In Short : ENGIE is considering the monetization of its Indian renewable energy portfolio. This move aims to optimize the value of its assets, support further investment in renewable projects, and strengthen its position in the Indian energy market. In Detail : The French energy major currently has a portfolio of over 2.3 GW in […]
ENGIE plans to invest Rs 17,200 cr to set up renewable projects in Gujarat – EQ
In Short : ENGIE has announced intentions to invest Rs 17,200 crore to establish renewable projects in Gujarat. This strategic investment reflects ENGIE’s commitment to advancing clean energy initiatives, contributing to Gujarat’s renewable energy goals and fostering sustainable development in the region. In Detail : The company has signed a MoU with the Gujarat government […]
ENGIE commences construction of 400 MW Solar PV Project in Gujarat – EQ
New Delhi : ENGIE, a leader in low-carbon energy solutions, has been awarded a 400 MW solar project from Gujarat Urja Vikas Nigam (GUVNL) in the 750 MW GUVNL Phase (XVI) auction process with an estimated investment of around $200 million. ENGIE secured its position as a favored bidder with a 25-year Power Purchase Agreement […]
Waaree Energies Ltd. Wins 200 MW Module Supply Mandate from ENGIE India
Waaree Energies Ltd., India’s leading PV solar module manufacturer, today announced that it has received a mandate from ENGIE India for supply of 200 MW of solar modules for a solar power project in Sayla village in the Surendra Nagar district of Gujarat. ENGIE India is a subsidiary of the French-based ENGIE Group, a global […]
Engie raises 2023 earnings guidance on strong GEMS performance – EQ Mag
French energy company Engie (ENGIE.PA) on Friday raised its full year guidance for recurring net income and operating profit, pointing to a strong performance in its GEMS unit in April and May. For 2023, the energy group now projects a net recurring income group share (NRIgs) in the range of 4.7-5.3 billion euros, against a […]
ENGIE IMPACT DEBUTS MOBILITY SUPPORT OFFERING FOR ACCELERATED COMMERCIAL EV CHARGING INFRASTRUCTURE EXECUTION – EQ Mag
Global Sustainability Consultancy Helps Businesses Plan and Implement Portfolio-Scale EV Charging for Competitive Advantage and Decarbonization Benefits NEW YORK CITY, NY : With EV sales rising rapidly around the world, charging infrastructure is in high demand and evolving into a potentially decisive advantage for commercial organizations to attract customers and maximize revenue. ENGIE Impact, a […]
ENGIE Acquires 6GW of PV and Energy Storage Projects from Belltown Power to Further Expand Its Presence in North America – EQ Mag
French energy multinational ENGIE announced on October 27 that ENGIE North America has acquired a 6GW portfolio of PV and energy storage projects from Belltown Power in the US. The portfolio contains 33 projects, of which 2.7GW belongs to standalone PV projects, 0.7GW belongs to PV-plus-storage projects, and 2.6GW belongs to standalone battery energy storage […]
Engie confident short-term delay won’t affect its 2030 green hydrogen target
PARIS : French gas and power utility Engie (ENGIE.PA) said it will miss its target for renewable hydrogen production by 2025 but still expects to have production capacity of four gigawatt by 2030. Engie had set itself a capacity target of 600 megawatt of renewable hydrogen by 2025. However, at the inauguration of a research […]
ENGIE acquires 6 GW of solar and battery storage capacity projects from Belltown Power in the US – EQ Mag Pro
The acquisition of these 33 early to late-stage projects will accelerate renewables development across multiple states in North America and significantly strengthen the Group’s project pipeline ENGIE announced it has acquired a 6 GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S. The transaction includes 33 projects comprising some […]
ENGIE has Reached an Important Milestone in the Australian Renewable Hydrogen Project with Yara – EQ Mag Pro
ENGIE has taken the Final Investment Decision in the development of one of the world’s first industrial-scale renewable hydrogen projects, to be located in the Pilbara region of Western Australia. Scheduled for completion in 2024, the first phase of the Yuri project will produce up to 640 tonnes of renewable hydrogen per year as a […]
