EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Vestas Bags Orders Worth 160 MW in Mexico and China Updated On Fri, Feb 21st, 2020 by Saurenergy Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […] Read more
NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA Updated On Fri, Feb 21st, 2020 by Saurenergy NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […] Read more
EDF North America Installs Clean Energy Microgrid at its HQ Updated On Thu, Feb 20th, 2020 by Saurenergy EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid that is located at the company’s headquarters in San Diego. EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid. The system is comprised of a 209 kWp solar carport, 182 kWp solar rooftop, 280 kW (538 […] Read more
Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF Updated On Thu, Feb 20th, 2020 by Saurenergy The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […] Read more
BHEL Bags TERI’s Battery Energy Storage Tender for Rs 2.51 Crore Updated On Thu, Feb 20th, 2020 by Saurenergy BHEL has emerged as the best supplier in a tender recently floated by TERI for the installation and maintenance of battery energy storage systems (BESS). Bharat Heavy Electricals Limited (BHEL) has emerged as the best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation […] Read more
Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share Updated On Wed, Feb 19th, 2020 by Saurenergy Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
Shell Signs Power Offtake Deal for 100 MW Storage System in England Updated On Tue, Feb 18th, 2020 by Saurenergy Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […] Read more