Building Energy is a

renewable energy Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...

company that develops, engineers, constructs, and operates projects. The company employs approximately 200 full-time employees and owns several renewable assets within

solar energy Solar energy is radiant light and heat from the Sun that is harnessed using a range of technologies such as solar power to generate electricity, solar thermal energy (including solar water heating), and solar architecture. It is an essenti ...

energy storage Energy storage is the capture of energy produced at one time for use at a later time to reduce imbalances between energy demand and energy production. A device that stores energy is generally called an accumulator or battery. Energy comes in ...

, wind energy,

biomass Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bi ...

and

hydropower Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, converting the Pot ...

.{{Cite web , title=Home , url=https://beinc.ca/ , access-date=2023-12-29 , website=Building Energy Inc , language=en-US

History

Building Energy was founded in 2010 in

Milan, Italy Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 ...

. The company started a business in the solar industry, aiming to expand geographically and within diverse technologies. In June 2013, Building Energy closed an agreement with the private equity fund, Synergo SGR, which invested about €30m. Today, the fund holds 32% of the company's share capital, while the rest of the shares were distributed amongst the top management. Currently, the Building Energy Group has 200 employees, based in the offices in Milan, South Africa, United States, Serbia, Japan, United Arab Emirates and Panama.

Company presence

Africa

Building Energy is present in Africa with an office located in

Cape Town Cape Town ( af, Kaapstad; , xh, iKapa) is one of South Africa's three capital cities, serving as the seat of the Parliament of South Africa. It is the legislative capital of the country, the oldest city in the country, and the second largest ...

. In December 2011, the company was awarded a contract for the construction of an 81 MW photovoltaic project in the town of Kathu in the Northern Cape, which was the first large utility scale project ever built in Africa, and still now (2015-Q2) the largest photovoltaic solar farm on the continent. This project is part of the first round incentive program. The € 280m implementation and financing agreements were signed in November 2012 with the South African Department of Energy and the lender Rand Merchant Bank. For this project, Building Energy worked as EPC and successfully completed the construction activities and commissioning in a year and a half (from January 2013 to August 2014). Today the company operates the solar farm and will manage it for a 20-year period. In October 2017, "Tororo Solar North Limited', a special purpose vehicle company whose majority shareholder is Building Energy SpA, was commissioned the development of the

Tororo Solar Power Station Tororo Solar Power Station, also Tororo Solar North Power Station, is a solar power plant in Uganda, the third-largest economy in the East African Community. Location The power station is located in Tororo District, approximately , by road, so ...

a 10 MW photovoltaic power station which will be constructed in the district of Tororo, Uganda. The cost of development is estimated to be around US$19.6mln.

Europe

The pipeline of Building Energy in Europe consists of 18 hydroelectric and biomass projects under the development phase by the subsidiaries in Serbia and Croatia. Building Energy Balkan is working in Serbia to develop five hydroelectric plants, for a total power of 5 MWp, and 3 biomass plants with an electrical power of 4MW and a thermal power of 20 MW each. Building Energy Croatia took over the development of 10 biomass plants, composed of 5 plants of 5 MW and 5 plants of 2 MW each.

Italy

In Italy, Building Energy has developed and built 15 photovoltaic projects, ground mounted and rooftops, with a total capacity of about 150 MW. The projects are mostly located in the provinces of

Lazio it, Laziale , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 = , demographics1_footnotes = , demographics1_title1 = , demographics1_info1 = , demographics1_title2 ...

Lombardy Lombardy ( it, Lombardia, Lombard language, Lombard: ''Lombardia'' or ''Lumbardia' '') is an administrative regions of Italy, region of Italy that covers ; it is located in the northern-central part of the country and has a population of about 10 ...

Emilia Romagna egl, Emigliàn (man) egl, Emiglièna (woman) rgn, Rumagnòl (man) rgn, Rumagnòla (woman) it, Emiliano (man) it, Emiliana (woman) or it, Romagnolo (man) it, Romagnola (woman) , population_note = , population_blank1_title ...

Marche Marche ( , ) is one of the twenty regions of Italy. In English, the region is sometimes referred to as The Marches ( ). The region is located in the central area of the country, bordered by Emilia-Romagna and the republic of San Marino to the ...

and in minor quantity in

Sardinia Sardinia ( ; it, Sardegna, label=Italian, Corsican and Tabarchino ; sc, Sardigna , sdc, Sardhigna; french: Sardaigne; sdn, Saldigna; ca, Sardenya, label=Algherese and Catalan) is the second-largest island in the Mediterranean Sea, after ...

and

Sicily (man) it, Siciliana (woman) , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 = Ethnicity , demographics1_footnotes = , demographi ...

. The projects are monitored and managed by the Milan office.

United States and the Americas

Building Energy is present in the United States with an office located in Washington, DC. In May 2013, the company signed a collaboration agreement with ABM, a NYSE-listed facility company. Building Energy designed and built a 1.2 MW photovoltaic plant in

Baltimore, MD Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

, one of the larger projects in the metropolitan area. The solar farm is connected to the Washington Gas Energy utility and produces 1.5 million KWh per year, serving both the local community, and the health care and assistance centres of the Glen Meadows Retirement Company. Building Energy, in partnership with ABM, designed and built the 2MW photovoltaic farm at the

Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach an ...

, which was connected to the NYSEG utility in September 2014. All the energy produced by the solar plant is sold to the Cornell University, which owns the land where the facility was built. In July 2017, regulators gave final approval for a solar energy park to be built in Anne Arundel County. Once the park is completed, it will be owned and operated by Building Energy.

Middle East and North Africa

Building Energy is present in the Middle East with an office in

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

, from where they also manage and coordinate the projects in North Africa. In Egypt, Building Energy is the lead member of a consortium which has been shortlisted for the development of a 20 MW photovoltaic project, to be built in

Kom Ombo Kom Ombo (Egyptian Arabic: ; Coptic: ; Ancient Greek: or ; or Latin: and is an agricultural town in Egypt famous for the Temple of Kom Ombo. It was originally an Egyptian city called Nubt, meaning City of Gold (not to be confused with the ...

. In Jordan, the company has been selected to develop a 50 MW solar project in the north of the country, which is part of the second round of the renewable energy incentive program.

External links

Company website
Italian companies established in 2010 Companies based in Milan