Ørsted to Fully Integrate Lincoln Clean Energy as Ørsted Onshore Updated On Thu, Nov 28th, 2019 by Saurenergy Ørsted has announced that a decision has been made to fully integrate Lincoln Clean Energy into Ørsted and to rebrand it as Ørsted Onshore. Since Ørsted’s acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned […] Read more
Vattenfall’s HKZ 1&2 Wind Farms to Feature SGRE’s 11 MW Turbines Updated On Thu, Nov 28th, 2019 by Saurenergy SGRE has announced that it will install its new 11 MW offshore wind turbines for Vattenfall’s entire HKZ wind zone Siemens Gamesa Renewable Energy (SGRE) and Vattenfall have announced that they have extended the Hollandse Kust Zuid (HKZ) turbine supply agreement to now cover the entire wind farm zone, making this the largest turbine collaboration […] Read more
EDF Begins Construction on 450 MW Offshore Wind Farm Updated On Thu, Nov 28th, 2019 by Saurenergy EDF Group has announced that it has begun construction work on the 450 MW NnG offshore wind farm in partnership with the Irish electricity company ESB EDF Group has announced that it has begun construction work on the Scottish Neart na Gaoithe (NnG) offshore wind farm project in partnership with the Irish electricity company ESB […] Read more
Energy Storage Contracts Down 34 Percent in Q3 2019 Updated On Thu, Nov 28th, 2019 by Saurenergy Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalData’s […] Read more
Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn Updated On Thu, Nov 28th, 2019 by Saurenergy Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […] Read more
EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain Updated On Thu, Nov 28th, 2019 by Saurenergy EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […] Read more
Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report Updated On Wed, Nov 27th, 2019 by Saurenergy A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […] Read more
MHI Vestas Selected for 257 MW Baltic Sea Offshore Wind Project Updated On Wed, Nov 27th, 2019 by Saurenergy MHI Vestas has been selected by Parkwind to supply 27 V174-9.5 MW turbines for the 257 MW Baltic Sea offshore wind project. In a signing ceremony in Copenhagen, MHI Vestas and Parkwind have signed a conditional agreement for the turbine supply for Arcadis Ost 1 offshore wind project in the German Baltic Sea. The signing […] Read more
Vestas Secures 118 MW Wind Turbine Order in Finland Updated On Tue, Nov 26th, 2019 by Saurenergy Vestas has received an order from EPV Energia for 21 turbines for the Paskoonharju II wind energy project in Finland. Vestas has received an order from EPV Energia, a Finish energy company for 21 V150-5.6 MW turbines for the Paskoonharju II wind energy project in the municipality of Teuva, Finland. To maximise energy production for […] Read more