Energiser Investments Share Discussion Threads

[grupo guitarlumber] 29/7/2020 09:47

ENERGYMIXREPORT



Jul 28, 2020

Scaling up off-grid solar power model for transforming rural energy access across Africa; EIB financing to overcome barriers to 80% of Ugandans without access to electricity; Local currency financing to accelerate PAYGO solution for affordable green energy.

Millions of people, small holders and entrepreneurs in remote villages across Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme agreed between ENGIE (ENGIE-africa.com), through its Solar Home System company Fenix International and the European Investment Bank, one of the world’s largest financiers of renewable energy.

“Access to affordable and clean energy is important to fight poverty, create jobs and empower women and girls. The European Investment Bank is pleased to agree new support for scaling up off-grid solar deployment in East Africa under this new partnership with ENGIE. Over a million people across Uganda will be able to access electricity for the first time that will power communications, provide light and make cooking easier. This scheme will also reduce use of kerosene, charcoal and candles to help families save money, reduce pollution and reduce the risk of accidents. Unlocking sustainable economic and social development through off-grid solar is key for Africa’s future and the EIB is pleased to back this project in Uganda.” said Ambroise Fayolle, European Investment Bank Vice President.

“At ENGIE, we see the massive potential of the off-grid electrification sector as a way to bridge energy gaps across Africa, faster and more affordably. Every day families across Africa are able to access electricity for the first time using off-grid solar technology provided by ENGIE Africa. Our new partnership with the European Investment Bank in Uganda will allow Fenix to provide ultra-affordable PAYGO systems to millions of people in villages across the country. This will provide access to clean solar power and financial empowerment. Providing access to energy in Africa is a huge undertaking but I firmly believe that universal access to energy is achievable in the foreseeable future, through smart investments in a combination of national grid extension, solar home systems and mini-grids. With our off-grid platform, we are industrializing and scaling up the development of a wide range of decentralized solutions, with a sustainable business model. As of now, ENGIE is providing decentralized electricity to more than 4.5 million people in 9 countries through solar home systems from both Fenix and ENGIE Mobisol, as well as mini-grids from ENGIE PowerCorner.” said Yoven Moorooven, CEO of ENGIE Africa.

The European Investment Bank has agreed to provide a USD 12.5 million loan to support the deployment of 240,000 high-quality solar home systems in Uganda by Fenix International, a subsidiary of ENGIE.

Solving the last mile challenge to provide power in remote communities across Uganda Only one in five Ugandans living in remote and rural communities has access to reliable electricity. By scaling up adoption of off-grid solar technology this new initiative will provide economic, social, education and health opportunities for families and entrepreneurs who cannot be connected to the national electricity network.

Customers will also be able to benefit from Fenix International’s service centres that provide support in 30 languages across Uganda.

Supporting private sector growth and sustainable development in Uganda

Following the new agreement between Fenix and the European Investment Bank households, entrepreneurs and small holders across Uganda will be able to access electricity for mobile phones, solar lighting, refrigeration, radio and television. This will help farmers to sell produce, create new markets for traders and improve health.

Increased provision of reliable and affordable energy will create new opportunities for women and girls and reduce exposure to indoor pollution from current kerosene use.

“The European Union is committed to supporting sustainable economic and social development across Uganda. This new cooperation initiative between the European Investment Bank and Fenix International, a subsidiary of leading European energy company ENGIE, demonstrates the value-added of European engagement with Ugandan partners to advance the country’s development vision. Harnessing renewable energy through innovative off-grid solar technology, combined with productive uses of power in rural areas, is a direct demonstration of the European Union’s green deal for Africa, providing new opportunities for millions of Ugandans.” said Attilio Pacifici, European Union Ambassador to Uganda.

Unlocking financial empowerment and overcoming currency barriers

Provision of a PAYGO model will allow families who would be unable to afford the upfront costs of solar home systems to repay the cost of equipment over years at less than USD 20 cents a day. The new European Investment Bank financing will also allow repayment of equipment purchased in US dollars in Ugandan shillings. Previously currency fluctuations hindered provision of affordable clean energy solutions to Ugandans without access to foreign currency.

“Providing hundreds of thousands of new solar home systems through the PAYGO model will allow our Ugandan team to transform communities across the country. We are proud to be the latest national off- grid power operation to be supported by the European Investment Bank and we will work tirelessly to illuminate homes and provide clean power until all of Uganda can access electricity.” said Daniel Willette, Managing Director Uganda (Fenix)

Customers will also benefit from cheaper costs and easier repayment through use of mobile banking. This will also provide other financial products and allow customers to expand existing equipment as needed.

Building on the EIB’s renewable energy track record in Uganda and across Africa

Over the last decade the European Investment Bank has provided more than EUR 5.4 billion for clean energy investment across Africa.

