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
NRG Systems and ZX Lidars Seal New Partnership Updated On Wed, Mar 20th, 2019 by Saurenergy With the Wind Energy market getting a second wind on the back of offshore sites and wider markets opening up in Asia and South America, consolidation and partnerships are starting up in the sector. NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has announced […] Read more
Vestas and Utopus Insights to Pilot Energy Forecasting Solutions For RE Plants in Australia Updated On Mon, Mar 18th, 2019 by Saurenergy The pilot program will aim to improve the energy system stability and increasing the potential revenue generation for customers. With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting […] Read more
