Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
Vattenfall Takes FID, Begins Construction on 1.5 GW Offshore Wind Farm Updated On Fri, Jun 5th, 2020 by Saurenergy Vattenfall has taken the FID for the Hollandse Kust Zuid 1-4 offshore wind farm and is proceeding with the construction at the 1.5 GW wind farm. Swedish state-owned multinational power company, Vattenfall has announced that it has taken the Final Investment Decision (FID) for the Hollandse Kust Zuid 1-4 offshore wind farm and that it […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
India Wind Targets are Sensitive to Policy and Regulations: GWEC Updated On Wed, Jun 3rd, 2020 by Saurenergy India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019. The technical potential at 120-meter hub height is a whopping 695 GW, according to the National Institute of Wind Energy, and the government has set a wind capacity target of 60 GW by 2022 and 140 GW […] Read more
Goldwind Secures 50 MW Wind Turbines Order in Pakistan Updated On Wed, Jun 3rd, 2020 by Saurenergy Goldwind has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for the ACTII project in Pakistan. Chinese multinational wind turbine manufacturer, Goldwind has announced that it has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for ACTII […] Read more
EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm Updated On Tue, Jun 2nd, 2020 by Saurenergy EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […] Read more
COVID-19 Intensifies Need to Expand Sustainable Energy Solutions Globally Updated On Tue, Jun 2nd, 2020 by Saurenergy A new report has found that the world will fall short of ensuring universal access to affordable, reliable, and sustainable energy by 2030 unless efforts are scaled up significantly Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless […] Read more
Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant Updated On Mon, Jun 1st, 2020 by Saurenergy Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW […] Read more