In recent years the European Investment Bank has been a leading financial for the Bujagali hydropower project in Uganda, the Lake Turkana Wind Farm, Olkaria Geothermal plant and the Radiant and Eldosol solar schemes, as well as financing last mile connections in Kenya. The EIB is also supporting studies to harness hydropower to transform clean energy in Burundi and the Great Lakes region.



Source: APO

[grupo guitarlumber] 29/7/2020 09:30

The company will report its earnings for S1 2020 on 07/31/2020.

[tomboyb] 22/7/2020 09:32

DRUM new ticker -

[waldron] 21/7/2020 18:31

waldron
21 Jul '20 - 17:54 - 2492 of 2492 Edit
0 0 0
Brent Crude Oil NYMEX 44.44 +2.82%
Gasoline NYMEX 1.26 +3.81%
Natural Gas NYMEX 1.70 +1.07%
WTI 41.885 USD +2.65%


FTSE 100
6,269.73 +0.13%
Dow Jones
26,973.88 +1.10%
CAC 40
5,104.28 +0.22%
SBF 120
4,019.95 +0.24%
Euro STOXX 50
3,405.35 +0.45%
DAX
13,171.83 +0.96%
Ftse Mib
20,708.66 +0.42%



Eni
8.929 +1.69%



Total
33.755 +1.66%



Engie
11.31 -0.79%

Orange
10.935 -1.58%

Bp
315.95 +4.21%

Vodafone
130.34 +0.82%

Royal Dutch Shell A
1,310 +2.92%


Royal Dutch Shell B
1,251.2 +2.78%


Tullow Oil (TLW)
31.28 +1.05 (+3.47%)

[waldron] 21/7/2020 15:50

Ocean Winds is targeting floating and bottom-fixed offshore wind projects in Europe, the US and Asia

Engie and EDPR joint venture evolves into new company, Ocean Winds

21 Jul 2020by David Foxwell

Engie and EDP Renováveis (EDPR) have announced the creation of Ocean Winds (OW), a joint venture equally controlled by both companies in the floating and bottom-fixed offshore wind energy sector


Both companies believe that offshore wind energy is an essential part of the global energy transition, and that this will lead to the sector’s rapid growth and increased competitiveness.

The new company will act as the exclusive investment vehicle they use to capture offshore wind opportunities around the world. OW will, they say, become one of the top five global offshore wind operators by combining the industrial and development capacity of both parent companies.

EDPR and Engie are combining their offshore wind assets and project pipeline in OW, starting with a total of 1.5 GW under construction and 4.0 GW under development, with a target of reaching 5-7 GW of projects in operation or under construction and 5-10 GW under advanced development by 2025. OW is primarily targeting markets in Europe, the US and selected geographies in Asia.

OW chief executive Spyros Martinis said, “OW has been created with the intention of combining the experience and knowledge of two companies with a successful track record in the generation of renewable energy in a single firm, in order to take a leading position in the offshore wind sector.

“We share a vision for the key role of renewables in general, and offshore in particular, in the new energy model. The creation of a company combining the experience and resources of both will give us the chance to lead a sector in this increasingly real and necessary transition.”

Despite the initial focus on Europe, the US and Asia, OW chief operating officer Grzegorz Gorski said, “We are continuously monitoring opportunities in multiple countries. We are seeking not just to grow in the markets where we are already present, but also to explore opportunities to add value in new countries.”

OW has over 200 employees and expects to have 300 by the end of the year. The company already employs people from 15 different countries, almost a third of them women.

Riviera held a series of webinars on offshore wind in June

[florenceorbis] 21/7/2020 11:00

Upcoming events on ENGIE




JULY29/2020 Interim 2020 Earnings Release (Projected)

[waldron] 20/7/2020 18:24

Brent Crude Oil NYMEX 43.13 -0.02%
Gasoline NYMEX 1.21 +0.15%
Natural Gas NYMEX 1.67 -5.27%
WTI 40.57 USD -0.02%

FTSE 100
6,261.52 -0.46%
Dow Jones
26,630.45 -0.16%
CAC 40
5,093.18 +0.47%
SBF 120
4,010.46 +0.51%
Euro STOXX 50
3,388.34 +0.62%
DAX
13,046.92 +0.99%
Ftse Mib
20,647.79 +1.12%


Eni
8.781 -0.36%

Total
33.205 -1.83%



Engie
11.4 +2.29%

Orange
11.11 +0.95%



Bp
303.2 -1.97%

Vodafone
129.28 -0.40%

Royal Dutch Shell A
1,272.8 -2.33%



Royal Dutch Shell B
1,217.4 -1.87%


Tullow Oil (TLW)
: 30.03: -0.65 (-2.12%)

