IEA Upgrades Solar To Energy ‘King’ In Outlook for 2021, 2022 Updated On Wed, May 12th, 2021 by Saurenergy The International Energy Agency (IEA), in its latest Energy market update, has flagged renewables as the only category which saw demand increase. based on this, and the competitive filed for renewables versus other energy options, the agency sees a solid future ahead for renewable energy, particularly Solar. For India, which has been hit hard by […] Read more
Massachusetts Invites Bids for 1600 MW Offshore Wind Projects Updated On Tue, May 11th, 2021 by Saurenergy Massachusetts electric utility companies have opened their third offshore wind solicitation, releasing a Request for Proposals (RFP) for up to 1,600 MW of offshore wind power, twice the capacity they contracted in the previous rounds. The Baker administration announced the RFP on Friday, for which confidential bids are due by September 16 and public proposal […] Read more
England To Favour Domestic Manufacturers For Wind Subsidies Updated On Tue, May 11th, 2021 by Saurenergy The British Government will not allow subsidies for offshore wind development projects that do not use components made and supplied by UK based manufacturers. The new rules are likely for projects larger than 300 MW. Prime Minister Boris Johnson has announced plans to grow UK offshore wind generation to 40GW by 2030, with an additional […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
PGE and Ørsted have Closed the Joint Venture Agreement for Polish Offshore Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy With the closing of the agreement, which was first announced on 10 February 2021, PGE and Ørsted now each own 50% of the shares in the offshore wind projects Baltica 2 and Baltica 3, together comprising the Baltica Offshore Wind Farm, the largest offshore wind project in the Polish part of the Baltic Sea. The partners […] Read more
Siemens Gamesa Confirmed as Supplier for 1044 MW Offshore Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy The collaboration between Siemens Gamesa Renewable Energy and Hai Long Offshore Wind Project (Hai Long) has been extended to 1044 MW. The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers […] Read more
Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […] Read more
European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more