Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
World Adds 10.8 GW Of New Offshore Wind Capacity In 2023 Updated On Tue, Jun 18th, 2024 by Saurenergy In 2023, despite the macroeconomic challenges faced by the sector in some key markets, the wind industry installed 10.8 GW of new offshore wind capacity, taking the global total to 75.2 GW, a new report from the Global Wind Energy Council said. The report said that the new capacity increased 24% on the previous year, […] Read more
Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue Updated On Mon, May 20th, 2024 by Saurenergy Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally Updated On Fri, May 10th, 2024 by Saurenergy The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […] Read more
Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL Updated On Tue, Oct 17th, 2023 by Saurenergy The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050. NREL is the U.S. Department of Energy’s primary […] Read more
Chennai To Host Windergy India Meet This October Updated On Wed, Sep 6th, 2023 by Saurenergy Several wind energy behemoths and industry leaders are now all set to hold meetings to brainstorm renewable technologies at the upcoming Windergy India 2023 event. The event has been planned in Chennai from October 4 to October 6 at the Chennai Trade Centre. A series of conferences with participation from the Tamil Nadu government, the […] Read more
10.4 GW Tenders Issued For Standalone Wind & Hybrid Projects In ’22: India Wind Energy Market Outlook Updated On Fri, Aug 25th, 2023 by Saurenergy As per a report by GWEC and MEC Intelligence (MEC+), entitled ‘From local wind power to global export hub: India Wind Energy Market Outlook 2023-2027’ published recently, India could become a key player in the global wind energy supply chain. The India Outlook from GWEC and MEC+ highlights that in 2022, 10.4 GW of tenders […] Read more
Despite A Volatile Market, Wind Energy Blows Strong Updated On Fri, Jun 16th, 2023 by Saurenergy It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade. Global Trends 2023: Big Start, Bigger Finish The wind sector is back […] Read more