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.
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.
GE Renewable Energy has announced that it was selected by DIF Capital Partners to provide a 10-year full-service agreement (FSA) for the 183MW Idaho Win Partners wind farms near Twin Fall, Idaho, USA.
GE has signed a contract with Phuong Mai Wind Power JSC, a Special Purpose Vehicle entity jointly invested by Truong Thanh Development and Construction Investment Joint Stock Company (DECONNIN) and Hanoi Construction – Industrial Investment (HANOINCO) to provide 11 2.4MW-116 turbines and technical advisory service for Phuong Mai 1 wind farm.
Siemens Gamesa has secured its third deal in Sweden for its 5.X next generation platform.
Denmark’s Vestas has suspended production at its two Spanish wind turbine plants, adding that its service and maintenance business was still working.
Siemens Gamesa Renewable Energy (SGRE) has been contracted to supply 25 SG 4.5-145 wind turbines for the Hoa Thang 1.2 wind farm in Vietnam.
Total Quadran, a subsidiary of Total, has announced that it has acquired 100 per cent of Global Wind Power France, with a 1250MW portfolio of onshore wind projects.
GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3MW for the 70MW Guney wind farm in Turkey.
Uzbekistan has signed more than $2 billion worth of strategic agreements with Saudi developer ACWA Power to boost electricity generation and develop technical expertise, according to an announcement by the Uzbekistan Energy Ministry.