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 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)
Grenergy sold 23% of Oasis de Atacama, including 451 MW solar and 2.5 GWh storage, generating 1.3 TWh annually. (Image Credit/Source: SolarPanal355/Pixabay)