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An Overview Of Enel Green Power

An Overview Of Enel Green Power

Enel Green Power forms part of Enel Group, and it is deeply dedicated to expand the use of renewable sources in both Europe and America.

The company is also a pioneer in the worldwide market for renewable solutions. The Italian organisation has operations generating an estimated 21 billion kwH from renewable sources like the sun, wind, water and geothermal. In order words, the company is providing enough energy to supply 7 million households. They are through the deployment of alternative sources of energy preventing the emission of 15.5 million tons of greenhouse gases.

Enel Green Power has recently heightened its energy capacity. It has established 5,700 MW from sources like hydroelectricity, wind, biomass, solar, and geothermal. The company does also have an investment plan up to 2014 of around 5 billion, to generate 31,000 MW more electricity.

The company does actually have projects and plants that are almost completed in 16 countries across Europe and America. The wide geographical diversification, assures that EGP’s risk of failure is at a minimum. Moreover, the company does also benefit from various incentive schemes, from the different countries in which it operates.

The subsidiary company Enel.si, is a leading company in Italy. They are actually the market leader in the manufacturing of photovoltaic systems for typical businesses and households. They have already installed approximately 150 MW. Moreover, the franchisees network that the company is supporting has already expanded to more than 550 qualified installers of solar systems.

More interestingly, Enel Green Power has also settled itself as a founding partner of one of the biggest proposed projects: Desertec Industrial Initiative (DII). The project is expected to create cooperation amidst North Africa, Middle East and Europe in providing electricity through renewable sources like solar energy.

The company’s main proficiency is in the field of renewable wind, solar and geothermal power. Enel Green Power is already recognised worldwide through its technological leadership in these 3 renewable energy sources. The company is willing grow further in research and development for new technology, especially solar thermal energy and photovoltaic.

In Sicily, the Archimedes project is expected to take off this summer. It will be the first of its kind; having fully integrated molten salt thermal solar plants and cycle gas systems in place to produce electricity.

Source: Sovereign Publication and Enel Green Power

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RPN's contributed to this report.

Professional freelancer in Green Technology and Scientific Development. Educational background in the field of Human Resources Management.

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