Land, Policies & Payment Delays a few Issues RE Developers Face in India Updated On Fri, Feb 7th, 2020 by Saurenergy Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […] Read more
RE Buyers Alliance Announces Top 10 US Large Energy Buyers in 2019 Updated On Fri, Feb 7th, 2020 by Saurenergy The Renewable Energy Buyers Alliance has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook. The Renewable Energy Buyers Alliance (REBA), has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook with the procurement of 1.546 gigawatts (GW). The REBA Deal Tracker showcases total procurement […] Read more
Americas Wind Installations Rise 12% in 2019 With 13.4 GW Updated On Fri, Feb 7th, 2020 by Saurenergy New data shows the Americas and the Caribbean installed 13.4 GW capacity of onshore wind power in 2019, an increase of 12 percent on the previous year The latest data released by the Global Wind Energy Council (GWEC) shows North, Central and South America and the Caribbean installed 13,427 MW (13.4 GW) capacity of onshore […] Read more
EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey Updated On Fri, Feb 7th, 2020 by Saurenergy EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […] Read more
Vestas Signs Turbine Supply Agreements for 160 MW in Finland Updated On Wed, Feb 5th, 2020 by Saurenergy Luxcara and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects worth 160 MW capacity in Finland. Luxcara, an independent asset manager in the global renewable energy market, and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects Välikangas, Pihtipudas and Sievi in Finland. […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn Updated On Wed, Feb 5th, 2020 by Saurenergy Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […] Read more
Over 7.5 GW of RE Capacity Commissioned up to December 2019: RK Singh Updated On Wed, Feb 5th, 2020 by Saurenergy RK Singh has informed that just over 7.5 GW of new renewable energy (RE) capacity has been commissioned in the financial year 19-20 up to December 2019. Union Minister for Power and New and Renewable Energy, RK Singh in response to a question raised in the Rajya Sabha has informed that just over 7.5 GW […] Read more
Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter Updated On Tue, Feb 4th, 2020 by Saurenergy Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […] Read more