History
Encavis AG was formed in 2001 as Capital Stage AG by transferring the investments of Futura Capitalis AG to HWAG Hanseatisches Wertpapierhandelshaus AG, which has been listed on the stock exchange since 1998. Initially, the company was a private equity company and held investments in solar companies such as Conergy and Inventux Solar Technologies. In the years that followed, the company transformed itself into an investor and operator of (ground-mounted) solar parks and (onshore) wind farms.
On May 30, 2016, Capital Stage AG announced a takeover bid for its competitor Chorus Clean Energy AG. The takeover bid was structured as a pure share swap and ended on October 5, 2016. Capital Stage AG owned 94.42% of Chorus Clean Energy AG. On March 8, 2017, Capital Stage announced that it had acquired additional shares in Chorus Clean Energy AG and now owns more than 95% of the shares of Chorus Clean Energy AG.
In February 2018, Capital Stage AG changed its name to Encavis AG. According to its own information, Encavis is one of the leading independent operators of solar and wind parks in Europe with a total capacity of more than 3 gigawatts. [3]
At the end of October 2022, Encavis AG acquired a majority stake in Stern Energy S.p.A., headquartered in Parma, Italy. [2] The company is a specialized provider of technical services for the installation, operation, maintenance and revamping of photovoltaic systems.
EnBW Energie Baden-Württemberg AG, or simply EnBW, is a publicly-traded energy company headquartered in Karlsruhe, Germany.
Iberdrola is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 40,000 employees serving around 30 million customers. Subsidiaries include ScottishPower and a significant part of Avangrid, amongst others. As of 2023, the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank also holding significant interests.
The United Kingdom is the best location for wind power in Europe and one of the best in the world. The combination of long coastline, shallow water and strong winds make offshore wind unusually effective.
Many countries and territories have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies:
Solar power is a major contributor to electricity supply in Australia. As of December 2023, Australia's over 3.69 million solar PV installations had a combined capacity of 34.2 GW photovoltaic (PV) solar power. In 2019, 59 solar PV projects with a combined capacity of 2,881 MW were either under construction, constructed or due to start construction having reached financial closure. Solar accounted for 12.4% of Australia's total electrical energy production in 2021.
Wind power in Germany is a growing industry. The installed capacity was 55.6 gigawatts (GW) at the end of 2017, with 5.2 GW from offshore installations. In 2020, 23.3% of the country's total electricity was generated through wind power, up from 6.2% in 2010 and 1.6% in 2000.
As of 2023, Europe had a total installed wind capacity of 255 gigawatts (GW). In 2017, a total of 15,680 MW of wind power was installed, representing 55% of all new power capacity, and the wind power generated 336 TWh of electricity, enough to supply 11.6% of the EU's electricity consumption.
Wind power generates about 10% of Turkey's electricity, mainly in the west in the Aegean and Marmara regions, and is gradually becoming a larger share of renewable energy in the country. As of 2024, Turkey has 12 gigawatts (GW) of wind turbines. The Energy Ministry plans to have almost 30 GW by 2035, including 5 GW offshore.
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide have paid greater attention to this emerging industry in recent years. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The wind power, solar power and hydroelectric power industries provide good examples of this.
The wind power industry is involved with the design, manufacture, construction, and maintenance of wind turbines. The modern wind power industry began in 1979 with the serial production of wind turbines by Danish manufacturers. The industry is undergoing a period of rapid globalization and consolidation.
The Renewable Energy Sources Act or EEG is a series of German laws that originally provided a feed-in tariff (FIT) scheme to encourage the generation of renewable electricity. The EEG 2014 specified the transition to an auction system for most technologies which has been finished with the current version EEG 2017.
As of May 2024, wind power in the Netherlands has an installed capacity of 11,611 MW, 40.9% of which is based offshore. In 2022, the wind turbines provided the country with 18.37% of its electricity demand during the year. Windmills have historically played a major part in the Netherlands by providing an alternative to water driven mills.
