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Desertec
Desertec (Often: ''DESERTEC'') is a non-profit foundation aimed at sustainably and ecologically producing electricity in sunny regions of the world. Sunny deserts are therefore the focus. The energy is intended to be used locally, but also exported to industrial regions, e.g., by means of High-voltage direct current, High Voltage Direct Current (HVDC). Energy partnerships are intended to enable development prospects. The concept for energy supply was developed by the ''Trans-Mediterranean Renewable Energy Cooperation'' (#TREC, TREC), an international network of politicians, scientists, and economists. The Desertec Foundation emerged from this network and is a non-profit organization. Several scientific studies, including those from the German DLR, suggest that the concept is feasible and can provide ecological and economic benefits for both Europe and Africa. However, photovoltaic and solar thermal power plants were not economically able to compete with fossil fuels locally or i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nareva
Nareva is an energy company in Morocco wholly owned by Al Mada, the holding company of King Mohammed VI. Activities Renewables The company has multiple wind farm projects. The units in Akhenfir, Haouma and Foum El Oued, with a capacity of 100 MW; 50 MW and 50 MW respectively, sell electricity directly to industrial clients, whereas the one in Tarfaya (300 MW) sells its production to the ONEE, under a 20-years contract and through a structure called TAREC (Tarfaya Energy Company), a 50–50 venture with GDF Suez. Nareva has established itself as a major contributor to the social and economic development in the continent. In compliance with the requirements of the energy transition, it possesses a broad, diversified, and well-balanced portfolio of electrical assets. See also * Jorf Lasfar Energy Company, a similar company owned by TAQA operating in Jorf Lasfar. *Desertec Desertec (Often: ''DESERTEC'') is a non-profit foundation aimed at sustainably and ecologicall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cevital
Cevital () is the largest private conglomerate in Algeria, with interests in the agri-food sector, retail, industry and services, created by Issad Rebrab. The company's headquarters are in Kouba, Algeria. Cevital is a founding member of the Desertec project. The company's earnings in 2009 were US$3,589 million. Subsidiaries and affiliates Main subsidiaries and affiliate companies of Cevital include food processing, shopping centers, construction, automobile sales, and glass manufacturing: Food processing industry * Cevital Food Processing Industry Created in 1998, Cevital Food Processing Industry (Cevital Agro-Industrie) consists of various production units such as: oil refinery, sugar refinery, margarine production unit, mineral water packaging unit, a unit for producing and packaging refreshing drinks, cannery, port silos as well as a terminal for port unloading. Cevital Food Processing Industry has permitted Algeria to go from the importation stage to the export ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonelgaz
Sonelgaz (, ''Société Nationale de l'Electricité et du Gaz'', National Company for Electricity and Gas) is a state-owned utility in charge of electricity and natural gas distribution in Algeria Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Alger .... It was established in 1969, replacing the previous body Electricité et gaz d'Algérie (EGA), and was given a monopoly over the distribution and selling of natural gas within the country as well as the production, distribution, importation, and exportation of electricity. In 2002, its monopoly was revoked by presidential decree N° 02-195, which legally converted it into a private (though entirely government-owned) company; it is now scheduled to be split eventually. As of 2003, it produces 29 billion kWh a year, sells 4.6 billion cubic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Eléctrica De España
Red Eléctrica de España (; REE) is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system. It also holds assets in Peru, Chile and Brazil. History The company was created in 1985 by the State-owned holding company Instituto Nacional de Industria (INI) to provide a unified national power grid. Up to 20% of Red Eléctrica is controlled by the state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI), with the remainder being free float on the Bolsa de Madrid. Sell-offs The firm was also formerly active in telecommunications, but in 2005 sold its unit Albura (and with it access to a 7,500 km (4,700 mi) network of optical fibre) to Deutsche Telekom's unit T-Online for €61.5 million. Acquisitions The company owns 5% of Portuguese counterpart Redes Energéticas Nacionais, with which it holds a strategic alliance. TDE was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Munich Re
