Report Forecasts 70 GW of Floating Wind Capacity by 2040 Updated On Thu, Jul 16th, 2020 by Saurenergy The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV Updated On Mon, Jun 22nd, 2020 by Saurenergy Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […] Read more
Masdar to Design, Finance, Build and Operate 500 MW Wind Project in Uzbekistan Updated On Thu, Jun 11th, 2020 by Saurenergy Masdar has signed an agreement to design, finance, build and operate a 500-MW utility-scale wind farm project in the Republic of Uzbekistan. Leading developer and operator of utility-scale renewable energy projects, Masdar Clean Energy has announced that it has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan […] Read more
EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm Updated On Tue, Jun 9th, 2020 by Saurenergy EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […] Read more
1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
Macquarie GIG Partners With RIDG to Compete Scottish Offshore Leasing Round Updated On Tue, May 12th, 2020 by Saurenergy Macquarie’s GIG and RIDG have partnered to compete in the next round of seabed leasing for offshore wind development off the Scottish coast From their Edinburgh base, Macquarie’s Green Investment Group (GIG) and Scottish offshore wind developer Renewable Infrastructure Development Group (RIDG) have announced their partnership to compete in ScotWind, the next round of seabed […] Read more
SINN Power Builds World’s 1st Floating Ocean Hybrid Platform Updated On Thu, Apr 30th, 2020 by Saurenergy With an aim to further expand footprints, Germany based SINN Power has invited solar panel manufacturers to demonstrate and test their photovoltaic (PV) modules on a floating platform in Iraklio, Greece. The company’s motive behind the move is to internationalise its ocean hybrid platform as a complete off-grid energy solution to provide renewable energy to […] Read more
Norway Okays Equinor’s Floating Wind Farm Plan Updated On Thu, Apr 9th, 2020 by Saurenergy The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […] Read more