Offshore Wind Pipeline in Asia-Pacific Excluding China Exceeds 5 GW Updated On Mon, Nov 25th, 2019 by Saurenergy A new report outlines the offshore wind energy pipeline for four key markets in the Asia Pacific region, highlighting the key factors for growth. With a supportive policy framework in place and over 5 gigawatts (GW) of approved projects pipeline that will come online as early as 2025, Taiwan is expected to connect upwards of […] Read more
Europe to Lead RE Cost Reductions for Offshore Wind Through 2028 Updated On Wed, Nov 20th, 2019 by Saurenergy The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […] Read more
SGRE to Supply Turbines for 300 MW Offshore Wind Project in Taiwan Updated On Thu, Nov 14th, 2019 by Saurenergy SGRE and Hai Long have signed a preferred supplier agreement for the delivery and servicing of turbines on the 300 MW Hai Long 2 project in Taiwan Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) have signed a preferred supplier agreement for the delivery and servicing of turbines on the 300 […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] Read more
Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
ABB to Connect World’s Largest Offshore Wind Project to UK Grid Updated On Thu, Oct 31st, 2019 by Saurenergy ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […] Read more
PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
