Enel

You may already be familiar with Gogoro’s battery swapping stations, known as GoStations, which have famously created the de facto standard in swappable light electric vehicle batteries. But now the company is expanding beyond just EV battery swapping by teaming up with Enel X to create virtual power plants (VPPs) from its GoStations. The Taiwanese battery swapping company Gogoro is active across a half dozen countries, but its domestic market is by far its largest with thousands of local…

Enel X Way today announced that it plans to add 10,000 DC public charging stations, and at least 2 million home, commercial, and public EV charge ports overall, in North America by 2030. Enel X Way already serves the home and commercial charging segments in North America – it sells EV chargers directly to consumers on its website, and also works with businesses and utilities. Now it’s expanding into the public charging market. Enel X Way says its deployment of over 10,000 DC public…

Big companies are winning appeals to overturn regulatory decisions that allege they violated European privacy rules, potentially carving out a path for more businesses to challenge similar sanctions.Courts in the U.K., Spain, Italy and Germany sided with companies including Experian PLC, Amazon. com Inc. and Italian energy giant Enel SpA in recent rulings, in some cases striking down multimillion-dollar fines and reaffirming…

Volkswagen and Italy's Enel have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles (EVs), investing 100 million euros ($105.38 million) each, Volkswagen said. The charging points will be accessible to drivers of cars made by all manufacturers at 500 locations by the end of 2023, and will have a capacity of up to 350 kW. By the end of 2022, the carmaker and its partners will have installed 4,300 of a planned 18,000 fast-charging points in Europe, 3,700 of a planned 10,000…

Enel North America today announced the launch of its retail energy business, and it’s going to kick off in Texas. In the US, retail energy providers are able to supply power to homes and businesses in deregulated states. Enel has 8 gigawatts (GW) of renewable energy assets in North America, and it already has more than 4 GW of clean energy projects in Texas that are operational or under construction. In 2023, it plans to expand into other deregulated states, including Ohio, Illinois, and…

Enel North America, through its affiliate 3Sun USA, today announced that it will build one of the largest solar PV factories in the US. Initially, it’s expected to produce at least 3 gigawatts (GW) and scale up to 6 GW of high-performance bifacial PV modules and cells annually. This facility will be among the first in the US to produce solar cells, a vital part of the supply chain. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar…

Enel said it is planning a factory that can initially produce 3 gigawatts—and ultimately as much as 6 gigawatts—of solar panels. That is a scale that would make Enel’s factory one of the largest such ventures in the U.S., at a cost that could approach or top a billion dollars, according to Journal estimates. The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S., after the last few manufacturers went out of business or were priced out of the…

VW, Europe’s biggest auto maker by sales, said the companies’ boards would meet on Monday to discuss the private placement of common stock and whether to move forward with an initial public offering of 25% of Porsche’s nonvoting preferred shares. If approved, Porsche shares could begin trading at the end of the month or in early October, VW said. Porsche SE is an investment fund majority owned by the family of the brand’s founder, while Porsche AG is the car maker itself. Industry analysts have estimated that…

Millions of electric vehicles will be scrapped in the coming years. For the batteries that power them, that won’t be the end of the road. Eventually, auto makers and recycling companies want to harvest valuable materials from old EV batteries to make new ones. But before they are recycled, used batteries could be given a second life on the electricity grid. Millions of electric vehicles will be scrapped in the coming years. For the batteries that power them, that won’t be the end of the…

Enel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said "you can produce electricity better, cheaper, without using gas."Giulio Napolitano | Bloomberg | Getty ImagesThe CEO of Italian power firm Enel has cast doubt on the continued benefit of using gas to produce electricity, telling CNBC it is "stupid" and that cheaper and better alternatives are now available.Speaking to CNBC's Steve Sedgwick at the World Economic Forum, Francesco Starace discussed where Europe had…