Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Bosch Signs 3 Long-Term Agreements to Procure Solar Power Updated On Thu, Aug 6th, 2020 by Saurenergy Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […] Read more
Siemens Gamesa Impacted by COVID, Reports Net Loss of €466 mn in Q3 Updated On Tue, Aug 4th, 2020 by Saurenergy Siemens Gamesa performance in Q3 of FY 2020 reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business Siemens Gamesa performance in the third quarter (Q3) of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown […] Read more
Hecate Energy Sells 514 MW Solar Plant to Tokyo Gas America Updated On Thu, Jul 30th, 2020 by Saurenergy Hecate Energy has announced the sale of its 514 MW ac Aktina Solar PV power plant located in Wharton County, Texas, to Tokyo Gas America Hecate Energy (Hecate), one of the largest privately-held independent solar power development companies in the US, has announced the sale of its 514 MW ac Aktina Solar PV power plant […] Read more
1st Floating Wind Farm in the World now Fully Operational Updated On Wed, Jul 29th, 2020 by Saurenergy WindFloat Atlantic is now fully operational, and with a total installed capacity of 25 MW it is the world’s first semi-submersible floating wind farm WindFloat Atlantic is now fully operational and supplying clean energy to Portugal’s electrical grid. Following the connection of the last of the three platforms to the 20 m export cable connecting […] Read more
MNRE Extends RE Research and Technology Development Programme Updated On Wed, Jul 29th, 2020 by Saurenergy MNRE has announced the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March 31, 2021 The Ministry of New and Renewable Energy (MNRE) has announced that its as received the sanction from the president of India for the continuation of its Renewable Energy (RE) Research and Technology Development Programme till March […] Read more
Siemens Gamesa Secures Turbine Orders Worth 180 MW in Chile Updated On Tue, Jul 28th, 2020 by Saurenergy Siemens Gamesa has received two orders in South America for the supply and installation of wind turbines at two sites of a wind energy cluster in Chile. Siemens Gamesa Renewable Energy has announced that it has received two orders in South America for the supply and installation of wind turbines at two sites of a […] Read more
Permitting Problems Still a Major Stumbling Block in NECPs: WindEurope Updated On Tue, Jul 28th, 2020 by Saurenergy 26 European countries have submitted their NECPs to the EU. And according to WindEurope the main hurdle remains the permitting problems 26 European countries have submitted their National Energy and Climate Plans (NECPs) to the EU. WindEurope has analysed what those plans entail for wind energy deployment in Europe. The main hurdle remains permitting – many NECPs […] Read more
Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA Updated On Fri, Jul 24th, 2020 by Saurenergy While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […] Read more
