MNRE Official Indicates India’s First Offshore Wind Tender By June End Updated On Tue, May 16th, 2023 by Saurenergy A top official of Ministry of New and Renewable Energy (MNRE) has announced that India may float its first offshore wind energy tender in the coming four to six weeks. The information has been shared by MNRE Joint Secretary Dinesh Jagdale during a side event of the Energy Transitions Working Group of the G20 Presidency […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
Seatrium Gets Offshore Wind EPC Contract Worth $377 million Updated On Tue, May 9th, 2023 by Saurenergy Singapore based engineering solutions provider Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms, has secured a contract worth more than S$500 million (USD 377 Million) for two offshore wind farm substations from Empire Offshore Wind. The Empire wind project is a joint venture between Equinor and bp off the United States’ Long Island. […] Read more
Invenergy, Others Ready 104 MW New York Wind Farm Updated On Mon, May 8th, 2023 by Saurenergy Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […] Read more
EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT Updated On Mon, May 8th, 2023 by Saurenergy Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […] Read more
Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report Updated On Wed, May 3rd, 2023 by Saurenergy A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […] Read more
Siemens Gamesa Bags 1000 MW Onshore Wind Commitment From RWE Updated On Tue, May 2nd, 2023 by Saurenergy RWE has announced the signing of a framework agreement with Siemens Gamesa under which Siemens Gamesa will supply turbines to 1000 MW of onshore wind farms that will be built by RWE in Europe. This allows Siemens Gamesa to become a leading supplier of large components for the RWE project pipeline. RWE will procure the […] Read more
Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report Updated On Tue, May 2nd, 2023 by Saurenergy The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions. GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […] Read more
Van Oord Gets Transport & Installation Contract for 1.6 GW Nordseecluster Wind Project Updated On Wed, Apr 26th, 2023 by Saurenergy Van Oord will be supplier for transport and installation of foundations for the 1.6 GW Nordseecluster wind project in Germany. The mega wind project is a joint venture between RWE and Northland Power. The agreement was signed at Van Oord’s stand at the WindEurope exhibition in Copenhagen. The financial details of the agreement are yet […] Read more
