Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
MingYang Defies Skeptics With Successful Installtion of 20 MW Offshore Turbine Updated On Mon, Sep 2nd, 2024 by Saurenergy Proof if ever was needed, on the next frontier for Chinese renewable equipment majors, is here. Offshore wind turbines, probably the last big segment that Chinese firms turned their attention to, has a new record holder for turbine size at 20 GW, in the form of Chinese renewable energy equipment manufacturer Mingyang Smart Energy. Mingyang […] Read more
TotalEnergies Launches 3 MW Floating Wind Pilot At Culzean Updated On Thu, Aug 29th, 2024 by Saurenergy TotalEnergies launched a pilot project constituting a floating wind turbine that would supply renewable power to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. This turbine, expected to be fully […] Read more
Winding Up: Global Offshore Wind Installations To Surpass 520 GW by 2040 Updated On Fri, Aug 23rd, 2024 by Saurenergy Global offshore wind projects are set to defy all predictions of doom and gloom, based on energy research firm Rystad’s Predictions. Offshore wind energy, which has been in the news in recent months for all the wrong reasons, be it inflationary pressures, supply chain disruptions, exemplified by postponed permitting processes, delayed auctions and slow supply […] Read more
Bright Future for Offshore Wind Power, But High Rewards Come with High Risks Updated On Thu, Aug 1st, 2024 by Saurenergy Fossil fuels are a major contributor to global warming, prompting nations to seek alternative energy sources. As traditional energy sources like coal, oil, and gas are phased out, the world is looking to alternative energy sources to fill the gap. Wind power, in particular, is expected to take off. According to the International Renewable Energy […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
South America Could Become Next Frontier For Offshore Wind Updated On Wed, Jul 31st, 2024 by Saurenergy South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […] Read more