COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL Updated On Wed, Sep 9th, 2020 by Saurenergy According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […] Read more
Total, Macquarie to Work on 2 GW Floating Offshore Wind Portfolio in S Korea Updated On Wed, Sep 2nd, 2020 by Saurenergy Total and Macquarie GIG have concluded a 50/50 partnership to develop a portfolio of 5 large floating offshore wind projects (2 GW) in South Korea Total and Macquarie Green Investment Group (GIG) have concluded a 50/50 partnership to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated […] Read more
Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy Updated On Wed, Aug 26th, 2020 by Saurenergy Saipem has announced the signing of an MoU with AGNES and QINT’X to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINT’X, […] Read more
Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
Continued Scaling up of Wind Energy is Critical to Jobs: WindEurope Updated On Mon, Aug 17th, 2020 by Saurenergy With the right regulatory framework in place, wind energy promises immediate and lasting jobs creation to spur the EU economy. In its Recovery Strategy, the EU Commission encouraged the Member States to invest in green and future-proof technologies such as wind. With the right regulatory framework in place, wind energy promises immediate and lasting jobs […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Smoother Processes for Offshore Wind Leasing in the US Will Unlock Billions: WoodMac Updated On Fri, Aug 7th, 2020 by Saurenergy Wood Mackenzie believes that the offshore wind market could move even faster in the US with smoother processes in place for leasing and permitting. Offshore wind in the United States is growing by leaps and bounds. And the WoodMac base scenario for the US offshore wind market sees 25 gigawatts of capacity getting built by […] Read more
Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC Updated On Thu, Aug 6th, 2020 by Saurenergy Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […] Read more
Time’s Ripe for Offshore Wind Projects Updated On Thu, Jul 30th, 2020 by Saurenergy World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […] Read more
