Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates Updated On Fri, May 5th, 2023 by Saurenergy A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country. The report estimates that the […] Read more
Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm Updated On Sun, Apr 23rd, 2023 by Saurenergy Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […] Read more
Ministry Of Power Appoints CEA To Verify Captive Status of ISTS Power Projects Updated On Wed, Apr 12th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has nominated the Central Electricity Authority (CEA) as the competent authority for verifying the status of captive power generating plants involved in inter-state power transmission. The notification said that the ministry earlier had received references on the issue from different stakeholders to decide on the authority to […] Read more
496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds Updated On Mon, Apr 10th, 2023 by Saurenergy Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] 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
Ocean Winds, CPP JV Golden State Wind Wins 2 GW California Wind Energy Lease Updated On Thu, Dec 8th, 2022 by Saurenergy Ocean Winds and Canada Pension Plan Investment Board (CPP Investments) have said that their newly formed offshore wind joint venture – Golden State Wind – was awarded an 80,418-acre lease area by the U.S. Bureau of Ocean Energy Management (BOEM) in the Morro Bay area off the central coast of California. The lease area awarded, […] Read more
US-Based CalWave Completes Open-Ocean Wave Energy Pilot Project Successfully Updated On Fri, Sep 2nd, 2022 by Saurenergy After 10 months of nonstop operation off the coast of San Diego, US-based wave energy developer company CalWave has completed its open-ocean wave energy pilot project. The project, which began operations in September 2021, was sponsored by the US Department of Energy (DOE) to showcase CalWave’s scalable and patented xWaveTM technology as a cost-effective, sustainable […] Read more
CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023 Updated On Tue, Aug 30th, 2022 by Saurenergy According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […] Read more