Munich Re Group or Munich Reinsurance Company () is a German Multinational corporation, multinational insurance company based in Munich, Germany. It is the world's largest reinsurance, reinsurer. ERGO Insurance Group, ERGO, a subsidiary of Munich Re, serves as the insurance, primary insurance arm of the Group. Munich Re's shares are publicly listed. Munich Re is included in the DAX index at the Frankfurt Stock Exchange, the Euro Stoxx 50, and other indices. History In 1880 Carl von Thieme, a native of Erfurt who was the representative in Bavaria of his father's ''Thuringia'' insurance company, founded in Munich ''Münchener Rückversicherungs-Gesellschaft'' together with Wilhelm von Finck (co-owner of the Merck Finck & Co. bank) and Theodor von Cramer-Klett. This was followed by the founding of Allianz, Allianz Versicherungs-Gesellschaft in 1890 in Berlin. Carl von Thieme was head of Munich Re until 1921, and Wilhelm von Finck served as Chairman of the supervisory board until 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSH Nordbank
Hamburg Commercial Bank (formerly HSH Nordbank) is a commercial bank in northern Europe with headquarters in Hamburg as well as Kiel, Germany. It is active in corporate and private banking. Considered to be the world’s largest provider of maritime finance, its main focus is on shipping, transportation, real estate and renewable energy. The bank is one of the pioneers in the pan-European project financing of renewable energies and is also involved in the expansion of digital infrastructure''.'' ''In 2022, the bank won the “World’s Best Bank Transformation” award by Euromoney trade magazine. For the third year in a row, The bank was awarded as "Best Performing Bank" in Germany by The Banker.'' The bank changed its name from HSH Nordbank to Hamburg Commercial Bank (HCOB) on February 4, 2019, after the bank was sold to new owners in 2018. HCOB has foreign offices in Athens and other significant operations in Luxembourg and London. HSH Nordbank, then HCOB has been designated a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Millennium
Solar Millennium was a German company globally active in the renewable energy sector founded in 1998 in Erlangen, Germany, which is specialized in the designing and implementation of solar thermal power plants. The main activities are site selection, project development, planning, design and construction of parabolic trough power plants. The Federal Financial Supervisory Authority (BaFin) is investigating allegations of insider trading in the company's shares at Solar Millennium. According to a report in the Süddeutsche Zeitung, company founder Hannes Kuhn is said to have bought shares before Utz Claassen's engagement caused the share price to jump. As a result of the reporting, Hannes Kuhn stretched a sued against the journalists involved and the Süddeutsche Zeitung for around 80 million euros in damages for eight years. Expert said it was a SLAPP. History The company was founded in October 1998 as 'Solar Century Management GmbH' by businessmen Hannes Kuhn. This company was r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Solar
First Solar, Inc. is a publicly traded American manufacturer of solar panels, and provider of utility-scale PV power plants, supporting services that include finance, construction, maintenance and end-of-life panel recycling. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride (CdTe) as a semiconductor. The company was founded in 1990 by inventor Harold McMaster as Solar Cells, Inc. and the Florida Corporation in 1993 with JD Polk. In 1999 it was purchased by True North Partners, LLC, who rebranded it as First Solar, Inc. The company went public in 2006, trading on the NASDAQ. Its current chief executive is Mark Widmar, who succeeded the previous CEO James Hughes July 1, 2016. The Arizona-based manufacturer opened a $1.1 billion facility in Alabama in September 2024. The company operates three facilities in Ohio and is currently constructing a $1.1 billion 3.5 GW plant in Louisiana expected to come online in 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enel
Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian state, through the Ministry of Economy and Finance, is the main shareholder, with 23.6% of the share capital as of 31 December 2024. The company is quoted on the FTSE MIB index on the Borsa Italiana. History 1898–1962: Towards a national policy for electricity In 1898, the production of electricity in Italy was 100 GWh, and had a value of over $56 billion by 1960. The majority of the electricity was produced by regional private companies, or by companies linked to other industrial bodies, both local and regional, by exploiting the specific characteristics of the territory: its hydrogeological resources. The state subsidised the construction of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as ''Deutsche Bank und Disconto-Gesellschaft'' or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan, Grenfell & Company, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. It is a component of the DAX stock market index and is often referred to as the List of banks in Germany, largest German banking institution, with Deutsche Bank holding the majority stake in DWS Group for combined assets of 2.2 trillion euros, rivaling even Spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
