ONGC to Expand RE Portfolio Through Offshore Wind Updated On Tue, Aug 31st, 2021 by Saurenergy Oil and Natural Gas Corporation (ONGC) is planning to generate electricity from wind at its vast offshore acreage in order to expand its renewable energy portfolio. Owned by the Ministry of Petroleum and Natural Gas, Government of India, ONGC has oil and gas fields both in the Arabian Sea and Bay of Bengal. That experience […] Read more
China Surpasses Germany to Claim #2 in Offshore Wind Rankings Updated On Fri, Aug 27th, 2021 by Saurenergy China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […] Read more
BV Approves SolarDuck’s Offshore Solar Floating Tech Updated On Wed, Aug 25th, 2021 by Saurenergy French certification company Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Dutch RE firm SolarDuck for its offshore floating solar solution ‘King Eider’. This is the first time such an approval has been granted to an offshore floating solar technology, marking the beginning of a new era for this form of renewable […] Read more
Lead Electrical Engineers (Offshore) Updated On Tue, Aug 24th, 2021 by Saurenergy Wood India is recruiting for a Lead Electrical Engineer with offshore and brownfield experience to be based in Chennai. The incumbent shall be skilled in the below areas of expertise: Detailed knowledge of the Electrical discipline for the following technical aspects of projects Electrical principals. Codes and standards and their application. Distribution and power generation design. Safety […] Read more
48 MW Scottish Offshore Wind Project Fully Installed Updated On Tue, Aug 24th, 2021 by Saurenergy The 48MW Kincardine Offshore Wind project, touted as “the world’s largest installed floating offshore wind farm,” has been fully installed now. It is expected to generate enough electricity to power approximately 55,000 Scottish households. Last year, Scotland narrowly missed a target to generate the equivalent of 100% of its electricity demand from renewables. The figure […] Read more
Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units Updated On Thu, Aug 19th, 2021 by Saurenergy Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […] Read more
Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
OFFSHORE RENEWABLES: An action agenda for deployment Updated On Fri, Aug 6th, 2021 by Saurenergy The report developed by International Renewable Energy Agency (IRENA) provides insights on various emerging offshore renewable energy technologies and their underlying potential. The report includes 50 concrete actions that G20 countries may consider while defining their national strategies for offshore renewables. Suggested actions include strengthening an oceans governance according to the UN Law of the […] Read more
ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
