CHICAGO : Microsoft and ENGIE today announced both a long-term solar and wind energy power purchase agreement (PPA) that provides 24/7 supply in the United States and implementation of Darwin, energy software developed by ENGIE using the intelligent cloud services of Microsoft Azure to optimize performance of ENGIE’s wind, solar, and hybrid (wind + solar) […]
Engie expects half its new renewables projects from PPA deals
PARIS: French gas and power group Engie expects that half of its new renewable energy projects in 2019-2021 will come from power purchase agreements (PPAs) with companies or municipalities, the company said on Tuesday. As costs and subsidy levels for wind and solar drop, a growing number of government renewable energy projects are being awarded […]
ENGIE acquires Mobisol and becomes market leader in the off-grid solar in Africa
Founded in 2011, the company employs over 500 people as well as approximately 1,200 contractors. ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than 150,000 solar home systems, providing clean and reliable […]
ENGIE Storage Unveils New Wholesale Market Participation Offering in ISO-New England
Improves Returns, Reduces Risk, and Enhances Bankability for Solar + Storage Projects BOSTON: ENGIE Storage today unveiled a new, highly-integrated supply and services offering for developers of in-front-of-the-meter (IFOM) solar and energy storage projects in New England and emerging markets. Comprising energy storage system design support, supply, operations, performance guarantees, and payments for rights to […]
ENGIE and partners sign contracts for 60 MW solar PV projects in Senegal
ENGIE was selected as preferred bidder by Senegal’s Electricity Sector Regulation Commission (CRSE) in a tender launched in October 2017. ENGIE (ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment cost for the projects amounts to 47.5 […]
ENGIE and Meridiam achieve financial close for two solar photovoltaic projects in Senegal
The solar photovoltaic (PV) plants are part of the Scaling Solar initiative in Senegal, conducted jointly by the Senegalese authorities and International Finance Corporation (IFC) PARIS, France: ENGIE (www.ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment […]
ENGIE Greens Power Consumption of Smart Energy Decisions’ Distributed Energy Forum
HOUSTON: ENGIE North America is shaping a sustainable future by supplying renewable energy certificates (RECs) to Smart Energy Decisions’ Distributed Energy Forum to be held June 24-27 at the Gaylord Rockies Resort & Convention Center near Denver, Colorado. The Green-e® certified RECs will offset 100% of the three-day event’s anticipated energy consumption, while helping to fund the development and operation […]
ENGIE North America’s Seymour Hills Wind Project in Texas Enters Commercial Operation
HOUSTON: ENGIE North America Inc. announced today it has started commercial operation at its Seymour Hills Wind Farm Project, located in Baylor County, Texas. With a total capacity of approximately 30 MW, the Seymour Hills Wind Project is providing the renewable energy it generates to corporate customers, Ingersoll Rand (NYSE: IR) and Akamai Technologies, Inc. […]
Engie acquires electric vehicle charging firm Charge Point Services
French-owned utility Engie has acquired electric vehicle charging provider Charge Point Services (CPS), which owns the Genie Point nationwide EV charging network. The charging company’s business customers include Ford, Microsoft, Waitrose, Morrisons and Siemens and it works with around 30 local authorities on rolling out charging infrastructure. Engie said the deal buys it 20,000 Genie […]
Businessman Veyrat could sell renewable energy firm Neoen to Engie in return for stake
The report pushed up Neoen’s shares by 1.5 percent in early session trading, while Engie’s shares fell 2.6 percent PARIS: French businessman Jacques Veyrat, who controls a stake of more than 50 percent in renewables energy group Neoen, could sell Neoen to utility Engie in return for a small stake in Engie, BFM Business reported […]
