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Siemens Gamesa performance impacted by pandemic, but with long-term growth of wind energy

  • 4 years ago (2020-05-08)
  • David Flin

Siemens Gamesa Renewable Energy’s (SGRE) performance in the second quarter of FY2020 (January to March) reflected the unexpected effect of the COVID-19 pandemic on operations and commercial activity, with a direct impact of €56 million on the company’s profitability.

Neoen to build Australia’s largest solar farm

  • 4 years ago (2020-05-07)
  • David Flin

French renewables developer Neoen will build a 400MW solar farm in the Western Downs region of Queensland, Australia after securing a contract to sell most of the power to the state government-owned renewable energy generator CleanCo.

Renewables unaffected as thermal generation plummets in lockdown in India

  • 4 years ago (2020-05-06)
  • David Flin

According to analysis by India Ratings and Research, the power demand in India declined for March and April amid the Covid-19 lockdown.

Dominion Energy targets 24GW of renewables and storage

  • 4 years ago (2020-05-05)
  • David Flin

The US utility Dominion Energy is planning a major shift towards renewable energy and batteries as it looks to comply with Virginia’s new clean energy law.

MHPS J-series gas turbine fleet achieves one million commercial operating hours

  • 4 years ago (2020-05-04)
  • David Flin

Mitsubishi Hitachi Power Systems’ (MHPS) J-Series gas turbine installed fleet has achieved one million hours of commercial operation.

DEWA signs PPA for fifth phase of Dubai solar park

  • 4 years ago (2020-05-01)
  • David Flin

Dubai Electricity and Water Authority (DEWA) has signed a PPA for the 900MW fifth phase of Mohammed bin Rashid Al Maktoum solar park.

Abu Dhabi launches commercial bid for world’s largest solar power plant project

  • 4 years ago (2020-04-30)
  • David Flin

Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower), has delivered a read-out of five consortia’s technical and commercial bids for a 2GW Solar PV IPP project.

Britain sets new record for coal-free power generation

  • 4 years ago (2020-04-29)
  • David Flin

As a result of the coronavirus lockdown, energy use in the UK has fallen by around 20 per cent. This had led to a new record being set for how long the country has gone without using any energy produced from coal.

Coronavirus impacts wind power jobs and profits

  • 4 years ago (2020-04-28)
  • David Flin

Joe Kaeser, CEO of Siemens, said in early April that the company would not cut jobs due to the pandemic. However, the company is experiencing financial impact as a result of the lockdowns imposed because of the coronavirus.

ADB approves $100 million loan to develop battery energy storage system in Mongolia

  • 4 years ago (2020-04-27)
  • David Flin

The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).