Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Siemens Gamesa Calls off Annual Shareholder Meeting due to COVID-19 Updated On Fri, Mar 20th, 2020 by Saurenergy Siemens Gamesa has announced that it has decided to call off the General Shareholder’s Meeting, due to the outbreak of coronavirus (COVID-19). Siemens Gamesa Renewable Energy (SGRE) has announced that in its latest meeting, the Board of Directors of the Company has decided to call off the General Shareholder’s Meeting, which was scheduled to be […] Read more
Eversource, National Grid Propose Transmission Solutions for Greater Boston Updated On Mon, Mar 9th, 2020 by Saurenergy National Grid & Eversource have submitted proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability National Grid and Eversource have announced that they have submitted a range of proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability, increasing capacity for the flow of new clean energy resources, […] Read more
Public Tenders Added 80% of Current Renewable Capacity in Latin America, Caribbean Updated On Fri, Mar 6th, 2020 by Saurenergy A new report has found that over 80% of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders and auctions. On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for […] Read more
Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America Updated On Wed, Mar 4th, 2020 by Saurenergy Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […] 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
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
Engie Commissions 250 MW Solar Project in Andhra Pradesh Updated On Mon, Feb 17th, 2020 by Saurenergy Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh, with the remaining 50 MW capacity recently commissioned French electric utility firm Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh. The 200 MW phase was commissioned ahead of schedule in May […] Read more
Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter Updated On Tue, Feb 4th, 2020 by Saurenergy Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […] Read more