engie

Hydropower_171

Engie Wins 832 MW Hydropower Plant Orders In Brazil, Strengthens Market Lead

During the auction held recently by the Brazilian Federal Government, ENGIE won concession contracts for two hydropower plants (HPP) for a total amount of around €950m (BRL3.531bn). The Jaguara HPP, located in Rio Grande (between the states of Minas Gerais and São Paulo), with a 424 MW installed capacity and the Miranda HPP, located in Rio Aragui, in Indianápolis (Minas Gerais State), with a 408 MW installed capacity. The concession contracts are signed for a 30-year period. They raise the installed capacity of ENGIE from 10,290 MW to 11,122 MW and reinforce ENGIE’s position as the largest private energy producer in Brazil.

Engie Wins 832 MW Hydropower Plant Orders In Brazil, Strengthens Market Lead Read More »

Engie_Unisun_171

Engie Strengthens Solar Presence In China With 30% Equity Investment In UNISUN

ENGIE has signed in Shanghai an Agreement for a 30% equity investment through a capital increase in UNISUN, a PV company. Since 2014, UNISUN has successfully developed around 500 MW PV projects, showing strong technical capacity. During COP21, China pledged to peak its carbon emissions in 2030 or earlier; the country shall subsequently increase the share of non-fossil energy from 13% to 20% in its energy mix by then.

Engie Strengthens Solar Presence In China With 30% Equity Investment In UNISUN Read More »

Solar PV Project_171

Engie Consolidates Solar Energy Leadership In France; Wins 78 MW Of PV Projects

ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, has won bidding organised by the French Energy Regulatory Commission (CRE) for 10 photovoltaic projects representing 78 MW of installed capacity. With these additional projects, ENGIE is consolidating its leading position in photovoltaics in France with, at the end of 2016, an installed or construction capacity of 522 MW. According to the company, the selected projects have all been developed in consultation with local stakeholders and will make a priority use of local providers. As France prepares to triple its solar capacity by 2023, Engie wants to improve its market share with a target of reaching 2.2 GW by 2021. At the end of 2016, Engie had 522 MW solar power installed or under construction in the country.

Engie Consolidates Solar Energy Leadership In France; Wins 78 MW Of PV Projects Read More »