Vietnam Wants More Generation Capacity, Less Reliance on Coal

Credit to Author: Darrell Proctor| Date: Tue, 01 Sep 2020 04:52:54 +0000

The post Vietnam Wants More Generation Capacity, Less Reliance on Coal appeared first on POWER Magazine.

Vietnamese officials earlier this year said they want the country to more than double its power generation capacity by 2030, to as much as 130 GW from the current capacity of about 55 GW. The Communist Party

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Intuit Hits 100% Renewable Electricity Goal 10 Years Early

Credit to Author: Zachary Shahan| Date: Fri, 12 Jun 2020 03:16:09 +0000

The 419 MW Mesquite Star wind farm was just completed in Fisher County, Texas, and is now providing electricity for Ecolab, Lowe’s, Intuit, and Brown University. In the case of Intuit (which you may have used to do your taxes this year), the company has now reached its 100% renewable electricity goal. As the headline notes, it has reached that goal 10 years earlier than it had committed

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Siemens Details Spinoff of Energy Business

Credit to Author: Darrell Proctor| Date: Tue, 26 May 2020 16:36:09 +0000

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Siemens-gearless-drive-overland-conveyor

The parent of Siemens Energy on May 26 provided details of the planned spinoff of the company’s energy business, saying 55% of Siemens Energy will be spun off to Siemens’ shareholders. The company said Siemens shareholders would automatically receive one share of Siemens Energy AG for every two shares they own of the parent, Siemens […]

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COVID-19 Weighs on Siemens Gamesa Earnings

Credit to Author: Darrell Proctor| Date: Wed, 06 May 2020 15:25:33 +0000

The post COVID-19 Weighs on Siemens Gamesa Earnings appeared first on POWER Magazine.

Siemens Gamesa Renewable Energy (SGRE) on May 6 said delays to its renewable energy projects, in part due to supply chain disruptions from the coronavirus pandemic, will continue to negatively impact the company’s earnings this year. The company reported its fiscal second-quarter earnings on Wednesday and said the COVID-19 outbreak “had a direct negative impact […]

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POWER Digest [March 2020]

Credit to Author: POWER| Date: Mon, 02 Mar 2020 05:00:00 +0000

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Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)

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POWER Digest [January 2020]

Credit to Author: POWER| Date: Thu, 02 Jan 2020 05:00:00 +0000

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Engie Will Close 1 GW of Coal Generation; Adding Solar, Wind. French energy group Engie in mid-December said it will close 1 GW of coal-fired power generation assets in Peru and Chile over the next five years

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UK Economy-Wide Coalition Urges Government To Support Onshore Wind

Credit to Author: Joshua S Hill| Date: Tue, 20 Aug 2019 16:45:28 +0000

An economy-wide coalition of UK companies and organisations has called on the country’s new Energy Minister, Kwasi Kwarteng, to support the development of new onshore wind farms in an effort to extricate the technology from its current persona non grata status so as to further boost the country’s efforts to reach net-zero emissions by 2050. 

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Volcanic Rock Offers New Take on Energy Storage

Credit to Author: POWER| Date: Thu, 01 Aug 2019 00:00:00 +0000

Siemens Gamesa Renewable Energy (SGRE), known for its wind turbines used in both large onshore and offshore projects, in June began operation of an electric thermal energy storage (ETES) system in Germany

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