Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production Updated On Tue, Jan 12th, 2021 by Saurenergy ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […] Read more
VSL Awarded Contract for Hybrid Tampen Floating Wind Farm Updated On Fri, Jan 8th, 2021 by Saurenergy Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […] Read more
Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio Updated On Tue, Jan 5th, 2021 by Saurenergy Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than […] Read more
RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm Updated On Wed, Dec 23rd, 2020 by Saurenergy RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […] Read more
Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million Updated On Fri, Dec 18th, 2020 by Saurenergy The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis Updated On Tue, Nov 24th, 2020 by Saurenergy Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […] Read more
Siemens Gamesa Appoints Marc Becker as CEO of Offshore Business Updated On Mon, Nov 23rd, 2020 by Saurenergy Siemens Gamesa Renewable Energy has announced that Marc Becker is to return to the company as CEO of its industry-leading Offshore business. Siemens Gamesa Renewable Energy has announced that Marc Becker is to return to the company as CEO of its industry-leading Offshore business. Becker served as Managing Director for Germany and Head of Offshore […] Read more
