Siemen’s Gamesa Pushes for Profitability, Closes 2 Plants in Spain Updated On Thu, Jan 14th, 2021 by Saurenergy Siemens Gamesa, the Spanish-German wind turbine manufacturer that is among the global top 3 in the sector, has shuttered two of its plants in Spain following lack of orders from the Spanish market for the blades it manufactures at these plants. The closures, which will lead to the loss of 266 jobs, have followed months […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
VSL Awarded Contract for Hybrid Tampen Floating Wind Farm Updated On Fri, Jan 8th, 2021 by Saurenergy Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […] Read more
Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio Updated On Tue, Jan 5th, 2021 by Saurenergy Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than […] Read more
As Brexit Arrives, Energy Trading In Focus between UK and EU Updated On Wed, Dec 30th, 2020 by Saurenergy Future arrangements between the UK and EU energy markets should maximize the benefits of interconnection with the bloc’s countries, according to RenewableUK, formerly, the British Wind Power Association. Under the Brexit agreement, the UK and the EU have agreed to a framework for future electricity trading. The new model includes guarantees for open and fair […] Read more
RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm Updated On Wed, Dec 23rd, 2020 by Saurenergy RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million Updated On Fri, Dec 18th, 2020 by Saurenergy The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
