Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
Enel, Enertag and Leclanche Commission 22 MW Storage System in Germany Updated On Fri, May 24th, 2019 by Saurenergy The system, which involved a total investment of approximately 17 million euros, is supporting the stability of the German electricity network by providing frequency regulation services to the country’s Primary Control Reserve (PCR) market. Enel Green Power Germany (EGP Germany), Germany-based renewable energy company Enertag and Swiss energy storage solutions company Leclanché recently inaugurated the […] Read more
Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects Updated On Thu, May 23rd, 2019 by Saurenergy Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […] Read more
Siemens Gamesa Bags 232 MW Order From EDF Renewables Updated On Thu, May 23rd, 2019 by Saurenergy The project order also marks the 1 GW mark for the company’s SG 4.5-145 turbines sales worldwide. Siemens Gamesa Renewable Energy has been award an order by EDF Renewables to supply 30 SG 4.5-145 and 36 SG 2.7-129 wind turbines for the 232 MW Milligan wind project, located in Milligan County, Nebraska. “EDF Renewables is […] Read more
Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
Canadian Solar Secures $50Mn Loan For International Project Pipeline Updated On Fri, May 17th, 2019 by Saurenergy Canadian Solar, one of the world’s largest solar power companies, recently announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch. The company issued in a statement that it intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes. The U.S. dollar-denominated term loan […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
