In the past week Italy’s Enel Green Power (EGP) (BIT: EGPW) has featured heavily in the news for three different renewable power projects.

The company, managed by Francesco Starace, has just announced the joint purchase (with SECI Energia) of biomass power company Powercrop, which is reconverting former Eridania sugar refineries into biomass power plants.
Francesco Starace
The plan behind the acquisition is to develop energy from the biomass short supply chain by building five new high-efficiency plants with a total installed capacity of 150 MW.

Earlier this week the renewable energy firm announced the operation of Chile’s first wind farm with a capacity of 90 MW, following investment of over $165m.

Finally the company also announced that work had commenced on the 40 MW Bagnore 4 geothermal power plant in Tuscany, representing a $153m investment.

That project calls for the construction of two 20 MW turbines, for a total installed capacity of 40 MW. Once completed, the plant will be able to generate up to 310 million kWh of electricity per year, thereby saving 70,000 TOE (tonnes of oil equivalent).

For more renewable power generation news