars in cash and in-kind funding, 65% of which coming from CORFO, is aimed at carrying out research and development activities on Marine Renewable Energy (MER) technologies taking into account the specific natural conditions of Pacific Ocean in Chile.
The project will benefit from the support of the Chilean development organization Fundación Chile, the R&D foundation INRIA Chile, research institutions Pontificia Universidad Católica de Chile and Universidad Austral de Chile, as well as Enel Group subsidiaries Chilectra and Endesa Chile.
The International Centre of Excellence, named Marine Energy Research and Innovation Centre (MERIC), will serve as a hub for innovation in Marine Energy in Chile and at global level.
Dominica I, with an installed capacity of 100 MW, will generate up to 260 GWh per year
Plant construction required a total investment of an approximate 196 million US dollars.
Once completed, the 19 MW Lalackama II plant will be capable of generating more than 50 GWh.
Appeal ruling confirmed on the joint venture with Inversiones Energeticas (INE) for the development of geothermal energy in El Salvador
The new plant, with an installed capacity of 61 MW, will be able to generate up to over 160 GWh.
Total investment of about 140 million US dollars for construction of the new wind farm
The renewable specialist starts its collaboration with two US National Laboratories NREL and INL to use empirical data from the Stillwater Geothermal/Solar Project
The parties will jointly explore and quantify the benefits of integrating renewable energy technologies at the same site.
The agreement paves the way for further innovation into next-generation geothermal facilities.
Total revenues: 1,410 million euros (1,429 million in 1H 2013, -1.3%)
EBITDA: 894 million euros (966 million in 1H 2013, - 7.5%)
EBIT: 574 million euros (649 million in 1H 2013, -11.6%)
Group net income: 293 million euros (269 million in 1H 2013, +8.9%)
Net financial debt: 6,184 million euros (5,324 million as of December 31st, 2013, +16.2%)
Net installed capacity: 9.1 GW (8.6 GW in H1 2013, +5.8%)
Net electricity generation: 16.5 TWh (15.2 TWh in 1H 2013, +8.6%)
Melowind will add 50 MW to EGPs installed capacity in Latin America
The new wind farm will involve a planned investment of about 98 million US dollars
The Uruguayan government has set a target of adding 1,200 MW of new operational wind capacity by 2015
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Installed capacity from renewables is 9,149 MW, produced by over 715 plants in 16 countries
The gradual rise in global temperatures and the instability of fossil fuel markets are driving the development of solar power throughout the world, particularly in the area of photovoltaic technologies
EGP's guidelines call for the design of layouts that are environmentally compatible, with an appropriate number of wind turbines for the area concerned
EGP's know-how has made the company a world leader in the development of this clean, renewable and cost-effective source of energy
Italy is where geothermal energy was used for the first time for industrial purposes, and the country remains one of the leading producers of geothermal electricity
The exploitation of biomass is an important chapter in Europe's development of renewable energy