“We’ve managed to improve our record of newly-built renewable capacity in one year thanks to the constant work and dedication from our colleagues around the world. This result represents a new benchmark for the sector and reaffirms once again our global leadership in the renewables sector.”
As EGP confirms itself in 2019 as the world’s biggest renewable energy privately-owned operator, its newly-built capacity comes from 47 power stations, mostly wind farms and solar parks.
“Luck had no part in this. It was sheer planning, so we worked on the design stage, and we’ve worked on how to make construction safer, and also on the entire production chain. In this way, we were able to manage a portfolio of about 70 facilities spread in over 20 countries. This achievement was made possible thanks to the know-how and commitment from both colleagues and suppliers that worked day after day to make it real.”
In geographic terms, a sizeable share of our capacity comes from the United States, Mexico, Brazil, Chile, South Africa, Spain, and Italy. All countries where we’re operating with an integrated business structure, catering to local markets that are increasingly receptive to sustainability through our energy generation and distribution services.
The energy transition is underway and we play a crucial role in it! Carbon-neutral energy sources have become increasingly competitive compared to fossil fuels. Furthermore, these renewable power stations are scalable, come with much shorter construction schedules, and respect the environment in all phases of construction.
“For all high energy-intensive sectors, it’s more convenient to consume renewable energy considering current prices of fossil fuels. Surely, renewable power stations have become increasingly competitive while countries like Chile and Spain are witnessing the economic convenience of shutting down fossil fuel-powered power plants. In the near future, thermoelectric plants left operational will only serve as a backup for energy security purposes, forfeiting any role as the grid’s backbone.”
Green energy sources are the lynchpin for true and lasting sustainable development and this makes them strategic elements for our planet’s future as they power new business models that can combine economic growth with protection of the environment.
Innovation and sustainability, drivers of growth
Innovation, coupled with sustainability, is one of the founding pillars of our strategy. It’s also the keystone to reach one other great goal.
The next big challenge we have lined up is achieving 57% of renewable energy production in a sustainable way by 2022, working in a “circular economy” mode and focusing strongly on the useful lifecycle of services and products.
During the construction phase of the power plants, abiding by the “sustainable worksite” model, Enel Green Power calls for setting up solar PV panels in every worksite to render carbon neutral a part of their energy supply, together with other eco-friendly solutions like water conservation efforts through the fitting of rainwater catchment systems, as well as the use of EVs to shuttle workers to, from and within the worksite.
This way, energy generated by Enel Green Power facilities will become 100% sustainable by adopting a series of constantly evolving actions, procedures and best practices that minimize the ecological footprint of construction works while enhancing performances and delivering social and economic benefits to local communities.
“This result represents a new benchmark for the sector as it reaffirms our global leadership in the renewable energy sector. Our future goal is to keep raising the bar by constantly beating our own records.”
Our eyes are always fixed on the future and we’re already hard at work to reach 4,7 GW in the next three years, and beyond. Stay Tuned!