SUBSCRIBE NEWS LETTER

middle east

Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report

2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […]

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Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027

The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […]

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Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project

Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Siemens Gamesa Signs First Full-Scope Multi-brand Service Contract in Europe

SGRE’s Service business maintains nearly 56,700 MW (onshore and offshore) in 62 countries. Siemens Gamesa Renewable Energy (SGRE) has secured its first full-scope contract for the service of turbines supplied by other Original Equipment Manufacturers (oOEM) in Poland with Polenergia. Starting in April 2019, SGRE will provide service and maintenance for the 34MW Lukaszow and […]

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More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC

GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […]

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Renewable Energy Now Accounts For a Third of Global Power Capacity: IRENA

The sector added 171 GW of generating capacity in 2018, with total renewable energy generation capacity reaching 2,351 GW at the end of the year. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency […]

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L&T Construction Bags Contracts worth Rs 2,500 Cr – Rs 5,000 Cr for PT&D Biz

Moreover, some other orders have also been won by the company for solar powered irrigation systems. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 2,500 crore to Rs 5,000 crore for its power transmission & distribution (PT&D) business in India and […]

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