Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid Updated On Wed, May 1st, 2019 by Saurenergy Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […] Read more
Denmark Identifies Areas for 12.4 GW of New Offshore Wind Updated On Tue, Apr 30th, 2019 by Saurenergy A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […] Read more
Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report Updated On Tue, Apr 30th, 2019 by Saurenergy The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […] Read more
India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […] Read more
Suzlon Retains Top Position Among Wind Equipment Manufacturers in India Updated On Mon, Apr 29th, 2019 by Saurenergy Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […] Read more
Fortum’s Q1 Profits Hurt by Lower Hydro Volumes Updated On Sat, Apr 27th, 2019 by Saurenergy Finland’s utility Fortum reported its operating profit grew merely by 1 percent to EUR 408 million during the January-March quarter of 2019, on the back of positive effect of improved prices offset by lower hydro volumes. The company has reported an operating profit of EUR 405 million during the same quarter last year. Commenting on […] Read more
Interview with Pawan Pandey, Director | Radite Group Updated On Sat, Apr 27th, 2019 by Saurenergy Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […] Read more
US Wind Pipeline Grew by 6.14 GW in the Q1 2019: Report Updated On Sat, Apr 27th, 2019 by Saurenergy A burst of new wind farm announcements in the first quarter of 2019 propelled the total volume of U.S. wind power construction and development activity to a record level according to the newly released U.S. Wind Industry First Quarter 2019 Market Report. The American Wind Energy Association’s (AWEA) report reveals that U.S. project developers announced new wind […] Read more
Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd Updated On Fri, Apr 26th, 2019 by Saurenergy We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director […] Read more
