Plenitude, Eni’s subsidiary, acquires an 80% stake in EDPR’s 340 MW solar portfolio in the US, spanning Cattlemen, Timber Road, and Blue Harvest parks. Plenitude enters Ohio’s PJM energy market, emphasizing operational projects in Texas. The company, a Benefit Corp, integrates renewable energy production, sales, and EV charging points. Currently serving 10 million European customers, Plenitude aims for 11 million by 2026, 30,000 EV charging points, 15 GW renewable capacity by 2030, and zero net CO2 emissions by 2040.
Eni’s Plenitude secures 80% stake in three US solar ventures
Plenitude’s agreement enables a 1.2 GW capacity in the U.S., aiding the global target of 7 GW by 2026. Image Credit eni.
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )
With advanced cybersecurity and a 15-year warranty, Enphase’s IQ8 Microinverters are set to offer long-lasting value in Romania. (Image Source: Enphase Energy)
CEC’s IEC certifications ensure Hanersun modules withstand tough Australian environmental conditions. (Image Source: Hanersun)
Solar Simplified’s subscription management expertise aims to reduce high churn rates for LastMile Energy’s PV projects in Massachusetts. (Image Source: Solar Simplified)