The U.S. state of Massachusetts has vast wind energy resources offshore, as well as significant resources onshore. The 2016 update to the states's Clean Energy and Climate Plan had a goal of reducing 1990 baseline greenhouse gas emissions levels by 25% by 2020. Current goals include installing 3,500 megawatts (MW) of offshore wind power in the state by 2035. However, as of Q4 2021 the state had only 120 MW of wind powered electricity generating capacity, responsible for generating 0.9% of in-state electricity production. The state has awarded contracts to two offshore projects, the 800 MW Vineyard Wind project and 804 MW Mayflower Wind project. Construction began on the Vineyard Wind 1 project on November 18, 2021, after a long fight for approval. Commonwealth Wind was selected for development in 2021, but the developer has attempted to cancel the project due to increased costs. There are eight projects planned for off the southern coast of Massachusetts, though some will deliver power to Rhode Island, Connecticut, and New York.
Enel Green Power S.p.A. is an Italian multinational renewable energy corporation, headquartered in Rome. The company was formed as a subsidiary of the power generation firm Enel in December 2008. It has operations in five continents generating energy from solar, geothermal, wind and hydropower sources. As of 2022, it manages a capacity of 60,9 GW and has over 1200 plants worldwide.
Wind power in the Philippines accounts for a total of 443MW as of 2020 according to the Department of Energy, covering about 1.6% of the country's total installed capacity for both renewable and non-renewable energy sources. When it comes to existing renewable energy sources in the country, wind power has a total share of approximately 5.4%. Despite currently being a small contributor to the country's energy mix, wind power installations have increased from 33MW in 2012-2013 to 337MW in 2014, 427MW in 2015-2018, and 443MW in 2019-2021. Moreover, the Department of Energy's National Renewable Energy Plan (NREP) 2020-2040 aims to commission 2,345MW of total wind power capacity by 2030. There has been a setback, however, as the wind power industry was moderately affected by COVID, particularly in the import of wind turbines. Due to this, several projects such as the Aklan onshore wind project got delayed. To further drive the wind energy sector in the country, an increased demand for renewable energy, greater government commitments, and reduced wind power tariff are needed.
Neoen is a French producer of exclusively renewable energy headquartered in Paris, France. Founded in 2008, it develops, finances, builds and operates solar power plants, wind farms and energy storage solutions. As at 30 June 2023, the company's total capacity was 7 GW, made up of 47% solar, 34% wind and 19% battery storage. Neoen aims to attain 10 GW in operation or under construction by 2025.
Copenhagen Infrastructure Partners P/S ("CIP") is a Danish investment firm specializing in infrastructure investments, particularly wind power. CIP is one of the world's largest dedicated renewables investment firms with €25 billion raised and a project pipeline of 120 GW.
The Australia–Asia Power Link (AAPowerLink) is a proposed electricity infrastructure project that is planned to include the world's largest solar plant, the world's largest battery, and the world's longest submarine power cable.
The Gujarat Hybrid Renewable Energy Park or Khavda Solar Park is an under construction renewable energy park located near Vighakot village in Kutch district of Gujarat, India. It is located very close to the international border with Pakistan. It is expected to generate 30 gigawatt (GW) electricity from both solar panels and wind turbines when completed, over an area of 72,600 hectares (726 km2). 1 GW capacity was commissioned in March 2024.
ABO Wind AG is a German energy company which develops renewable energy sources. ABO Wind has international offices in France, Northern Ireland, Ireland, Spain, Greece, Hungary, Argentina, Canada, Colombia, South Africa, Tunisia and the Netherlands. In Germany, ABO Wind operates at its corporate headquarters in Wiesbaden as well as in Heidesheim near Mainz and in regional offices in Berlin, Rhineland-Palatinate, Lower Saxony, North Rhine-Westphalia as well as in Saarland. As of 2023 the company has over 900 employees and is working on projects amounting to over 2.5 gigawatts worldwide.
