EGP installs six new rooftop systems in Abruzzo and Molise, for an installed capacity of around 4 MW, while ESSE the equal joint venture between EGP and Sharp starts operation of two 1.5 MW rooftop systems in Campania
EGPs total installed solar power capacity tops 140 MW thanks to the entry into service of these six systems
The fully-operational Padul wind farm, located in the province of Granada, will generate over 37 million kWh a year
With an installed capacity of 48MW, the fully operational plant will be capable of generating 130 million kWh per year.
The two agreements relate to the construction of the wind farm located in Minnesota, which will have an installed capacity of 200 MW, requiring a total equity investment of approximately 305 million USD.
Under the terms of the equity partnership agreement, EFS Prairie Rose, a GE Capital subsidiary, will invest approx. 156 million USD for a 51% stake in the project whereas Enel Green Power North America will contribute approx. 149 million USD for a 49% stake. Enel Green Power North Americas stake can increase by an additional 26% in 2012 and 2013.
Enel Green Power North America and EFS Prairie Rose signed a capital contribution agreement of approx. 190 million USD with a syndicate led by J.P. Morgan.
Total revenues: 1,325 million euros (1,334 million euros in 1H 2011(1), 0.7%)
EBITDA: 807 million euros (878 million euros in 1H 2011(1), -8.1%)
EBIT: 500 million euros (607 million euros in 1H 2011(1), -17.6%)
Group net income: 221 million euros (300 million euros in 1H 2011(2), 26.3%)
Net of non-recurring items in the first half of 2011, EBIT in the first half of 2012 increased by 17% and Group net income increased by 8%
Net financial debt: 4,661 million euros (4,075 million euros at December 31st, 2011, +14.4%)
Net installed capacity: 7,554 MW (6,372 MW in 1H 2011, +18.5%)
Net electricity generated: 12.6 TWh (11.8 TWh in 1H 2011, +6.8%)
99 million US dollar grant received for the Caney River wind farm follows tax equity partnership for the same plant
Grant awarded to Enel Green Powers North American subsidiary Enel Green Power North America Inc., under Section 1603 of the American Recovery and Reinvestment Act of 2009, President Obamas stimulus programme.
The Bii Nee Stipa II wind farm, with an installed capacity of 74 MW, will produce over 250 million kWh per year.
With this new facility, which required an investment of some 160 million US dollars, Enel Green Power increases its footprint in Mexicos promising renewable energy sector.
The new wind farm has a total installed capacity of 150 MW. The fully operating plant will produce more than 600 million KWh per year.
EGP has launched four new photovoltaic plants in the Peloponnese region for an installed capacity of 17.4 MW, in addition to the first 2 MW plants launched in the country by ESSE, the equal share joint venture with Sharp.
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Installed capacity from renewables is 8,192 MW, produced by over 730 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