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
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
MNRE Opens Entries for ‘Akshay Urja Puraskar Yojana’ Updated On Tue, Feb 4th, 2020 by Saurenergy With an aim to promote book writing on the new and renewable energy sector in Hindi language, the Ministry of New and Renewable Energy (MNRE) has opened entries for its yearly financial reward scheme ‘Akshay Urja Puraskar Yojana’. The MNRE said in a notification that “it invites entries for the original books written/ translated in Hindi in […] 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
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
Ørsted Planning to Become Carbon Neutral by 2025 Updated On Mon, Feb 3rd, 2020 by Saurenergy Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […] Read more
SECI Extends EOI for Buying and Blending Conventional Power With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
India Sets Sight for 450 GW RE Capacity by 2030: President Kovind Updated On Fri, Jan 31st, 2020 by Saurenergy India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […] Read more
