X
  • Renewable Power
  • Nuclear Power
  • Thermal Power
Power Gen Advancement
  • Home
  • News
    US Utility Scale Solar Installs 4.4 GW in Q1 2025

    US Utility-Scale Solar Installs 4.4 GW in Q1 2025

    US Solar Electricity Generation

    US Solar Electricity Generation Grows 28% Year-Over-Year

    Caterpillar Unveils Systems

    Caterpillar Unveils Systems for Multiple Power Generation

    Executive Orders to Boost Nuclear Energy

    Executive Orders to Boost Nuclear Power Signed by Trump

    Offshore Wind Capacity in Romania

    Offshore Wind Capacity in Romania to Witness Delimitation

    US Offshore Wind Development

    US Offshore Wind Development – Northeast Region Hit

    National Power Development

    Vietnam Alters its National Power Development Plan VIII

    Effective Battery Storage

    Effective Battery Storage for Sustainable Energy Systems

    Renewable Hydrogen in Spain

    Auction-as-a-Service to Produce Renewable Hydrogen in Spain

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

    Day 1, ADIPEC 2024: Global Ministers and CEOs Call for Accelerated Innovation and Collaboration to Fast-Track Energy Transformation

    Harnessing hydrogen to power HGVs

    Stabilising the renewable energy grid

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
  • Home
  • News
    US Utility Scale Solar Installs 4.4 GW in Q1 2025

    US Utility-Scale Solar Installs 4.4 GW in Q1 2025

    US Solar Electricity Generation

    US Solar Electricity Generation Grows 28% Year-Over-Year

    Caterpillar Unveils Systems

    Caterpillar Unveils Systems for Multiple Power Generation

    Executive Orders to Boost Nuclear Energy

    Executive Orders to Boost Nuclear Power Signed by Trump

    Offshore Wind Capacity in Romania

    Offshore Wind Capacity in Romania to Witness Delimitation

    US Offshore Wind Development

    US Offshore Wind Development – Northeast Region Hit

    National Power Development

    Vietnam Alters its National Power Development Plan VIII

    Effective Battery Storage

    Effective Battery Storage for Sustainable Energy Systems

    Renewable Hydrogen in Spain

    Auction-as-a-Service to Produce Renewable Hydrogen in Spain

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

    Day 1, ADIPEC 2024: Global Ministers and CEOs Call for Accelerated Innovation and Collaboration to Fast-Track Energy Transformation

    Harnessing hydrogen to power HGVs

    Stabilising the renewable energy grid

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
Power Gen Advancement
No Result
View All Result
Home News

France’s Engie targets 80 GW of installed renewables by 2030

in News, Renewable Power
China's CEIC, China Reform set up $1.55 bln new energy fund

French energy company Engie SA announced to increase its investments in the renewable energy sector as well as to generate between EUR 9 billion (USD 11bn) and EUR 10 billion from disposals of non-core operations by 2023, in a bid to simplify its structure and boost shareholder value.

The French group expects to increase its installed capacity in renewables to 50 GW by 2025 and 80 GW by 2030. It will prioritise markets in Europe and the Americas, “with offshore wind across a wider geographic footprint,” and will retain more of its developed projects, particularly when it comes to onshore wind and solar in priority markets.

Engie intends to invest between EUR 15 billion and EUR 16 billion from the current year until 2023, with 55% of that amount being already committed and between 40% and 45% set to be channelled to the renewable energy sector. Overall, it estimates that the investments would contribute to a further EUR 1 billion of operating profit over the same period.

As per Engie’s participation in the hydrogen market, it expects to develop 4 GW of green hydrogen capacity by the end of the decade and have 700 km of dedicated hydrogen networks with 1 TWh of storage capacity and over 100 refuelling stations.

The French group added that it will reduce its overall geographical presence to less than 30 countries by 2023 from 70 in 2018.

Engie also posted a 2.3% year-on-year rise in first-quarter revenue to EUR 16.9 billion, with earnings before interest, taxation, depreciation and amortisation (EBITDA) in the three months to March 31 improving by 5.3% to EUR 3.2 billion.

In late 2020, the French utility launched a strategic review of its client solutions activities as part of ongoing efforts to offload non-core businesses. Through its Italian subsidiary Engie EPS, the French group is in the process of setting up an electric vehicles (EV) technology joint venture with automaker Stellantis arm Fiat Chrysler.

In April, Engie announced that it will exit coal-based power operations in Chile by 2025. The French company is also working on a green hydrogen project in Western Australia.

Previous Post

National Grid Electricity Transmission uses Smart Wires technology

Next Post

Triodos Bank UK funds Low Carbon Hub solar project

Related Posts

Port-to-Pipe-B2B-Models for Green Hydrogen Export Corridors
Articles

Port-to-Pipe B2B Models for Green Hydrogen Export Corridors

June 12, 2025
Corporate-Offtake-of-Offshore Wind Shifting Energy Spectrum
Renewable Power

Corporate Offtake of Offshore Wind Shifting Energy Spectrum

June 11, 2025
US Utility Scale Solar Installs 4.4 GW in Q1 2025
America

US Utility-Scale Solar Installs 4.4 GW in Q1 2025

June 3, 2025
US Solar Electricity Generation
News

US Solar Electricity Generation Grows 28% Year-Over-Year

June 3, 2025
EIA Data Reveal Renewables
Market Reports

EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

May 29, 2025
Caterpillar Unveils Systems
News

Caterpillar Unveils Systems for Multiple Power Generation

May 26, 2025
Next Post
India achieved a solar share of 10.69 percent of installed power capacity

Triodos Bank UK funds Low Carbon Hub solar project

LatestNews

US Utility Scale Solar Installs 4.4 GW in Q1 2025
America

US Utility-Scale Solar Installs 4.4 GW in Q1 2025

June 3, 2025
US Solar Electricity Generation
News

US Solar Electricity Generation Grows 28% Year-Over-Year

June 3, 2025
Caterpillar Unveils Systems
News

Caterpillar Unveils Systems for Multiple Power Generation

May 26, 2025
Executive Orders to Boost Nuclear Energy
News

Executive Orders to Boost Nuclear Power Signed by Trump

May 26, 2025
Offshore Wind Capacity in Romania
News

Offshore Wind Capacity in Romania to Witness Delimitation

May 26, 2025
US Offshore Wind Development
News

US Offshore Wind Development – Northeast Region Hit

May 19, 2025
Power Gen Advancement

About Us

Power Generation Advancement is a leading information centric website providing latest up to date information and happenings within the industry. The website is sub divided into 3 sectors updating the latest news and developments about Power Generation industry through Renewable Energy, Nuclear Energy, Thermal Energy sources. Power Generation Advancement runs with an objective to provide a one stop knowledge driven content to our reader and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Our Services
  • Contact Us
  • Download Mediapack
  • Newsletter Archive

System

  • Search
  • Sitemap
  • RSS Feed

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Market Moves
  • Press Statements
  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In