Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis Updated On Tue, Nov 24th, 2020 by Saurenergy Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […] Read more
Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
Siemens Gamesa Appoints Marc Becker as CEO of Offshore Business Updated On Mon, Nov 23rd, 2020 by Saurenergy Siemens Gamesa Renewable Energy has announced that Marc Becker is to return to the company as CEO of its industry-leading Offshore business. Siemens Gamesa Renewable Energy has announced that Marc Becker is to return to the company as CEO of its industry-leading Offshore business. Becker served as Managing Director for Germany and Head of Offshore […] Read more
Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway Updated On Thu, Nov 12th, 2020 by Saurenergy The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […] Read more
Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm Updated On Thu, Nov 12th, 2020 by Saurenergy TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy Updated On Thu, Nov 5th, 2020 by Saurenergy The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […] Read more
What Next for China’s Offshore Wind Industry Post-2021: GWEC Updated On Wed, Nov 4th, 2020 by Saurenergy From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […] Read more