Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022 Updated On Fri, Jan 19th, 2024 by Saurenergy WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
Is Solar Trumping Wind, Again? Updated On Fri, Oct 27th, 2023 by Saurenergy Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […] Read more
NTPC Issues Tender For 1500 MW Of Wind Projects For ISTS Updated On Mon, Sep 25th, 2023 by Saurenergy NTPC Limited has issued an international bidding tender seeking developers to set up 1500 Megawatt (MW) of Inter-State Transmission System (ISTS) wind projects anywhere in India. The central public sector enterprise has asked the bidders to submit their bids by the end of October 19. The bids will be undertaken on a single stage two, envelope mode […] Read more
NTPC & Meghalaya Join Hands for Floating Solar, PSPs Updated On Tue, Jul 11th, 2023 by Saurenergy Energy conglomerate NTPC Limited and the Meghalaya Government have entered into various agreements to augment renewable power in Meghalaya. The MoUs entail Power Portfolio Management Services (PMS) for Meghalaya DISCOM. The agreements will also pave the way for the establishment of Pump Storage Power Plants (PSPs), as well as floating solar projects in the state. […] Read more
CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion Updated On Mon, Jun 26th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […] Read more
Fred. Olsen 1848 Unveils Bolette: A Solution for Wave-Resilient Floating Solar Updated On Wed, Jun 21st, 2023 by Saurenergy Oslo, Norway based renewable energy company, Fred.Olsen 1848, has launched an innovative solution called Bolette, designed to unleash the potential of near- and offshore floating solar installations by enabling PV modules to move independently and effortlessly. Bolette tackles the primary challenge faced by floating solar, namely the combined impact of high wave loads and strong […] Read more
