World’s 1st Offshore Farm to use 9.5 MW Turbines Comes Online Updated On Fri, May 15th, 2020 by Saurenergy The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business Updated On Fri, May 8th, 2020 by Saurenergy Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […] Read more
SINN Power Builds World’s 1st Floating Ocean Hybrid Platform Updated On Thu, Apr 30th, 2020 by Saurenergy With an aim to further expand footprints, Germany based SINN Power has invited solar panel manufacturers to demonstrate and test their photovoltaic (PV) modules on a floating platform in Iraklio, Greece. The company’s motive behind the move is to internationalise its ocean hybrid platform as a complete off-grid energy solution to provide renewable energy to […] Read more
France Aiming for 1/3rd Renewable Energy Mix by 2030 Updated On Mon, Apr 27th, 2020 by Saurenergy France has recently submitted its final 2030 NECP to the EC, with an aim for 1/3rd renewable energy in its energy mix by 2030. France has recently submitted its final 2030 National Energy and Climate Plan (NECP) to the European Commission. The country will aim for 33 percent or 1/3rd renewable energy in its energy […] Read more
Geronimo and Cargill Announce VPPA for 200 MW Solar Project Updated On Thu, Apr 23rd, 2020 by Saurenergy Geronimo Energy and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the 200 MW Prairie Wolf Solar Project in Illinois. Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Illinois. The contract marks the second renewable energy VPPA executed […] Read more
EDPR Secures PPA for its 200 MW Solar Power Project Updated On Fri, Apr 17th, 2020 by Saurenergy EDPR has announced that it has secured a 15-year PPA with Ammper to sell the energy produced by the 200 MW Los Cuervos solar PV project. EDP Renováveis (EDPR) has announced that it has secured a Power Purchase Agreement (PPA) with Ammper, a leading supplier of energy services, to sell the energy produced by the […] Read more
Technology-led Solns Help Turbine Makers Tap Addl Revenue Opportunities: Report Updated On Mon, Apr 13th, 2020 by Saurenergy The new onshore wind energy installation capacity rose by 17 percent to touch 54.2 GW in 2019, as against previous year, mainly on account of decline in wind turbines’ overall costs, as well as ambitious both national & regional level renewable energy targets, says the business consulting firm. As per Frost & Sullivan, the global […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
