Enel Green Power set a new record in 2022 by building 5,223 MW of renewable capacity. This new capacity was built across over 80 plants and was mainly made up of solar energy (2.6 GW) and wind energy (2.2 GW) power. EGP also reached a record in terms of renewable capacity under construction (7.2 GW) and energy generated from renewable sources in the same year. In addition, the company’s pipeline of projects under development reached a record 455 GW.
EGP, the world’s largest private player in the renewable energy sector, currently operates around 59 GW of renewable capacity, including storage systems. In Italy, EGP operates about 14.7 GW of renewable energy plants, and produced 18.3 TWh in 2022. Salvatore Bernabei, CEO of EGP, commented on the company’s continued growth, despite the challenges of geopolitical conflicts and a worsening macroeconomic environment, and their goal of reaching 75 GW of renewable capacity and battery energy storage systems by 2025.
The new renewable capacity built in 2022 has the capacity to generate approximately 13 TWh per year, avoiding 9 million tons of CO2 emissions each year and eliminating the need to purchase 2.9 billion cubic meters of gas per year. This is another step forward in the Enel Group’s decarbonization roadmap, which aims to achieve zero emissions by 2040. The Enel Group’s decarbonization roadmap also involved shutting down the 320 MW Bocamina II coal-fired plant in Chile in 2022.
The new renewable energy capacity installed by Enel is spread across Europe (mainly Italy and Spain), Latin America (mainly Chile and Brazil), North America (mainly the United States), and Africa, Asia, and Oceania.