Scatec Solar Posts Strong Financial Results for Q3 2019 Updated On Mon, Oct 21st, 2019 by Saurenergy Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […] Read more
Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile Updated On Fri, Oct 18th, 2019 by Saurenergy Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […] Read more
Wells Fargo Enters its Largest Solar Energy Deal Updated On Fri, Oct 18th, 2019 by Saurenergy Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […] Read more
Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030 Updated On Fri, Oct 18th, 2019 by Saurenergy The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […] Read more
Scatec Solar Commissions 390 MW Benban Project in Egypt Updated On Thu, Oct 17th, 2019 by Saurenergy Scatec Solar has grid-connected the last of the six 65 MW solar power plants in Egypt, marking the completion of the 390 MW Benban solar project in Egypt. Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban […] Read more
Winds of Change are Blowing in Africa: GWEC Updated On Wed, Oct 16th, 2019 by Saurenergy The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […] Read more
Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
Risen Energy Wins 150 MW Module Order in Malaysia Updated On Mon, Oct 14th, 2019 by Saurenergy Risen Energy has received an order to provide 150 MW of high-efficiency solar PV modules to power up a power station in Malaysia. Chinese solar panel maker Risen Energy has recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power station in Malaysia. The order for […] Read more
New Technologies – Opportunity for Indian Solar Manufacturers Updated On Mon, Oct 14th, 2019 by Saurenergy While more solar modules are being installed and the Indian photovoltaic market is growing noticeably, the vast majority of all solar modules, especially solar cells, are still imported from China. Other countries around the world also source their solar modules in China but there seems to be a shift in thinking. In view of the […] Read more
