MNRE Seeks Suggestions on Draft Offshore Wind Energy Lease Rules Updated On Wed, Jan 30th, 2019 by Saurenergy The ministry has provided a timeline until February 25, 2019, for interested stakeholders to submit their suggestions. The National Offshore Wind Energy Policy provides only a basic framework for the development of offshore wind energy in the country. And now the Ministry has opened its new Draft Offshore Wind Energy Lease Rules for comments/suggestions/views from […] Read more
China Added 44.3 GW of Solar and 20.59 GW of Wind Capacity in 2018 Updated On Mon, Jan 28th, 2019 by Saurenergy Total capacity, including hydro and biomass as well as solar energy and wind power, rose to 728 GW by end-2018, the NEA said during a briefing. According to official numbers, China’s renewable energy capacity increased by 12 percent in 2018 year-on-year compared to 2017. The leading country in the world for both solar and wind […] Read more
Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold Updated On Thu, Jan 3rd, 2019 by Saurenergy The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
UK Commences World’s Largest Offshore Wind Farm Updated On Wed, Sep 12th, 2018 by Saurenergy The addition of 87 wind turbines to the farm of already working 102 wind turbines has made it the largest operational offshore wind farm in the world. Just off the coast of England’s Walney Island is the site of newly commissioned 659 MW offshore wind power station. The addition of 87 wind turbines to the […] Read more
New Jersey Power Utility to Examine Nautilus Offshore Wind Power Project Plan Updated On Thu, Sep 6th, 2018 by Saurenergy The small-scale Nautilus Offshore Wind Power project, expected to be comprised of three wind turbines with a combined capacity of up to 25 megawatts (MW), is a crucial first step towards implementing the Offshore Wind Economic Development Act. The New Jersey Board of Public Utilities has officially accepted the application tendered by EDF Renewables and Fishermen’s Energy […] Read more
MNRE Discusses India’s First Offshore Wind Power Project with Developers Updated On Wed, Aug 8th, 2018 by Saurenergy The ministry has uploaded the documents regarding the wind data collected from the Gujarat region with the help of Light Detection and Ranging (LiDAR) for the developers to refer for their detailed project reports. In a boost to the Greenfield energy projects in the country, MNRE has discussed with the wind power developers of India […] Read more
