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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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Significant Uncertainty Over Growth of Wind Energy in Europe: Report

There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […]

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Securing Affordable, Clean Energy a Top Agenda for India: Petroleum Minister

Dharmendra Pradhan has said that securing affordable and clean energy tops agenda of “vulnerable” importing nations like India, amid Saudi Oil attacks With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan has highlighted that securing affordable and clean energy tops agenda of “vulnerable” importing nations […]

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Corporate Renewable Purchases Key to Meeting Europe’s RE Target

Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […]

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GE Renewable Energy Plans to Become Carbon Neutral in 2020

GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […]

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Wind Power Capacity in Eastern Europe & Russia Increased by 17% QoQ

According to a new report, there was a 17 percent wind power capacity increase Quarter over Quarter (QoQ) in Eastern Europe and Russia. According to a new report, an auction-triggered awakening in Poland and a growing confidence in developers’ ability to comply with local content requirements in Russia led to a 17 percent wind power […]

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Nissan Partners With EDF to Accelerate EV Adoption Across Europe

Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of e-mobility together, particularly through the smart charging of EV Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together – particularly through the smart charging of electric vehicles (EV). This agreement applies to the United Kingdom, […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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