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Fiscal Year 2019 October-June results Siemens Gamesa doubled net income to €88 million in the first nine months, with sound commercial activity driving the backlog to more than €25 billion •    Revenue increased by 12% YoY in the first nine months of fiscal year 2019, to €7,283 million. EBIT margin…

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The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including the Greensmith GEMS advanced software platform and GridSolv, will be used for grid support purposes. The order…

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New York has awarded 1.7 GW of offshore wind capacity to two separate projects led by Denmark’s Orsted and Norway’s Equinor. The New York State Energy Research and Development Authority (NYSERDA) selected the 880 MW Sunrise Wind project, a 50-50 partnership between Orsted and New England energy supplier Eversource, and Equinor’s 816…

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London, 22 July 2019: Cubico Sustainable Investments (Cubico), a global investor in renewable energy backed by two of Canada’s largest pension funds, has achieved financial close on the refinancing of 14 solar PV assets in Italy. The 27.4 MW Solis portfolio was mostly acquired from funds managed and/or advised by…

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