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.
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)