Enel Green Power (EGP) set a new record in 2022 by building 5,223 MW of new renewable capacity, including 387 MW of Battery Energy Storage Systems (BESS), representing an increase compared to 2021 figures. The new capacity includes over 80 plants, mainly solar (2,622 MW) and wind (2,160 MW).

On top of the 5,223 MW built last year, EGP also set a record in terms of new renewable capacity under construction as of December 31st, 2022, with 67 plants for a total of approximately 7,200 MW, including 900 MW of BESS. In addition, in 2022 EGP set a record in terms of energy generated annually from renewable sources, with about 124 TWh in total, of which: 65.9 TWh from wind and solar (up by 10.5 TWh compared to 2021), 52 TWh from hydro and 6 TWh from geothermal. In the same year, EGP’s pipeline of projects under development also set a record, reaching 455 GW including renewable energy plants, BESS and capacity already in execution, up by about 24% over the previous year’s figures.

EGP is the world’s largest private player in the renewable energy sector, and with the plants built in 2022, it has reached approximately 59 GW of renewable capacity, including storage systems. In Italy, EGP operates about 14.7 GW of renewable energy plants, including BESS, and produced around 18.3 TWh in 2022, of which: 12 TWh from hydro, 1.3 TWh from wind and solar, and 5 TWh from geothermal.

Salvatore Bernabei, CEO of EGP, commented: “In 2022, Enel Green Power reaffirmed its position as a global leader in the renewable segment. Despite all the challenges we faced this last year, which was marked by geopolitical conflicts and a worsening macroeconomic environment, we are continuing to grow with the ambitious goal of reaching 75 GW of renewable capacity and battery energy storage systems by 2025 while keeping a strong focus on safety, people and the environment in which our plants are located.

In the next few months, Enel Green Power will also strengthen its commitment in the industrial supply chain: in fact, the 3Sun photovoltaic module factory in Catania will become a Gigafactory as early as July 2024, and its annual production capacity will increase from the current 200 MW to 3 GW.

As for our achievements and the goals ahead of us, we would like to thank once again all our colleagues, our partners, and the communities who embrace our projects and every day help us achieve our mission statement: to promote progress with sustainable energy.”

The new capacity is geographically distributed as follows:

• 1,137 MW in Europe, mainly in Italy and Spain;
• 1,364 MW in Latin America, mainly in Chile and Brazil;
• 1,985 MW in North America, mainly in the United States;
• 737 MW in Africa, Asia and Oceania.

The new renewable capacity built in 2022 is able to generate approximately 13 TWh per year, avoiding the emission of about 9 million tons of CO2 into the atmosphere each year. This new capacity also eliminates the need to purchase 2.9 billion cubic meters of gas per year.

This result marks yet another step forward in the Enel Group’s decarbonization roadmap, which sets out to achieve zero emissions by 2040, with specific 1.5°C scenario-compliant targets set across all scopes and recently validated by the Science Based Targets initiative.

In 2022, the Group’s decarbonization roadmap also entailed shutting down the 320 MW Bocamina II coal-fired plant in Chile.