Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
Boralex Becomes the Sole Owner of 3 Quebec Wind Farms, with 296 MW Capacity Updated On Mon, Nov 23rd, 2020 by Saurenergy Boralex Inc has announced that it has entered into a definitive agreement to acquire the full 49% equity stake held by the Caisse de dépôt et placement du Québec (CDPQ) in 3 wind farms in Quebec, already 51% owned by Boralex. CDPQ’s 49% equity stake represents 145 MW net installed capacity and the three wind […] 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
Statkraft Shares its Low Emissions Scenario of a Cost Effective Transition Updated On Mon, Nov 23rd, 2020 by Saurenergy Statkraft has launched is Low Emissions Scenario which projects and details how energy usage, and the renewable energy industry, will change across Europe in the next thirty years. One of Europe’s largest renewable energy producers, Statkraft, has launched is Low Emissions Scenario which projects and details how energy usage, and the renewable energy industry, will […] Read more
IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally Updated On Sat, Nov 21st, 2020 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […] Read more
Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s Updated On Fri, Nov 20th, 2020 by Saurenergy In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs). These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […] Read more
TERI and Greenstat to set up Centre of Excellence on Hydrogen in India Updated On Fri, Nov 20th, 2020 by Saurenergy TERI and Greenstat Hydrogen India have announced a research partnership aimed at accelerating the deployment of hydrogen technologies in India. The Energy and Resources Institute (TERI) and Greenstat Hydrogen India have announced a research partnership aimed at accelerating the deployment of hydrogen technologies in India. This will be focused on the establishment of a Norwegian […] Read more
Association of Power Producers Request Financial Support From Finance Minister Updated On Fri, Nov 20th, 2020 by Saurenergy The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […] Read more
India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
