Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020 Updated On Wed, Feb 5th, 2020 by Saurenergy Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […] Read more
Soltage and Basalt Enter Oregon Market With 40 MW Solar Portfolio Updated On Wed, Feb 5th, 2020 by Saurenergy Soltage and Basalt managed funds have announced their entrance into the Oregon power market with a 40 megawatt (MW) solar portfolio. Soltage, a leading independent power producer, and Basalt managed funds have announced their entrance into the Oregon power market with a 40 megawatt (MW) solar portfolio. The first 10 MW solar facility was energised in December 2019 and the remaining 30 MW capacity is […] 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
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
US DOE Announces $297 Mn for Sustainable Transportation Research Updated On Tue, Feb 4th, 2020 by Saurenergy The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies. The investment, split up between three, separate funding […] Read more
Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more
CIP to Fund Development of Canada’s Largest Solar Project Updated On Tue, Feb 4th, 2020 by Saurenergy Greengate and CIP have entered into an agreement to fund the further development of the Travers Solar project, the largest solar project (to date) in Canada. Greengate Power Corporation and the Copenhagen Infrastructure Partners (CIP) have announced that they have entered into an agreement with the intention to fund the further development and construction of […] Read more
