Siemens Gamesa targets $2.5B in savings by 2020

February 16, 2018 0

Siemens Gamesa Renewable Energy (SGRE) unveiled Thursday its three-year strategic plan to become a global leader in renewables development, setting a €2 billion ($2.5 billion) savings target by 2020, Kallanish Energy reports.

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New wind capacity grows 20% in Europe

February 14, 2018 0

Europe reached another record year for wind power in 2017, with new deployments growing 20% year-on-year, as further cost reductions and increased competition in auctions gave investors more capacity for less cash.

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Eni to invest in renewables in Ghana

February 14, 2018 0

Italian oil major Eni said on Tuesday it plans to invest in two renewable power generation projects in Ghana, where its subsidiary operates two offshore blocks and one exploration licence, Kallanish Energy learns.

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BP invests $5 million in EV charging company

January 31, 2018 0

British oil major BP said Tuesday it has invested $5 million in a U.S.-based manufacturer of mobile electric vehicle (EV) rapid charging systems, FreeWire Technologies, seeking to the be the fuel retailer of choice even if not oil and gas.

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