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Enel News

05 Aug 2021

Enel, Fincantieri to Study Use of Green Hydrogen in Ports & Shipping

© Anusorn / Adobe Stock

Europe's biggest utility Enel has agreed to work with Italian shipbuilder Fincantieri to find ways to use green hydrogen in ports and long-range sea transport."The two companies intend to exploit their expertise and know-how in their respective sectors to identify possible sustainable and innovative solutions," they said in a statement on Thursday.Fincantieri and Enel Green Power Italia will in particular study the supply of green hydrogen to naval, submarine and surface vessels and industrial users in port areas and look into storage systems.Enel’s Eugenio Montale power plant in the town of L

19 Dec 2019

Flex LNG Tanker Wins Endesa Charter

Norway-based shipowner Flex LNG announced that it has entered into a new time charter with the Spanish utility Endesa for the vessel Flex Ranger.Endesa is a leading company in the Spanish electricity sector and the second largest operator in the Portuguese market as well as a subsidiary of Enel Group.The firm period under the new time charter is 12 months and will commence in direct continuation of an existing time charter with Enel which expires on or about June 2020, said a press release from the liquefied natural gas (LNG) transportation company.Endesa will also have the option to extend the time charter by an additional 12 months subsequent to the firm period maturing on or about June 2021.Øystein M.

09 Jun 2019

Europe Invests in African Renewable Energy

The provider of testing and advisory services to the energy value chain including renewables and energy management, DNV GL has joined European signatories including ABB, EDP Renewables, Enel Green Power, Ge Renewable Energy, Pöyry, Prysmian, PwC, Siemens Gamesa and Vestas."DNV GL has signed a ‘declaration of intent’ to commit its interest and participation to the initiative renewAfrica, aimed at boosting renewable energy investments in Africa, alongside leading players in the African and European renewable energy market," said a statement.The renewAfrica launch event was hosted by RES4Africa and reflects the need for a strong joint effort…

19 Apr 2018

Flex LNG Charters New LNG Carrier to Enel

Flex LNG , a global shipping company  specializing in the ownership of LNG carriers, announced that through a  separate wholly-owned subsidiary,  it has entered into a time-charter agreement  with Enel Trade, a company of the Enel Group, a multinational  power company and one of the world's leading integrated electricity and gas  operators. The time charter period of 12 months will commence during the second half of  2019. Enel also has the option to extend the contract by an additional 12 months  subsequent to the firm period. Flex LNG intends to employ the LNG carrier Flex  Enterprise for this business, however the Company also has the option to nominate one of its sister vessels. Flex Enterprise  is a 173,400 cbm LNG carrier with MEGI propulsion built in 2018.

29 Jul 2015

Nigeria LNG to Receive Four Ships in 2015

Nigeria Liquefied Natural Gas Company (NLNG) expects to take delivery of four LNG carrier ships before year-end and another two next year, its chief executive said, positioning the state-backed gas exporter to expand its share of the growing market. NLNG signed agreements with South Korea's Samsung Heavy Industries and Hyundai Heavy Industries in 2013 to acquire six LNG carrier ships, costing more than $1.2 billion, to boost its fleet of 23. It had tapped South Korea Export and Import Bank and other lenders to fund the construction, CEO Babs Omotowa said. Omotowa said the global market for LNG - natural gas that has been cooled to a liquid form, which shrinks the volume and makes it easier to store and ship - was forecast to grow to 430 million tonnes per year by 2030 from 230 million now.

12 Mar 2015

Enel Green Power 2014 Net Profit Falls 32%

Enel Green Power, Italy's biggest renewable energy company, said on Thursday its net profit in 2014 fell 32 percent to 359 million euros ($381 million).   The company said the fall reflected a goodwill writedown on its CGU Enel Green Power Hellas asset to the tune of 181 million euros.   Enel Green Power, controlled by Italy's biggest utility Enel , said it would pay a dividend on 2014 results of 0.032 euros per share, in line with the dividend it paid the previous year.   The company gave preliminary 2014 results in February.     ($1 = 0.9421 euros) (Reporting by Stephen Jewkes; editing by Agnieszka Flak)

13 Jan 2015

GDF Suez to Boost Focus on Marine Energy

French utility GDF Suez aims to double its power generation capacity from renewable energy in Europe between 2015 and 2025 and will focus in particular on marine energies, the company said on Tuesday. GDF Suez, with Spain's Iberdrola and Italy's Enel , is one of the industry leaders in renewable energy investment and has made Europe's energy transition the key plank of its European investment strategy. In 2009 it had aimed to boost its renewables capacity by 50 percent by 2015 - a target it says it will achieve - but now it wants to accelerate its renewables investment drive. The gas and power group currently operates 17.8 gigawatts of renewable energy capacity worldwide, or 15 percent of its total, of which 7.8 GW is in Europe and 10 GW is outside the region.

