Global Offshore Wind O&M Market to grow to $12 Bn by 2029: WoodMac Updated On Tue, Mar 9th, 2021 by Saurenergy A new report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow to reach USD 12 billion by 2029. Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16 percent annually to reach USD 12 billion (EUR 10 billion) […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
EDF-R, Enbridge & wpd Begin Work on 448 MW Calvados Offshore Wind Farm Updated On Mon, Feb 22nd, 2021 by Saurenergy EDF Renewables, a subsidiary of the EDF Group, EIH S.à r.l, a subsidiary of Enbridge Inc., a North American energy infrastructure company, and wpd, a European renewable energies company, are announcing the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer). This announcement follows the finalisation of financing agreements between the consortium and its financial […] Read more
Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030 Updated On Thu, Feb 18th, 2021 by Saurenergy A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […] Read more
Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership Updated On Thu, Feb 11th, 2021 by Saurenergy Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […] Read more
Europe Invested a Record €26 bn in Offshore Wind in 2020: Report Updated On Tue, Feb 9th, 2021 by Saurenergy Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […] Read more
GE Finalises Supply Contract for Orsted’s 1.1 GW Ocean Wind Offshore Project Updated On Tue, Jan 19th, 2021 by Saurenergy GE Renewable Energy has finalised supply and service contracts with Ocean Wind, the 1.1 GW Ørsted Project off the coast of New Jersey. GE Renewable Energy has announced that it has finalised supply and service contracts with Ocean Wind, the Ørsted Project off the coast of southern New Jersey. Ocean Wind will feature GE’s Haliade-X […] Read more
Siemens Gamesa Wins Its Largest Onshore Wind Farm Order in Vietnam Updated On Mon, Jan 18th, 2021 by Saurenergy Siemens Gamesa has secured its largest order to date in Vietnam for a 117 MW wind farm following a series of both onshore and nearshore projects announced in 2020. The latest addition of a 117 MW wind project in onshore reinforces Siemens Gamesa as one of the leading players in Vietnam’s fast-growing wind industry. Located […] Read more
Infrastructure and Energy Alternatives Secures Wind Construction Contract for 300 MW Project Updated On Wed, Jan 13th, 2021 by Saurenergy Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded a wind construction contract valued at approximately $100 million. Apex Clean Energy, who develops, constructs, and operates utility-scale wind and solar power facilities across […] Read more
