Will Internecine Wrangles Wreck US Offshore Wind Farm Plans?: GlobalData Updated On Wed, Dec 18th, 2019 by Saurenergy For its adherents, the benefits of offshore wind are self-evident: abundant, clean, emission-free power. But for supporters of new development off the Eastern Seaboard – billed as the first utility-scale offshore wind project in the US – progress to make their vision a reality has been frustratingly unforthcoming. GlobalData’s power technology writer Ross Davies said […] Read more
Economic Slowdown Affects Solar Installations in India Updated On Tue, Dec 17th, 2019 by Saurenergy The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […] Read more
Poland to Meet its Renewable Energy Target With Amended Regulation Updated On Tue, Dec 10th, 2019 by Saurenergy The share of RE in power capacity mix of Poland is expected to reach 39.1 percent by 2030 supported by the recently revised renewable energy sources act. The share of renewable energy in the power capacity mix of Poland reached 16.9 percent in 2018 and is expected to reach 39.1 percent by 2030 supported by […] Read more
China’s Module Market Grows Despite Slowdown in Domestic Solar Industry Updated On Tue, Dec 10th, 2019 by Saurenergy The decline in annual installations of solar in China did not seem to have had an impact on its module manufacturing industry, a new analysis has revealed The decline in annual installations of solar photovoltaics (PV) in China does not seem to have had an impact on the country’s solar module manufacturing industry. The country’s […] Read more
Japanese Offshore Wind Growth Matched by Foreign Interest Updated On Wed, Dec 4th, 2019 by Saurenergy Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […] Read more
Energy Storage Contracts Down 34 Percent in Q3 2019 Updated On Thu, Nov 28th, 2019 by Saurenergy Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalData’s […] Read more
Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
Poland Solar PV Installation is set for Exceptional Growth Updated On Tue, Nov 19th, 2019 by Saurenergy Poland has registered phenomenal growth in solar PV installations in 2019 and is expected to install 3.15 GW of capacity by 2022 Poland has registered phenomenal growth in solar photovoltaics (PV) installations in 2019 and is expected to install 3.15 gigawatt (GW) of capacity by 2022, according to new research analysis. Tarun Bhutani, project manager […] Read more
Global Wind Energy Market to Reach $124.6 bn by 2030 Updated On Wed, Nov 13th, 2019 by Saurenergy Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […] Read more