17 Aug 2014

Chilean Electricity Megaproject Can get Reformulated under New Norms

Chilean electricity HidroAysén megaproject could be reformulated and even incorporate a new partner to rejection awakening in the country, said in an interview published on Sunday President generator Colbun, one of the partners of the initiative . HidroAysén, which Colbún owns 49 percent this week appealed the decision of a ministerial committee rejected the draft build five plants in the Chilean Patagonia due to claims of communities in the area. "We are fully available to have a constructive discussion, both in terms of modifications and reformulations of the project as to incorporate other actors to its development," said Bernardo Larrain in an interview with the newspaper La Tercera.

25 Jun 2014

Greece to Launch Major Oil Quest in July

Greece will invite major oil companies next month to conduct offshore test drillings, the government said on Wednesday, launching the debt-laden country's most ambitious attempt so far to develop its untapped hydrocarbon potential. Athens has made several fruitless attempts over the past decades to find big reserves of oil or natural gas. Exploration interest revived during its debt crisis, with the cash-strapped country keen to reduce its big fuel import bill. Several blocks covering a combined area of more than 200,000 square kilometres in the Ionian Sea and south of the island of Crete are expected to go under the hammer. Greece has been encouraged in its quest by big offshore natural gas finds in Israel and Cyprus, nearby in the Eastern Mediterranean.

26 Apr 2014

GE In Talks To Buy Alstom's Power Arm

U.S. industrial conglomerate General Electric Co is in advanced talks to buy the global power division of struggling French engineering group Alstom SA for about $13 billion, sources familiar with the matter said on Friday. Sources said a deal was backed by Alstom's main shareholder, French conglomerate Bouygues with 29 percent, and could be announced in the coming days after an Alstom board meeting on Friday afternoon. The board was due to meet again on Sunday to discuss the transaction, French daily Le Figaro said. "Talks are going ahead swiftly, the deal's structure is defined and everything is almost ready," one of the sources said. Alstom Chief Executive Patrick Kron confirmed to union representatives there were talks about an "industrial deal," but did not name GE.

22 Apr 2014

Enel Applies To Explore For Oil And Gas In Greece

Italy's Enel has sought permission to explore for oil and gas in Greece, the Greek government said on Tuesday. Enel has expressed interest in three onshore areas in the western part of the country, Greece's energy ministry said, adding it would duly decide on the Italian company's application. If permission is granted, Athens will give other oil firms at least 90 days time to submit rival offers for the same areas. Back in 2001, oil companies including Hungary's MOL and Greece's Hellenic Petroleum searched in vain for oil in two of the blocs Enel is currently considering. "Enel Group's decision ... is a vote of confidence in our great national effort to exploit our mineral wealth," Energy Minister Yannis Maniatis said in a statement.

16 Sep 2011

RINA celebrates ties with China

International certification, verification and ship classification company RINA is celebrating its ties with China on its 150th anniversary. It also took the opportunity to celebrate the ties between Italy and China on the 150th anniversary of Italian Unification. Formed in Genoa, Italy, in 1861 as a ship classification society, RINA is today a global multi-disciplinary and multi-cultural company with growing business in China and the surrounding region. Today in Shanghai RINA CEO Ugo Salerno and Vincenzo De Luca…

22 Jul 2002

First tanker gets RINA Green Star

Clean Sea standards which until now have been applied only to passenger ships. Italian owner Mediterranea di Navigazione from Korea's Hyundai Mipo yard. features of the vessel. standards, in excess of current legislation. ISO certification long before it was compulsory. showing the world a lead in building and operating cleaner tankers. low speed accident. standards set down in the voluntary IMO MARPOL Annex IV. TBT-based anti-foulings. Marpol. plants. marine organism transfer.

22 Jul 2002

First Tanker Gets RINA Green Star

Italian classification society RINA has issued its Green Star environmental logo to the 35,000 dwt Shogun, in what is believed to be the first time a chemical/product tanker anywhere has achieved the voluntary Clean Air and Clean Sea standards which until now have been applied only to passenger ships. The Shogun, an IMO 11 chemical/products carrier, has just been delivered to Italian owner Mediterranea di Navigazione from Korea's Hyundai Mipo yard. It will enter service on charter to Italy's major energy group ENEL, which has taken particular interest in the advanced environmental and technical features of the vessel. RINA's Green Star logo has already been sought for several passenger ship newbuildings…