Wind Now Provides 14% of Europe’s Electricity Updated On Fri, Feb 22nd, 2019 by Saurenergy Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […] Read more
EDF and SITAC Sign PPA for 300 MW Wind Project in India Updated On Mon, Feb 4th, 2019 by Saurenergy Construction of the wind farm will start in 2019. EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project recently awarded by the Indian government. This power purchase agreement (PPA) was […] Read more
China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
ReNew Power Selects GE for 300 MW Gadhsisa Wind Farm Updated On Fri, Dec 21st, 2018 by Saurenergy The wind farm with a proposed installed capacity of 300 MW will be GE Renewable Energy’s largest full turnkey project in India, the statement said. US wind turbines major GE Renewable Energy has been selected by India’s ReNew Power to procure 120 GE 2.5-132 turbines for Gadhsisa Wind Farm in Gujarat, according to a statement […] Read more
Siemens Gamesa Bags 201 MW Wind Turbines Order from Enel Russia Updated On Fri, Dec 14th, 2018 by Saurenergy The scope of work includes supply, installation and commissioning of 57 Siemens Gamesa 3.X platform turbines at the Kola wind farm. Siemens Gamesa Renewable Energy has announced that it has bagged its second order in Russia from Enel Russia, one of the country’s independent power producer, for the supply of 201 MW of wind turbines. […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
