To accelerate sustainable energy in Brazil, the Enel Groups Brazilian subsidiary Enel Green Power Brasil Participações Ltda. (“EGPB”) has started commercial operations of the 133 MW expansion of the already up and running 475 MW São Gonçalo solar PV plant.
- São Gonçalo solar PV plant is South Americas largest PV facility, located in the municipality of São Gonçalo do Gurguéia, in Brazils northeastern state of Piauí.
- The Enel Group is investing around 142 million US dollars, in the construction of the third section of the plant.
- The new 256 MW expansion, which started construction in 2020, is expected to start operations in 2021 and brings the overall capacity of São Gonçalo to 864 MW, making it Enels largest power generation facility under construction worldwide.
The leading deals and partnership by Enel are featured below:
Feb 2021: For electrification of Jaguar Land Rover models announced a partnership with Enel X, a subsidiary of The Enel Groop. The deal helps to electrify the entire Jaguar Land Rover range for increasingly sustainable and widespread mobility. Jaguar Land Rover is part of Indian automotive leader Tata Motors.
July 2020: Enel Green Power (EGP), through its Indian subsidiary EGP India, had been awarded the right to sign a 25-year energy supply contract for a 420 MW solar project in India. For this project the company will invest approximately 180 million US dollars in India.
May 2020: Enel, announced that its US renewable subsidiary Enel Green Power North America, had begun operating a 50 MW expansion of the High Lonesome wind farm in Upton and Crockett Counties, in Texas.
May 2020: Enels subsidiary Enel X and Mastercard launched a new lab in Israel to advance innovations in financial technology and cybersecurity for the payments and energy ecosystem globally. The lab will partner with start-up companies to test and develop products and solutions, with a particular focus on digital security, fintech platforms, digital authentication and financial inclusion.
April 2020: Enel S.p.A. plans to increase its shareholding in its listed Chilean subsidiary Enel Américas S.A. by up to an additional 2.7% stake, in order to reach the maximum shareholding currently allowed by Enel Américas by-laws, equal to 65%. The shareholding increase will be carried out in view of the expected completion of the ongoing share swap transactions to increase Enels stake in Enel Américas by up to 5%, reaching up to 62.3% of the companys share capital.
Enel, based in Italy, is an international energy company and one of the worlds leading integrated electricity and gas operators. Enel group works in more than 34 countries across five continents and has a global workforce of approximately 69,000 people.