Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden Updated On Wed, Oct 18th, 2023 by Saurenergy Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […] Read more
Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL Updated On Tue, Oct 17th, 2023 by Saurenergy The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050. NREL is the U.S. Department of Energy’s primary […] Read more
India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC Updated On Tue, Oct 10th, 2023 by Saurenergy The ‘GWEC Global Offshore Wind 2023’ report cites that for fulfilling demand for large offshore wind, and turbine installation of vessels requires trained workforce with adequate operational knowhow for regional cooperation in the APAC Asia–Pacific region. The study finds that its timely deployment will foster cooperation especially in new markets such as India, the Philippines, […] Read more
MNRE Proposes to Hold Bids for 7215 MW Offshore Wind in Tamil Nadu Updated On Fri, Sep 29th, 2023 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu through its nodal agency ‘National Institute of Wind Energy (NIWE)’. This initiative will look at the development of offshore wind energy projects for sale of power under Open Access […] Read more
Offshore Wind Developers To Get Seabed Area On Lease For Five Years Updated On Thu, Sep 28th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued norms for the tenders for allocating seabed to develop offshore wind projects. It comes when the ministry has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu. As per the norms, the National Institute of Wind Energy […] Read more
New Deal Will Foster Norway-Poland Collaboration On Offshore Wind Updated On Tue, Aug 29th, 2023 by Saurenergy Norwegian Offshore Wind- the largest representative offshore wind body in Norway, on behalf of 380 members, has signed an MOU with The Polish Investment and Trade Agency, aiming to boost offshore wind collaboration between the two countries. The Memorandum of Understanding was signed in Warsaw this week. “The two markets have different strengths within offshore […] Read more
Morgan Stanley Forms JV With Crowley For US Offshore Wind Development Updated On Mon, Aug 28th, 2023 by Saurenergy Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States. Crowley rendering of Salem Offshore Wind Terminal The joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities through the […] Read more
MNRE Releases Revised Strategy for Establishment of Offshore Wind Energy Projects Updated On Mon, Aug 21st, 2023 by Saurenergy The revised strategy for establishment of offshore wind energy projects has been chalked out and released recently by the MNRE (Ministry of New & Renewable Energy). Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind […] Read more
BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia Updated On Tue, Aug 1st, 2023 by Saurenergy As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […] Read more