AC Energy and UPC Renewables begin construction works on the Balaoi and Caunayan wind farm in the Philippines. Philippines-based energy company AC Energy and its partner, UPC Renewables, have started construction works on the Balaoi and Caunayan wind farm.Built with a PHP11.4bn ($238m) investment, the 160MW wind farm is located in Pagudpud in the Philippines’ […]
AC Energy to Build Philippines’ Largest Wind Farm at Cost of $239 mln
AC Energy aims to complete the project in the last quarter of 2022 and put the wind farm, which will consist of 32 wind turbines supplied by Siemens Gamesa, into full commercial operation by 2023. AC Energy Corp, the power generation unit of Philippine conglomerate Ayala Corp, will build an 11.4 billion-peso ($239 million) wind […]
Siemens Gamesa wins its largest onshore wind farm order in Vietnam
Siemens Gamesa has secured its largest order to date in Vietnam for a 117 MW wind farm following a series of both onshore and nearshore projects announced in 2020. The latest addition of a 117 MW wind project in onshore reinforces Siemens Gamesa as one of the leading players in Vietnam’s fast-growing wind industry. Located […]
Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance
In the European Union, renewable hydrogen, which can replace fossil fuel in sectors that are struggling to decarbonise, is seen as a way to meet goals to reduce emissions FRANKFURT/DUESSELDORF: Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the […]
Siemens Gamesa Cuts 266 Jobs as Onshore Wind Restructuring Continues
Two wind turbine facilities in Spain to close as demand for smaller blades falls away. Wind turbine OEM Siemens Gamesa is cutting 266 jobs in Spain with the closure of two factories, it announced on Tuesday, with the falling appetite for smaller wind turbines cited as the chief cause. The facilities in Cuenca, in central […]
Siemens Gamesa fired India executive over lack of due diligence in consultancy dealings – documents
CHENNAI: Siemens Gamesa Renewable Energy’s India unit fired a top executive after an internal investigation found he failed to conduct appropriate due diligence when engaging a consultancy with political connections, court filings seen by Reuters showed. The unit’s former chief operating officer and chief financial officer, R. Venkatesh, disregarded corporate governance processes when dealing with […]
Vinci VR and Siemens Gamesa Win Grant to Develop Virtual Reality Training for U.S. Offshore Wind
The $100K+ Award comes as part of the Baker Administration’s efforts to expand offshore wind workforce training programs BOSTON: Vinci VR, in partnership with Siemens Gamesa Renewable Energy (SGRE), was awarded funding from the Massachusetts Clean Energy Center to develop Virtual Reality (VR) training simulations for the nascent offshore wind sector in Massachusetts and the […]
Already the World’s Leading Market, UK Doubles Support for Offshore Wind
U.K. expands renewable auctions, releases funds for the offshore wind supply chain and sets a new floating wind target. U.K. Prime Minister Boris Johnson has offered a huge boost to the country’s offshore wind sector as it looks to double-down on its status as the world’s leading market. The nation’s next round of contracts for […]
Spanish solar equipment firm Soltec plans 150 mln euro IPO
Soltec aims to raise 150 million euros ($177 million) to fund its expansion in the fast-growing solar energy market, it said in a statement, but did not say how much of the company would go public MADRID: Soltec, a Spanish manufacturer of equipment for solar power plants, said on Tuesday it plans a stock market […]
Siemens Gamesa adds new CFO and CEOs for business units
Siemens Gamesa Renewable Energy announced three key appointments to its leadership team as part of the strategy to revive the company. Siemens Gamesa appointed Beatriz Puente as chief financial officer. Siemens Gamesa appointed Lars Bondo Krogsgaard as CEO of the Onshore business unit. Siemens Gamesa appointed Juan Gutierrez as CEO of Service business unit. Andreas […]