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Offshore Wind’s 2024 in India- Building Blocks Falling Into Place

India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […]

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Market Area Manager – Offshore Infrastructure Technology and Markets & Risks

Responsibilities:- Going to market – this is an fully outgoing and external focused role – seeking opportunities in the market and using your network to bring in projects. Sales and order intake – overall responsible and accountable for order intake according to Annual Operational Plans and DNV strategies. Business Development: Identify, evaluate, and develop new […]

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ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India

ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […]

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Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets

GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […]

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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

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. […]

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CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules

The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […]

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Sr. Automation Engineer – Oil & Gas Nordic offshore projects

You deal comprehensively with the automated systems on offshore platforms to implement interfaces and complete solutions. Hand-on experience with PCS7, WinCC and Step 7, TIA portal. Has performed Automation node / HMI programming for at least five Oil & Gas / Marine / relevant    automation projects using the above tools. Experience with Nordic SOGO library would […]

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After China & Europe, India Set To Embark On Offshore Wind Journey

After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […]

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MNRE Amends Offshore Wind Lease Rules To Ease Process

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 […]

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