President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects Updated On Tue, Jun 25th, 2024 by Saurenergy JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
United States Plans Leasing Of 12 Offshore Wind Projects Updated On Thu, Apr 25th, 2024 by Saurenergy The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […] Read more
Ramboll To Work On Foundations For 1.4 GW Polish Offshore Wind Projects Updated On Thu, Mar 28th, 2024 by Saurenergy Equinor and Polenergia have signed contracts with Denmark-headquartered Ramboll for the Bałtyk II and offshore wind projects in the Polish Baltic Sea, said the company in its media statement. Under the contracts, Ramboll will provide engineering services for 100 monopiles for the Bałtyk II and Bałtyk III projects. Equinor and Polenergia also finalised contracts for […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu Updated On Fri, Feb 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […] Read more
Offshore Wind Projects Will Need Nod From 6 Ministries, Say Govt Rules Updated On Wed, Dec 27th, 2023 by Saurenergy The Ministry of External Affairs has notified the new rules to regulate the leasing mechanism for offshore wind projects in India. The new rules are called Offshore Wind Energy Lease Rules, 2023. The new rules of the ministry said that no person or entity should install offshore wind energy projects or offshore transmission projects without […] Read more
US Five Offshore Wind Projects Can Power 1.75 million Homes: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […] Read more