[waldron] 17/7/2020 17:30

Brent Crude Oil NYMEX 43.24 -0.16%
Gasoline NYMEX 1.20 -1.23%
Natural Gas NYMEX 1.78 -0.17%
WTI 40.52 USD -0.63%


FTSE 100
6,290.3 +0.63%
Dow Jones
26,668.75 -0.25%
CAC 40
5,069.42 -0.31%
SBF 120
3,989.92 -0.39%
Euro STOXX 50
3,365.6 -0.03%
DAX
12,919.61 +0.35%
Ftse Mib
20,396.77 +0.20%



Eni
8.813 -0.92%

Total
33.825 -1.74%



Engie
11.145 -1.15%

Orange
11.005 +0.18%



Bp
309.3 -1.01%

Vodafone
129.8 +1.84%

Royal Dutch Shell A
1,303.2 -1.47%



Royal Dutch Shell B
1,240.6 -1.12%




Tullow Oil (TLW)
: 30.68 +0.56 (+1.86%)

[smackeraim] 17/7/2020 12:22

Some life at last!

[la forge] 17/7/2020 12:06

Matthew Ord Matthew Ord Senior Digital Staff Writer
ENGIE Regeneration looks to progress Cheshire plans
17 Jul 2020 North West Property
ENGIE Regeneration looks to progress Cheshire plans

ENGIE Regeneration's plans to build almost 270 homes in Cheshire, as well as a host of public space as part of a huge scheme, look set to move forward.

The application is earmarked for playing fields off Winsford's Grange Lane, with the site owned by Cheshire West and Chester Borough Council.

It covers 56 acres, although the plot lined up for development accounts for 17 acres.

Proposed are 268 homes in a move which would take up part of the playing fields currently accommodating pitches.

As a result, new ones are proposed to the west of the site.

ENGIE carried out a pre-application consultation, which led to a number of concerns being raised. These included a request for postponement due to Covid-19 pandemic, as well as the loss of countryside and increased pressure on local amenities including schools and doctors.

Amended plans were received addressing a number of comments made.

A report to Cheshire West and Chester Borough Council's planning committee said: "The development of 268 dwellings will have socio-economic impacts, and in particular benefits, both during construction and longer terms.

"There will be direct and indirect job creation through the construction of housing. It is not considered that a condition would be the most effective means of securing local procurement, but this will be encouraged."

The application is set to be approved on 23 July.

[tomboyb] 17/7/2020 08:20

0.65p on the offer -

This one is one to be left -

[waldron] 16/7/2020 17:17

Brent Crude Oil NYMEX 43.61 -0.05%
Gasoline NYMEX 1.22 -1.82%
Natural Gas NYMEX 1.80 -1.43%
(WTI) 41.015 USD +0.12%


FTSE 100
6,250.69 -0.67%
Dow Jones
26,728.52 -0.53%
CAC 40
5,085.28 -0.46%
SBF 120
4,005.41 -0.34%
Euro STOXX 50
3,365.35 -0.57%
DAX
12,874.97 -0.43%
Ftse Mib
20,368.7 +0.43%



Eni
8.895 +0.67%



Total
34.425 +0.28%

Engie
11.275 +0.89%

Orange
10.985 +0.55%



Bp
312.45 +0.71%

Vodafone
127.46 -0.03%

Royal Dutch Shell A
1,322.6 -0.14%



Royal Dutch Shell B
1,254.6 -0.38%


Tullow Oil (TLW)
30.12 -1.11 (-3.55%)

[ariane] 16/7/2020 07:35

The world’s sunniest PV testing field

French energy giant Engie recently commissioned a solar module testing facility in Chile’s Atacama Desert, a region which has the world’s highest solar radiation. Thore Müller – head of bifacial PV R&D and solar services at Engie Laborelec, talked to pv magazineabout the advantages of testing panels, inverters and cleaning systems in hot, arid environments.
July 15, 2020 Emiliano Bellini


The testing site offers perfect conditions for assessing PV use in dry climates.


The Engie Laborelec unit of the French energy giant recently commissioned a PV module testing facility and innovation center in northern Chile’s Atacama Desert – an area with the world’s highest solar radiation.
Trackers and inverters are also being tested at the site.

Image: Engie Laborelec

The center is designed to test technology, including inverters and cleaning systems, for large scale solar projects. “The test bed is designed for large scale applications and will help optimize designs based on a systemic approach,” said Thore Müller, head of bifacial PV R&D at Engie Laborelec. “We want to shift the general view away from a linear project development [approach] where components are evaluated and picked individually and towards … making design choices based on their combined impact on the LCOE [levelized cost of energy]. Then, we want to test and develop innovative technologies to maximize the yield.”
Six bifacial panels are currently under scrutiny at the Atacama site.

