Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
Domestic Manufacturing, Energy Equity, Green Hydrogen & Others: 5 Trends to Define US Energy Market in ’23 Updated On Mon, Jan 9th, 2023 by Saurenergy A report released by Deloitte entitled, ‘2023 Renewable Energy Industry Outlook’ has provided an insight into the trends that will define the US RE market this year. 2022, the report states, the renewable energy growth in the US market saw a slowdown because on increasing costs and delays in project. Some of these trends, the […] Read more
Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
Engie, Google Forge Partnership for Scottish Wind Farm Updated On Fri, Nov 25th, 2022 by Saurenergy French firm Engie , which delves into renewable, thermal energy and also provides energy solutions has joined hands with Google by way of a 100 MW corporate PPA. The agreement will pave the way for the French firm to supply the American multination tech giant with over 5TWh green power from Moray West offshore wind […] Read more
Enel Gears to Add 21 GW Renewable Assets in Core Countries Updated On Thu, Nov 24th, 2022 by Saurenergy Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […] Read more
Siemens Gamesa Wind Turbine Claims to Break Energy Generation Record Updated On Tue, Oct 11th, 2022 by Saurenergy Siemens Gamesa has said that one of its offshore wind turbines has broken the record of most power produced by a single turbine in one day. The company held that its SG 14-222 DD offshore wind turbine prototype generated 359 MWh of energy in a time period of 24 hours. This capacity of electricity, the […] Read more
Vattenfall To Develop 1-GW Offshore Wind Farm in Germany Updated On Fri, Sep 30th, 2022 by Saurenergy Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […] Read more
North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050 Updated On Tue, Sep 13th, 2022 by Saurenergy In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […] Read more
