$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more
Vestas Selected for 139 MW Offshore Wind Farm in Japan Updated On Tue, Apr 7th, 2020 by Saurenergy Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […] Read more
Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF Updated On Mon, Apr 6th, 2020 by Saurenergy Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […] Read more
Nordex Group Reports Order Intake of 1.6 GW in Q1 2020 Updated On Mon, Apr 6th, 2020 by Saurenergy The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […] Read more
COVID-19 Could Derail Storage Growth, but 2020 to be Record Year Updated On Fri, Apr 3rd, 2020 by Saurenergy According to a new analysis, the COVID-19 containment could derail storage growth but 2020 will still be a record-breaking year with 12.6 GWh deployed. According to a new analysis, if the coronavirus (COVID-19) containment measures continue to curtail the movement of goods and people through Q2 this year, alongside an economic downturn, the market impact […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
Poor Infrastructure and The UK EV Market Updated On Thu, Apr 2nd, 2020 by Saurenergy The UK has until 2040 to phase out the production of new petrol-powered cars and focus its attention on the production of electric vehicles. However, electric vehicles are being purchased at a much faster rate than expected. If we continue to see year-on-year growth in the sale of electric vehicles, the UK can’t expect to […] Read more
SNEC 2020 Stands Postponed. No New Date Announced Updated On Thu, Apr 2nd, 2020 by Saurenergy After holding out for long, the organising committee of the SNEC (Smart Energy Event and Conference), Shanghai, which is by far the biggest trade show for the solar sector, has announced the postponement of this years event. The 2020 edition would have been the 14th edition of the expo. The conference+ exhibition was originally scheduled […] Read more
