48 MW Scottish Offshore Wind Project Fully Installed Updated On Tue, Aug 24th, 2021 by Saurenergy The 48MW Kincardine Offshore Wind project, touted as “the world’s largest installed floating offshore wind farm,” has been fully installed now. It is expected to generate enough electricity to power approximately 55,000 Scottish households. Last year, Scotland narrowly missed a target to generate the equivalent of 100% of its electricity demand from renewables. The figure […] Read more
Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units Updated On Thu, Aug 19th, 2021 by Saurenergy Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […] Read more
10% Hike in Store for Wind Turbine Prices, says WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy According to new analysis from Wood Mackenzie, wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges. As noted in a recent Wood Mackenzie report, a rise in steel, copper, aluminium, and fibre prices, coupled with […] Read more
Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
OFFSHORE RENEWABLES: An action agenda for deployment Updated On Fri, Aug 6th, 2021 by Saurenergy The report developed by International Renewable Energy Agency (IRENA) provides insights on various emerging offshore renewable energy technologies and their underlying potential. The report includes 50 concrete actions that G20 countries may consider while defining their national strategies for offshore renewables. Suggested actions include strengthening an oceans governance according to the UN Law of the […] Read more
Shell to Fully Acquire US Green Firm Inspire Energy Capital Updated On Wed, Jul 28th, 2021 by Saurenergy Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […] Read more
Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France Updated On Tue, Jul 27th, 2021 by Saurenergy Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France. Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […] Read more
RWE, Shell, Gasunie, Equinor to Build German Offshore Hydrogen Park Updated On Mon, Jul 26th, 2021 by Saurenergy Germany-based RWE, Royal Dutch Shell, Norway-based Equinor and Dutch gas network company Gasunie are planning to together build a 300-MW electrolyser in the German North Sea to produce green hydrogen from offshore wind. The project partners have signed a letter of intent to collaborate on the AquaSector project – a large-scale German offshore hydrogen park. […] Read more
Big-scale Floating Wind is Kicking Off in France: WindEurope Updated On Mon, Jul 26th, 2021 by Saurenergy France has closed the world’s first-ever auction for a commercial-sized floating offshore wind farm. The future wind farm will be located in the Atlantic Ocean south of Brittany and will have a capacity of 250MW. France will then auction two other floating projects of a similar size over the next year. These will be in […] Read more
