Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
Vestas to Shut Down Three Offshore Wind Factories in Europe Updated On Tue, Sep 21st, 2021 by Saurenergy Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […] Read more
Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean Updated On Fri, Sep 17th, 2021 by Saurenergy Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
Turkey Reaches 10 GW Wind Energy Milestone: WindEurope Updated On Mon, Sep 13th, 2021 by Saurenergy Turkey reached 10 GW of wind energy installations, a significant achievement for the country, according to WindEurope. It means that Turkey managed to increase its wind energy capacity tenfold over the last 10 years. Over that period, Turkey has seen considerable diversification of its energy mix, in particular through the expansion of renewable generation capacity. […] Read more
Egypt Set To Catch Up On Solar Growth In Coming Years Updated On Wed, Sep 8th, 2021 by Saurenergy GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […] Read more
Associate PLM Technical Analyst Updated On Tue, Sep 7th, 2021 by Saurenergy This position will be responsible to works within the PLM & Configurator platform team to ensure the implementation and production support of PLM & Configurator Solutions. We are looking for a strong candidate for this position, having 5 plus years of experience with expertise in Oracle EBS – Configurator & PLM concepts, practices and procedures […] Read more
Engineer – Converter Electrical Updated On Tue, Sep 7th, 2021 by Saurenergy As a Converter Electrical Engineer in “Converter Structure and Integration” sub-module, you will be part of a team of highly skilled R&D engineers located in Denmark, Portugal and Chennai. In our department we are accountable for the structural design of the electrical converter for all onshore and offshore Vestas turbine, has well as the converter […] Read more
