4 December 2017 2017 10:40 AM GMT

Siemens Gamesa Strengthens Lead In India With New Order For 200 MW Wind Farm

Siemens Gamesa Renewable Energy (SGRE), the leading renewable energy player in India, has bolstered its position in this market having received a new order from Orange Renewable for the EPC construction of a 200-MW wind farm located in Poovani, in the state of Tamil Nadu. This wind farm project is being promoted by Singapore’s AT Holdings.

This is a major order for Siemens Gamesa as it comes on the heels of the temporary slowdown of the Indian market. The agreement encompasses the entire infrastructure needed to operate the wind farm project together with the supply of 100 of its G114-2.0 wind turbines with a hub height of 106 meters, specifically designed for the low-wind sites typical of India. The project is expected to be commissioned by February 2019.

The clean and affordable energy generated by this wind farm project will offset approximately 651,000 tCO2e and electrify around 155,000 households annually. The project will be connected to India’s interstate transmission grid, which will enable the flow of energy from a renewable-resource-rich state to other states, helping them to comply with their renewable energy purchase obligations and secure a long-term power supply at a fixed price.

“We are happy to announce this new deal with Orange Renewable, one of the fastest growing renewable IPPs in India. This order certainly boosts our confidence significantly as we gear up for the next phase of growth at Siemens Gamesa in India. With the G114-2.0 MW T-106 model, a turbine made for India, we expect to deliver better value for our client base through innovative tailor-made solutions”, said Ramesh Kymal, CEO of Siemens Gamesa’s onshore business in India.

“We are delighted to partner with Siemens Gamesa for our latest wind project, which takes our Siemens Gamesa fleet close to 500 MW and our overall renewable portfolio close to 1 GW. We are proud to have achieved this growth in a very short span while maintaining a high standard of commitment to advanced technology, environment, health and sustainability. Our decision was driven by our confidence in Siemens Gamesa as a global technology leader. We are committed to delivering optimal energy solutions to the country”, added Sudhir Nunes, Chief Executive Officer for Wind at Orange Renewable.

Present in the market since 2009, Siemens Gamesa has installed over 5 GW in India. The company has been the leading OEM in India for the last three years, according to MAKE Consultancy.

August 16th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

November 19th 2018
US: EIA Data Shows Renewables Outpacing Nuclear Power In Electrical Generation

The latest data from the U.S. Energy Information Administration (EIA) is showing that electrical generation by renewable sources has edged past nuclear power. Additionally, wind and solar now provide 10% of the nation’s electricity, overall; with solar alone surpassing biomass and geothermal combined. Significantly, solar now triples electrical generation by oil. In addition, the data reveals that solar and wind both showed strong growth with solar (i.e., utility-scale + distributed PV) expanding by 27.6% and wind by 11.2%. Combined, they accounted for nearly a tenth of the nation’s electrical generation.

August 14th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

August 12th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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