Siemens Gamesa Receives 342 MW Turbine Order in Germany Updated On Mon, Apr 6th, 2020 by Saurenergy Siemens Gamesa has received a firm order from innogy SE to supply turbines for the 342 MW Kaskasi offshore wind power plant in the German North Sea Siemens Gamesa Renewable Energy (SGRE) has received a firm order from innogy SE to supply the offshore wind turbines for the 342 MW Kaskasi offshore wind power plant […] Read more
Nordex Group Reports Order Intake of 1.6 GW in Q1 2020 Updated On Mon, Apr 6th, 2020 by Saurenergy The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […] Read more
Innogy & Asia Cement to Develop 448 MW Offshore Wind Farm in Taiwan Updated On Mon, Apr 6th, 2020 by Saurenergy innogy has partnered with the Asia Cement Corporation to continue the development of the 448 MW Chu Feng offshore wind project off the coast of Taiwan. innogy, one of Europe’s leading energy companies, has partnered with the Asia Cement Corporation to continue the development of a major offshore wind project off the coast of Taiwan. […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
MNRE Asks States to not Halt Payments for RE Generators Updated On Fri, Apr 3rd, 2020 by Saurenergy MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […] Read more
Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
Suzlon Survives, With Debt Recast From Bankers Updated On Wed, Apr 1st, 2020 by Saurenergy Troubled Wind Energy manufacturer Suzlon has informed the stock exchanges about a debt recast approved by its lending consortium, led by the State Bank of India. The total amount involved has been reported to be close to Rs 14,000 crores. The firm has been in financial trouble for quite some time, a situation that has […] Read more
Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac Updated On Tue, Mar 31st, 2020 by Saurenergy Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
