Enel News
6 articles
growth-positive
Brenmiller to Launch New bGen(TM) Thermal Energy Storage System for Nuclear Small Modular Reactors (SMRs) - Powering the Nuclear Resurgence
Brenmiller Energy Ltd. is advancing its thermal energy storage (TES) technology, bGen™, for integration with nuclear small modular reactors (SMRs). The company has installed its bGen™ system in Italy with Enel, a major European utility, as part of a pilot project aimed at decarbonizing combined heat and power operations. This collaboration serves as a foundation for further development of TES units tailored for SMRs, which are smaller and more flexible than traditional nuclear plants. The bGen™ systems architecture supports passive heat absorption and load following, making it suitable for SMR integration and potentially accelerating deployment in SMR-linked projects.
Product StagePartners
growth-negative
Top Issuer in $250 Billion ESG Bond Market Risks Trigger Event
Italian energy company Enel SpA, the largest issuer of sustainability-linked bonds (SLBs), is likely to miss its end of 2023 carbon-emissions goal due to changes in European energy policy. This could result in an estimated $27 million of additional annual interest costs. The energy crisis, sparked by Russias invasion of Ukraine, is impacting companies climate commitments. Enels failure to meet its goal would be the most significant penalty yet in the SLB market. Swedish bank SEB AB warned last month that around a third of issuers arent on track to meet their targets.
Investment
growth-positive
Mastercard and Enel X Win Right to Establish New Fintech-Cybersecurity Laboratory with $3.7 Million State Funding
Mastercard and Enel X have won a tender to establish a new fintech-cybersecurity laboratory in Beer Sheva, Israel. The laboratory will be funded by the Israel Innovation Authority, the National Cyber Directorate, and the Ministry of Finance, with NIS 13 million ($3.7 million) in funding over three years. It aims to assist entrepreneurs and startups in reaching the proof of concept stage in the fintech and cybersecurity fields, particularly in developing cybersecurity capabilities for the financial sector. The laboratory will provide startups with expertise through cooperation with leading global players in the finance sector, such as Mastercard and Enel X. The project is expected to strengthen Israel and Beer Sheva as leaders in the international cybersecurity industry.
PartnersInvestment
Enel Invests in 3D Map Developer Pixtier
growth-positive
Italian energy giant uses Israeli drone to oversee plant maintenance
Enel, Italys energy giant, has partnered with Israeli drone-developing startup Percepto to use its Sparrow drone system at one of its power plants in northern Italy. The Sparrow drone, powered by computer vision and AI technology, will fly in automated mode to oversee operations and maintenance. It carries regular and night-vision cameras, enabling round-the-clock operations and data collection. The Sparrow drone acts autonomously, collecting and analyzing data, and transmitting accurate information to Enel personnel. Perceptos drone-in-a-box solution increases flight frequency and anomaly detection, reducing operational costs and improving site productivity. Enel opened its innovation hub in Tel Aviv in 2016 to tap into Israeli technologies.
Partners
growth-positive
http://www.jpost.com/Business-and-Innovation/Italian-energy-giant-Enel-launches-innovation-hub-in-Tel-Aviv-460223
Enel, an electricity producer based in Italy, has opened its first innovation hub in Israel. The company sees innovation as necessary for its growth strategy and aims to compete with and integrate new sources of energy. The hub will connect with 300 start-ups annually and select up to 20 for a six-month program. Enel hopes that three to five of these start-ups will become commercial companies working in association with it. The hub is seen as an example of a new mode of interaction between countries and businesses, focusing on innovation partnerships. Israeli companies traditionally view corporations like Enel as sources of branding and distribution, but with the rise of startups, corporations are now seeking innovation from these startups. Enels innovation hub aims to bring together different parties and companies to foster innovation and high-tech under one roof.
PartnersInvestment
