Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn Updated On Mon, Oct 21st, 2019 by Saurenergy Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
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
EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea Updated On Sat, Oct 19th, 2019 by Saurenergy WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […] 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
STMicroelectronics Launches Next-Gen Payment System-on-Chip with Increased Performance and Protection Updated On Thu, Oct 17th, 2019 by Saurenergy STMicroelectronics has released the next generation of its STPay system-on-chip (SoC) payment solution, leveraging state-of-the-art technology to increase contactless performance and protection, reduce power demand, and significantly improve the user experience. The new STPay-Topaz family solution comes ready for embedding in smartcards, loaded with payment applications running on certified JavaCard platform, and meeting all required security and […] Read more
AfDB, CIF and CGC to Develop Green Financing Instruments for Africa Updated On Tue, Oct 15th, 2019 by Saurenergy AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […] Read more
Nordex Records Orders Worth 1.7 GW in Q3 2019 Updated On Tue, Oct 15th, 2019 by Saurenergy Nordex has received orders for 436 wind turbines with a total output of 1.7 GW for projects in 14 countries in the thrid quarter of 2019 The Nordex Group has announced that in the third quarter of 2019 its customers ordered 436 wind turbines with a total output of 1,700 megawatts (1.7 GW) for projects […] 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
