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
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
E.ON To Switch On Renewable Energy for 3 Mn UK Customers Updated On Wed, Jul 10th, 2019 by Saurenergy German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […] Read more
Shell Installs UK’s First 150kW EV Charger Updated On Mon, Jul 8th, 2019 by Saurenergy Shell is claiming to have the UK’s first 150kW EV charger on a forecourt, available for use at Shell’s Battersea Service Station in London. Royal Dutch Shell is claiming to have the UK’s first 150kW electric vehicle (EV) charger on a forecourt. The new charger is a part of Shell Recharge, Shell’s on-forecourt Electric Vehicle […] Read more
ABB to Provide Charging Infrastructure for Public E-Buses in Singapore Updated On Mon, Jul 8th, 2019 by Saurenergy ABB has won contracts to provide charging infrastructure for 40 single-deck E-Buses that will hit the roads of Singapore in early 2020. ABB has won contracts to provide electric bus charging infrastructure to charge 40 single-deck electric buses (E-Buses) that will hit the roads of Singapore in early 2020. The orders were received from BYD Singapore and ST […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
