Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
E.ON Announces 440 MW Wind Project in Texas Worth $500 MN Updated On Fri, Aug 16th, 2019 by Saurenergy E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […] Read more
Solar Can Go Subsidy Free in China, Finds Study Updated On Wed, Aug 14th, 2019 by Saurenergy In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid. The paper was published in Nature Energy, a British peer reviewed […] Read more
RES and Algonquin to Jointly Develop 480 MW Wind Farm in Texas Updated On Wed, Aug 14th, 2019 by Saurenergy RES has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin RES (Renewable Energy Systems), one of the world’s largest independent renewable energy companies, has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin Power & Utilities Corp. Maverick Creek […] Read more
Vattenfall to Build Hybrid Wind-Solar-Storage Project in Netherlands Updated On Tue, Aug 13th, 2019 by Saurenergy Vattenfall will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. Swedish state-owned power company, Vattenfall has announced that it will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. The total capacity […] Read more
Japan’s GPIF and ADB Partner to Finance Green Projects Updated On Tue, Aug 13th, 2019 by Saurenergy ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […] Read more
Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm Updated On Tue, Aug 13th, 2019 by Saurenergy Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […] Read more
Central Railways’ Danapur Division to go Solar Updated On Mon, Aug 12th, 2019 by Saurenergy The East Central Railways’ Danapur division has reportedly taken a decision to switch completely from the conventional power to solar energy. The Indian Railways Danapur division has signed an agreement with a private company and is likely to install solar energy systems at all its main office buildings and railways stations by the end of […] Read more