Image: Engie Laborelec

Engie Laborelec is testing six bifacial panels from three manufacturers as well as two trackers, plus string inverters. “But, most importantly, we test combinations of these to see how they affect each other,” said Müller.

The center will use measurements of albedo, rear and front-side plane-of-array irradiance and soiling. There will be a special focus on the distribution of rear-side irradiance measurements to assess mismatch losses stemming from design choices.
Thore Müller said conditions at the center are typical of those in which several large scale PV projects are planned.

Image: Engie Laborelec

The desert environment and high solar radiation offer advantages including small day-to-day variability, high soiling levels and low rainfall. “These conditions are typical for many sites where new large scale power plants are planned: Chile, Mexico [the] Middle East,” said Müller. “We believe that a test center that reflects such conditions will be especially helpful.”

Engie announced a 1 GW renewables development plan for Chile in late 2019, with a planned investment of up to $1 billion. The first two projects in the plan – the Capricorn Solar Park and the Calama Wind Site – are currently being built and construction also started on a third project, the Tamaya Solar Park, in the first quarter.

Emiliano Bellini
Emiliano joined pv magazine in March 2017. He has been reporting on solar and renewable energy since 2009.

[e-mail]

[waldron] 15/7/2020 18:13

U.S. to lift Nord Stream 2 sanctions exemption
Jul. 15, 2020 11:58 AM ET|About: Public Joint Stock Company ... (OGZPY)|By: Carl Surran, SA News Editor

Secretary of State Pompeo says the U.S. will remove a sanctions exemption for Russia's Nord Stream 2 natural gas pipeline to Germany, paving the way for new penalties to be imposed on the project.

The new measure allows the U.S. to deploy a wider range of punishments against the pipeline, as the Trump administration tries to thwart the project and lead developer Gazprom (OTCPK:OGZPY).

Minority partners are Royal Dutch Shell (RDS.A, RDS.B), BASF's (OTCQX:BASFY) Wintershall unit, Engie (OTCPK:ENGIY), OMV (OTCPK:OMVJF) and Uniper (OTC:UNPPY).

A previous sanctions measure that went into effect in December halted construction of the pipeline in the Baltic Sea in Danish waters ~93 miles shy of completion.

But earlier this month, Denmark regulators approved a petition that gave Nord Stream 2 a technical workaround to the sanctions, clearing one of the last hurdles for completing the project.

[waldron] 15/7/2020 17:44

Brent Crude Oil NYMEX 43.28 +0.09%
Gasoline NYMEX 1.23 -2.09%
Natural Gas NYMEX 1.77 -0.84%
WTI 40.61 USD +0.28%



FTSE 100
6,292.65 +1.83%
Dow Jones
26,697.2 +0.20%
CAC 40
5,108.98 +2.03%
SBF 120
4,018.99 +1.96%
Euro STOXX 50
3,378.21 +2.00%
DAX
12,930.98 +1.84%
Ftse Mib
20,308.22 +2.16%



Eni
8.836 +0.60%


Total
34.33 +0.84%



Engie
11.175 +1.50%

Orange
10.925 +0.46%



Bp
310.25 +1.89%

Vodafone
127.5 +0.47%

Royal Dutch Shell A
1,324.4 +1.13%


Royal Dutch Shell B
1,259.4 +0.95%


Tullow Oil (TLW)
31.23 +1.04 (+3.44%)

[waldron] 14/7/2020 17:24

Brent Crude Oil NYMEX 43.10 +2.06%
Gasoline NYMEX 1.25 -2.63%
Natural Gas NYMEX 1.80 +0.78%
WTI 40.425 USD +2.21%


FTSE 100
6,179.75 +0.06%
Dow Jones
26,367.9 +1.08%
CAC 40
5,007.46 -0.96%
SBF 120
3,941.57 -0.96%
Euro STOXX 50
3,312.06 -1.22%
DAX
12,697.36 -0.80%
Ftse Mib
19,865.77 -0.69%



Eni
8.783 +1.42%



Total
34.045 +0.99%



Engie
11.01 -0.94%

Orange
10.875 +1.97%




Bp
304.5 +2.65%

Vodafone
126.9 +1.75%

Royal Dutch Shell A
1,309.6 +2.38%



Royal Dutch Shell B
1,247.6 +2.45%


Tullow Oil (TLW)
Share Price: 30.19 : -0.10 (-0.33%)

[smackeraim] 14/7/2020 17:15

Still here, still holding. Nothing happened yet, all to come- name change, statement of intent from company, maybe a TR1? Then onto first investment. I'm staying until at least that point ;-)