Clearway Completes 1.4 GW of Turbine Agreements With Siemens Gamesa Updated On Wed, Jun 19th, 2019 by Saurenergy Clearway has signed agreements for Siemens Gamesa Renewable Energy to supply over 1,400 MW of wind turbines over the last nine months. San Francisco-based clean energy group, Clearway Energy has announced that it has signed agreements for Siemens Gamesa Renewable Energy to supply Clearway over 1,400 MW of wind energy turbines over the last nine […] Read more
Investors Paid the Price For GE Misjudging the Potential of Renewables Updated On Fri, Jun 7th, 2019 by Saurenergy Investors in GE lost billions due to the company misjudging the pace of the global energy transition towards renewable energy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The […] 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
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy Updated On Mon, Apr 22nd, 2019 by Saurenergy The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing. Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility. The DIP facility has received Board […] Read more
responsAbility Partners with Pune-Based Electronica to Expand Green Lending Facility Updated On Thu, Apr 18th, 2019 by Saurenergy Through this green bond issuance, EFL plans to diversify its product offering and to expand into financing solar PV for the commercial and industrial markets. Swiss impact investment institute, responsAbility has partnered with Pune-based non-banking finance company Eletronica Finance (EFL) to issue green Masala Bonds for expanding EFL’s energy efficient machinery lending portfolio for small […] Read more
Siemens Gamesa Signs First Full-Scope Multi-brand Service Contract in Europe Updated On Mon, Apr 8th, 2019 by Saurenergy SGRE’s Service business maintains nearly 56,700 MW (onshore and offshore) in 62 countries. Siemens Gamesa Renewable Energy (SGRE) has secured its first full-scope contract for the service of turbines supplied by other Original Equipment Manufacturers (oOEM) in Poland with Polenergia. Starting in April 2019, SGRE will provide service and maintenance for the 34MW Lukaszow and […] Read more
ARENA Finances Project to Examine Viability of Using RE in Metal Production Updated On Wed, Mar 27th, 2019 by Saurenergy ARENA is funding Element 25’s project to examine the viability of producing metals using renewable energy sourced from wind and solar farms. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government has granted $490,000 in funding to mining and metals company Element 25 Limited (E25) to examine the viability of using renewable […] Read more
India Leaps 2 Places to Surpass China in WEF Clean Energy Index Updated On Tue, Mar 26th, 2019 by Saurenergy India has moved up two places to rank 76th on a global energy transition index, which ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. In the clean energy race, Sweden remains on the top on this annual list compiled by Geneva-based World Economic […] Read more
