Enel is planning a big push into biofuels and other renewables with investments likely to total Euro4bn ($5bn) in plans announced yesterday, according to planet Ark.
Enel, an Italian utility company, will invest 3.3 billion euros in creating new renewable energy plants with total capacity worth 1,700 Megawatt and innovative projects, like solar plant Archimede in Sicily, as well as biomass and biofuels facilities.