Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTOctober 1 (Renewables Now) - Siemens Gamesa Renewable Energy SA (BME:SGRE) has received 410 MW worth of wind turbine orders from Pakistan during its fiscal year to end-September.
Of the total, orders for 260 MW were booked in the final quarter of the 2019/2020 fiscal year, the turbine maker said.
The machines will be distributed between eight wind farm projects. Two of the projects are already under construction, with commissioning set to take place in November 2020 and February 2021.
The eight projects represent 205 of turbines from the 2.X platform, which Siemens Gamesa will supply, install and commission in partnership with an engineering, procurement and construction (EPC) contractor.
By the end of 2021, all eight wind farms will be fully operational. Once online, they will be capable of covering power consumption needs of up to 600,000 local households each year.
According to Siemens Gamesa, 40 million of people in Pakistan have no access to electricity. The government is committed to bring in modern renewables into the power mix, currently dominated by imported oil and natural gas.
Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTCorio, Jera ready Formosa 3 for Taiwan offshore wind auction
Jul 01, 2022 16:12 CESTCost of new renewables climb, but gap to fossil power widens
Jul 01, 2022 16:07 CESTGermany opens public consultation on offshore wind development plan
Jul 01, 2022 15:48 CESTEast Energy, utility to use green H2 to decarbonise district heating in Brandenburg
Jul 01, 2022 15:43 CESTBiden pledges to take action as court limits EPA's authority
Jul 01, 2022 15:38 CEST