Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio Updated On Wed, Jan 31st, 2024 by Saurenergy Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […] Read more
Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030 Updated On Tue, Jan 30th, 2024 by Saurenergy Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […] Read more
Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm Updated On Tue, Jan 30th, 2024 by Saurenergy Amazon signed a corporate power purchase agreement (CPPA) with ENGIE, increasing its output share from Ocean Winds’ Moray West offshore wind farm. The agreement would bring Scotland’s total renewable energy capacity operational this year to 473MW when the site becomes operational later this year. ENGIE stated, “This is enough energy to power more than 650,000 […] Read more
Global Maritime To Lead Maintenance At Offshore Wind Farm In Scotland Updated On Thu, Jan 25th, 2024 by Saurenergy Global Maritime, an offshore operations company, will manage the maintenance-related heavy operations at the Hywind floating offshore wind farm. The company has been awarded a contract pertaining to project management, engineering works, and other site-related operations. Masdar, a renewable energy company, and Equinor, an international energy company were involved in developing the Hywind offshore wind […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
Vortex Energy Commences Construction of 110 MW Of Wind, Solar Projects In Poland Updated On Tue, Jan 23rd, 2024 by Saurenergy Vortex Energy, a renewable energy company based in Poland has started the construction of several of its projects including 53MW of onshore wind power and 57MW of PV solar power projects. These renewable energy projects in Poland are set to be finished atmost by 2025. Once completed the solar and wind projects will provide around […] Read more
TotalEnergies, European Energy Expand Their Collaboration In Wind Energy Updated On Tue, Jan 23rd, 2024 by Saurenergy TotalEnergies, a multi-energy company, announced its collaboration with European Energy, which develops and constructs renewable energy projects. It recently signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. This collaboration forms a part of its integrated development in electricity. 405 MW of offshore wind […] Read more
