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
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
Could Ørsted Come for Solar And Storage in India? Updated On Tue, Feb 4th, 2020 by Saurenergy Ørsted , formerly DONG ( Denmark Oil and Natural Gas) was a typical energy firm a decade back, primarily making its money from oil, coal, and natural gas. Now, it has been voted the world’s most sustainable firm. How did that happen? The accolade of the world’s most sustainable firm for Ørsted , while a […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
Joule Helping 25,000 New York Households to Save Electricity Costs With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State. The six towns that […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
EDPR Awarded Contract for 109 MW Wind Power in Italian Auction Updated On Thu, Jan 30th, 2020 by Saurenergy EDPR has been awarded a 20-year CfD at the Italian wind auction to sell power generated by a portfolio of three wind farms with a total capacity of 109 MW EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has […] Read more
