Vestas to Supply Turbines For Fortum’s First Large-Scale Project in Finland Updated On Wed, May 22nd, 2019 by Saurenergy Turbine delivery is scheduled for the second quarter of 2020, while commissioning is planned at the latest in the first quarter of 2021. Vestas has secured an order from Nordic clean energy company Fortum, for the 90 MW wind project Kalax in the province of Närpio in Western Finland, the first large-scale wind energy project […] Read more
Canadian Solar Secures $50Mn Loan For International Project Pipeline Updated On Fri, May 17th, 2019 by Saurenergy Canadian Solar, one of the world’s largest solar power companies, recently announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch. The company issued in a statement that it intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes. The U.S. dollar-denominated term loan […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
Europe’s Solar Resurgence is on the Horizon: Report Updated On Tue, Apr 30th, 2019 by Saurenergy A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […] Read more
Canadian Solar Secures $48 Mn Credit Facility For Development of Solar Projects in Japan Updated On Tue, Apr 30th, 2019 by Saurenergy The Company intends to utilise the facility to develop more high-quality solar power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
Duke Energy Completes Acquisition of 150 MW Solar Project From Clearway Energy Group Updated On Tue, Apr 23rd, 2019 by Saurenergy The project becomes the companies sixth solar generation facility in Kern County. Duke Energy Renewable, a wholly-owned subsidiary of North Carolina based power holding company Duke Energy has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, California from Clearway Energy Group. The project becomes the companies sixth solar generation facility in Kern […] Read more
Duke Energy Contracts 14 Solar Projects Worth 602 MW in North Carolina Updated On Thu, Apr 18th, 2019 by Saurenergy Duke Energy will produce or purchase a total of 602 MW of renewable energy from projects under the North Carolina’s Competitive Procurement of Renewable Energy (CPRE) program. Bringing more cost-effective solar energy to the Carolinas, 14 utility-scale projects have been selected during an independently judged bidding process – part of a 2017 comprehensive renewable energy […] Read more
EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project Updated On Fri, Apr 12th, 2019 by Saurenergy Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […] Read more
