The Company will buy out the interests of STMicroelectronics and Sharp in 3Sun, the equal joint venture created to manufacture photovoltaic panels
Under the deal Enel Green Power will buy back from Sharp the latters off-take obligations for 3Sun factory output
Again, under the deal, the consideration due to Enel Green Power from Sharp amounts to 95 million euros
The deal also provides for a commitment by Enel Green Power to acquire Sharps equity stake in ESSE, the equal joint venture between the two companies
The consortium commits to provide about 400 million U.S. dollars in funding for the Origin and Goodwell wind projects, which have a total installed capacity of 350 MW
Upington, which will have a total installed capacity of 10 MW, is capable of generating around 20 million kWh per year once fully operational
The total photovoltaic capacity to be installed by EGP in South Africa will exceed 300 MW
Lalackama and Chañares, having a total installed capacity of 100 MW, are located in the northern part of the country.
The loan will support the construction of over 300 MW from wind power in Brazil.
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Installed capacity from renewables is 9,773 MW, produced by 734 plants in 15 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