China’s CEI, French EDF Group Team Up for Offshore Wind in Jiangsu Province Updated On Fri, Apr 12th, 2019 by Saurenergy China Energy Investment and Electricite de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province. The project is the first offshore wind power venture with both domestic and foreign investment in China. A total of 7.94 billion yuan (US$1.18 billion) will be invested, […] Read more
More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
US DOE Grants $28 Mn in Funding For Wind Energy Research Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) has announced up to $28.1 million in funding aimed at advancing wind energy nationwide across the land-based, offshore and distributed wind sectors. While utility-scale wind energy in the United States has grown to 90 GW, significant opportunities for cost reductions remain, especially in the areas of offshore wind, distributed […] Read more
Nordex Wins Wind Projects Totalling 108 MW in Greece Updated On Wed, Mar 20th, 2019 by Saurenergy European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […] Read more
Senvion Installs the Tallest Wind Turbine in France Updated On Tue, Mar 19th, 2019 by Saurenergy Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines, has announced that it has installed the tallest wind turbines in France for BayWa r.e. With a tip height of 200 meters, the Senvion 3.0M122 wind turbines are currently being installed in the wind farm Les Landes, located in the French department of […] Read more
India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
Global Offshore Wind Capacity to Cross 81 GW by 2024 Updated On Thu, Mar 14th, 2019 by Saurenergy The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […] Read more
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more