Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again Updated On Mon, Jul 3rd, 2023 by Saurenergy Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
World Energy Council Elects New Chairperson, Other Officers Updated On Fri, Oct 14th, 2022 by Saurenergy The World Energy Council has announced that the body has elected Dr. Michael Howard as the new Chair of its Officers’ Council (Board of Directors) and the new Chairperson is succeeding Jean-Marie Dauger whose term concluded after serving in the role since September 2019. The World Energy Council as a global forum actively contributes the […] Read more
Sembcorp Bags 180MW Wind Power Project in Karnataka from SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries’ wholly owned subsidiary in India has been formally awarded a 180-megawatt (MW) wind power project in the 11th nationwide wind power auction held recently. The letter of award from Solar Energy Corporation of India (SECI) for the project has been received by Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The project […] Read more
Sembcorp Raises S$675 M Sustainability-linked Bond, IFC Gives S$150 M Updated On Thu, Sep 30th, 2021 by Saurenergy Sustainable solutions provider Sembcorp Industries has launched a sustainability-linked bond (SLB) in Singapore, raising S$675 million for Pan-Asian energy, marking its latest phase in the transition to a net-zero future. Sembcorp received an investment of S$150 million from IFC, a member of the World Bank Group that is the largest global development institution focused on the […] Read more
Sembcorp to Quadruple RE Capacity by 2025 & Deliver Net-zero by 2030 Updated On Fri, May 28th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries, a leading energy and urban solutions provider, yesterday announced its strategic plan to transform its portfolio from brown to green, including increasing its renewable energy capacity – by almost four times- to 10 GW by 2025 from 2.6 GW in 2020. To support the global energy transition and sustainable development, Sembcorp aims to […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
Sembcorp Dedicates 800 MW of Wind Projects In India With MNRE Minister Updated On Wed, Jul 29th, 2020 by Saurenergy At a special virtual event, Sembcorp Energy India Limited with its key management personnel, as well as the Union Minister for Power and MNRE, R.K. Singh present, dedicated 800MW of Wind Energy projects from SECI’s tranche 1 to 3 to the nation. with this, Sembcorp became the first independent power producer to complete its projects […] Read more
Sembcorp, PUB Ink 25-Yr PPA to Build Largest Floating Solar Plant in S’pore Updated On Wed, May 13th, 2020 by Saurenergy With an aim to support Singapore’s 2 GWp target of installed solar capacity by 2030, Sembcorp Industries has entered into a 25-year power purchase agreement (PPA) with PUB, Singapore’s National Water Agency, to develop the country’s largest floating solar plant. As per the deal, Sembcorp through its arm Sembcorp Floating Solar Singapore will develop a 60 […] Read more
