1 place Samuel de Champlain, 92930 Paris, France
Engie is an investment firm with headquarter in Paris. The stock-listed company (FRA: GZF) has a portfolio with a total capacity over 3000 MW. Through providing a huge diversification, ENGIE S.A. operates and invests in many different renewables sectors. Among wind parks, solar farms and biomethane, they also operate hydroelectricity projects, geothermal energy as well as hydrogen and biomass.
The onshore wind parks solely exhibit approximately 591 GW installed capacity while the renewable projects being spread worldwide. But Engie S.A. also invested in offshore wind parks including both bottom fixed and floating. The leader in wind energy in France in seeking to become a pioneer in the context of complex renewable technologies and therefore are permanently improving the implementation of renewable energy generation. Thus, they are also active in the three main categories of hydroelectric power plants and in the geothermal energy area. Also, the solar parks across the world have to be mentioned. By using the newest solar technologies, ENGIE S.A. owns photovoltaic parks with a total capacity of 1.850 MW worldwide. All these investments are accomplished with the overall goal of reaching the zero-carbon status, which is why the company also bets on hydrogen which is supposed to speed up the transition.
The French company was founded 2008 in Paris. Engie S.A. employs 170.000 people and is determined to take action in the world’s transition to a carbon-friendly future. Aware of its obligations, Engie S.A. is continuously looking for new innovative solutions that include a positive impact for the planet and its population.
Paris-based investment firm Engie purchased 6GW of US renewable energy projects from Belltown Power. The acquired portfolio includes 33 project sites comprising 2.7GW of solar and 3.3GW of storage. This investment is an important step towards Engie’s goal to have 80GW of installed renewable capacity by 2030.
Image Source: Unsplash, 05.03.2021