Global Offshore Wind O&M Market to grow to $12 Bn by 2029: WoodMac Updated On Tue, Mar 9th, 2021 by Saurenergy A new report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow to reach USD 12 billion by 2029. Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16 percent annually to reach USD 12 billion (EUR 10 billion) […] Read more
Africa is Only Tapping Into 0.01% of its Wind Power Potential Updated On Mon, Mar 8th, 2021 by Saurenergy Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, with potential in the region barely scratching the surface According to the latest data released by GWEC Market Intelligence, Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
The Hydrogen Roadmap to 2030. Updated On Tue, Mar 2nd, 2021 by Saurenergy Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […] Read more
Global Solar Capacity Set to Exceed 150 GW in 2021 Updated On Tue, Mar 2nd, 2021 by Saurenergy With an expected 150 GW of fresh solar capacity to be added in 2021, solar will continue to strengthen its place as the biggest contributor to fresh capacity additions worldwide in 2021. With almost 40 GW added in 2020, numbers that defied multiple predictions of hits from the Coronavirus pandemic, markets such as the US, […] Read more
Floating Solar On A Growth Path To 2027, Says TMR Updated On Tue, Mar 2nd, 2021 by Saurenergy Transparency market Research, a market intelligence firm, has predicted a strong 43 percent CAGR growth for floating solar between 2019 and 2027. According to the firm, no large land requirement, decrease in evaporation, and massive power generation are some of the important benefits that will influence the growth of the floating solar panels market. Floating […] Read more
JinkoSolar 1st Solar Firm to Sign Global Framework Principles for Decarbonizing Heavy Industry Updated On Mon, Mar 1st, 2021 by Saurenergy JinkoSolar has announced that it is the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry (“Framework Principles”), as part of its efforts to continue supporting the decarbonization of the heavy industry sector in favor of a transition towards clean energy. Mr. Dany Qian, JinkoSolar Vice President, commented, “I […] Read more
BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis Updated On Fri, Feb 26th, 2021 by Saurenergy BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
