Source Galileo JV Sets Sights on 5 GW Renewable Energy Development Updated On Thu, Nov 10th, 2022 by Saurenergy Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Siemens Energy Announces €4 Billion Tender Offer For Siemens Gamesa Updated On Wed, Nov 9th, 2022 by Saurenergy Spanish stock market regulator CNMV (Comisión Nacional del Mercado de Valores) has announced that it has authorised the EUR 4.05 billion ($4 billion) bid of Siemens Energy for the purchase of the shares in Siemens Gamesa which is a registered entity in Spain. A third of the shares in Siemens Gamesa is not owned by […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Procurement Engineering Professional Updated On Fri, Oct 21st, 2022 by Saurenergy Integrates Procurement in the project management process (PM@Siemens) and organizes, controls and monitors all Procurement activities in a project. Participates in project/sales meetings as project core team member to exert a shaping influence at an early stage and to optimize internal workflows and processes. Establishes proper sourcing and Procurement processes and controls all Procurement resources […] Read more
Danish Firm Vestas Gets Twin Orders for Turbine Supply of 148 MW Updated On Tue, Oct 4th, 2022 by Saurenergy Denmark-based Vestas Wind Systems A/S has announced that it has received turbine supply orders for 148 MW of wind projects in Finland and Lithuania. The Lithuania order will also include engineering, procurement and construction (EPC) services. Both the orders to Vestas are for 74-MW each. Vestas did not specify the names of its clients in […] Read more
Italy’s Energy Dome, Denmark’s Ørsted Partner Up for Energy Storage Facilities Updated On Tue, Sep 27th, 2022 by Saurenergy Italy-based energy storage solution provider Energy Dome has revealed that it has signed a memorandum of understanding (MoU) with Denmark’s Ørsted, which is a global leader in offshore wind. This cooperation is to run a feasibility study on the deployment of a 20 MW / 200 MWh energy storage facility employing Energy Dome’s CO2 battery […] Read more
EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
Ex-Orsted Executive Launches Renewable Energy Platform with US$100M Updated On Sat, Sep 17th, 2022 by Saurenergy Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […] Read more