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
Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
