Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
E.ON Announces 440 MW Wind Project in Texas Worth $500 MN Updated On Fri, Aug 16th, 2019 by Saurenergy E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […] Read more
Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
Nordex Installed 242 Wind Turbines in H1 2019, Expects Strong Second Half Updated On Wed, Aug 14th, 2019 by Saurenergy The Nordex Group has reportedly installed a total of 242 wind turbines in 13 countries with a combined output of 778.1 MW in the first half of the year. The Nordex Group has released its financial figures for the latest quarter and the first half of the current year. It has been reported that the […] Read more
RES and Algonquin to Jointly Develop 480 MW Wind Farm in Texas Updated On Wed, Aug 14th, 2019 by Saurenergy RES has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin RES (Renewable Energy Systems), one of the world’s largest independent renewable energy companies, has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin Power & Utilities Corp. Maverick Creek […] Read more
Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects Updated On Wed, Aug 14th, 2019 by Saurenergy Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […] Read more
