The first R115 wave generator, with a nominal capacity of 150 kW, will be installed off the coast of Tuscany
After the pilot testing of the first system, the two companies will evaluate the possibility of installing other generators in various marine environments
The consideration for the sale to Enel Energia of Enel.si, the Enel Green Powers company operating in the delivery of services and solutions for energy efficiency and renewables to the retail market, is equal to about 92 million euros.
The operation is part of Enel Green Powers strategy to focus on growth and developing, building and operating renewable generation plants at global level.
Thanks to the acquisition of Enel.si, Enel Energia, leader in the sale of electricity and gas in the free market in Italy, will broaden its commercial offering to the energy efficiency sector.
The new plants will add around 193 MW to the renewable companys installed capacity in Brazil
In 2014, EGPs total installed wind power capacity will amount to, approximately, 283 MW, in addition to the 93 MW in hydroelectric power it already operates in the Latin American country
A total of 330 million euros will be invested to build the three wind farms
Enel Green Power North America, Inc. (EGP-NA) signed an agreement to purchase, from a GE Capital subsidiary, an additional 26% of the company operating the 235 MW Chisholm View wind farm for approximately 47 million US dollars.
EGP-NA has also signed an agreement to purchase, from a GE Capital subsidiary, an additional 26% of the company operating the 200 MW Prairie Rose wind farm for approximately 34 million US dollars.
The transactions will be closed following approval by the Federal Energy Regulatory Commission.
The Ampliación Sierra del Cortado wind farm has a 13.5 MW installed capacity and will generate 42 million kWh per year.
Enel Green Power North America (EGP-NA) has been selected by the U.S. Army, along with 4 other players, to bid for Power Purchase Agreements using geothermal technology.
Total revenues: 724 million euros (599 million euros as of March 31st, 2012, +20.9%)
EBITDA: 478 million euros (379 million euros as of March 31st, 2012, +26.1%)
EBIT: 320 million euros (230 million euros as of March 31st, 2012, +39.1%)
Group net income: 148 million euros
(97 million euros as of March 31st, 2012, +52.6%)
Net financial debt: 5,125 million euros
(4,614 million euros as of December 31st, 2012,+11.1%)
Net installed capacity: 8,188 MW (7,201 MW as of March 31st, 2012, +13.7%)
Net generation: 7.4 TWh (5.9 TWh as of March 31st, 2012, +25.4%)
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Installed capacity from renewables is 8,821 MW, produced by over 745 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