China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
Wind Energy Body Proposes 4 Measures To Boost Capacity Updated On Mon, Jun 12th, 2023 by Saurenergy Indian wind industry body Wind Independent Power Producers Association (WIPPA) has proposed four measures to boost progress in the wind energy sector in the country. “At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late […] Read more
Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
OX2, Tuulialfa To Construct Six Wind Projects Worth 1.2 GW Updated On Fri, Jun 2nd, 2023 by Saurenergy Swedish renewable energy company OX2 has announced that it has signed an agreement with Finnish clean energy player Tuulialfa for the development and construction of an onshore wind power portfolio in North Ostrobothnia and Lapland in Finland. The total capacity of the project is slated to be approximately 1,200 megawatts (MW). OX2 said that the […] Read more
Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity Updated On Fri, Jun 2nd, 2023 by Saurenergy Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […] Read more
Ørsted To Acquire US Offshore Wind Seabed For $625 Million Updated On Tue, May 30th, 2023 by Saurenergy Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […] Read more
ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project Updated On Fri, May 26th, 2023 by Saurenergy RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […] Read more
