GE Renewable Energy Bags 132.5 MW Turbine Order in Brazil Updated On Thu, Oct 10th, 2019 by Saurenergy GE Renewable Energy has announced that it has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform (the company’s largest onshore wind turbine) is also its first contract with EDF Renewables in the country. GE will be responsible for the production and delivery of 25 turbines, which will […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019 Updated On Sat, Sep 21st, 2019 by Saurenergy After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
Senvion Enters Final Stages of M&A Process Updated On Fri, Aug 30th, 2019 by Saurenergy Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […] Read more
Siemens to Develop Transmission Link Between Great Britain & Denmark Updated On Wed, Aug 28th, 2019 by Saurenergy Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […] Read more
India, Bahrain Agree to Collaborate in Solar Energy Sector Updated On Mon, Aug 26th, 2019 by Saurenergy India and Bahrain have agreed to collaborate in the solar energy sector after comprehensive talks were held to give a major boost to bilateral relations. India and Bahrain on August 24, 2019, agreed to collaborate in the solar energy sector as Prime Minister Narendra Modi held comprehensive talks with his Bahraini counterpart Prince Khalifa Bin Salman Al Khalifa to give a major boost to the entire […] Read more
Cost of Renewables in China to Match Coal Power by 2026: Report Updated On Thu, Aug 22nd, 2019 by Saurenergy According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […] Read more
Renewables to Account for 30% of Total Installed Capacity in the US by 2030 Updated On Tue, Aug 20th, 2019 by Saurenergy According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […] Read more