China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally Updated On Fri, May 10th, 2024 by Saurenergy The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […] Read more
IREDA Incorporates Subsidiary In GIFT City, Gujarat Updated On Thu, May 9th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May 2024, after receiving the No Objection letter from the Reserve Bank of India on […] Read more
Bangladesh Power Firm Issues 160 MW International Solar Tender Updated On Thu, May 9th, 2024 by Saurenergy Bay of Bengal Power Company Limited (BPDB), has issued an international tender inviting bids for for the design, supply, installation, testing & commissioning of a 160 MW Solar (AC) PV Power Plant at Maheshkhali Peninsula, Cox’s Bazar, Bangladesh. According to the tender document (priced BDT 20,000), the bidders will have to submit the technical and […] Read more
India Issued 69GW+ Renewable Tenders In FY24, Says IEEFA Report Updated On Mon, May 6th, 2024 by Saurenergy The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian government’s own annual target of 50 GW. The global energy think tank attributed this to the strong push from the Union government at […] Read more
Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report Updated On Wed, May 1st, 2024 by Saurenergy The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […] Read more
NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport Updated On Wed, Apr 24th, 2024 by Saurenergy TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […] Read more
Green Volt Receives Order For Floating Wind Project in Europe Updated On Tue, Apr 23rd, 2024 by Saurenergy Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […] Read more
