EU Works for Timely Realisation of 300MW Offshore Wind Target Updated On Thu, Feb 17th, 2022 by Saurenergy In a report adopted by the European Parliament, the Members of European Parliament (MEPs) have charted out a roadmap on faster deployment of offshore wind in the continent to timely arrest global warming and climate change. This is in line with the ‘EU Offshore Renewable Energy Strategy’ that sets out the goals of reaching 60 […] Read more
Sweden Embarks on 120 TWh Offshore Wind Energy Updated On Thu, Feb 17th, 2022 by Saurenergy Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
European JV to Make Offshore Wind Floater for 15MW Turbines Updated On Thu, Feb 10th, 2022 by Saurenergy French engineering and technology company Technip Energies has acquired a 16.3% stake in Spanish renewable energy startup X1 Wind, which claims to have designed an innovative and disruptive offshore wind turbine floater with major environmental and operational benefits. The two companies will collaborate on the development of the first commercial-scale demonstrator, as well as the related industrialization and […] Read more
ABB to Upgrade Eneti’s Offshore Wind Installation Vessels Updated On Tue, Feb 8th, 2022 by Saurenergy South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […] Read more
NREL Study On Storage Requirements Finds High Alignment With PV, Over Wind Updated On Tue, Jan 25th, 2022 by Saurenergy The United States National Renewable Energy Laboratory’s (NREL) latest Storage Futures Study (SFS) reports is out. The SFS is a multiyear research project that explores the role and impact of energy storage in the evolution and operation of the U.S. power sector. Designed to examine the potential impact of energy storage technology advancement on the […] Read more
Siemens Energy Cuts Outlook as Fresh Problems Emerge at Wind Unit Updated On Fri, Jan 21st, 2022 by Saurenergy Siemens Energy on Thursday cut its outlook after wind division Siemens Gamesa warned of prolonged supply chain issues, renewing pressure on the German firm to fully take over the unit in order to get a better handle on its problems. Siemens Energy, which owns 67% in Siemens Gamesa, said it now expects a margin on […] Read more
Neoen Commences Early Works on 412MW Wind Project in S. Australia Updated On Wed, Jan 19th, 2022 by Saurenergy Renewable energy producer Neoen has finally launched its flagship Goyder Renewables Zone project in South Australia. Notice to proceed was given to a consortium of GE Renewable Energy and Elecnor in late December 2021 for the construction of a 412 MW wind farm known as Goyder South Stage 1. The wind farm will consist of […] Read more
Fortum Teams Up with Russia’s Bank GPG for Wind JV Updated On Tue, Jan 18th, 2022 by Saurenergy Finnish state-owned energy company Fortum has announced that it is initiating cooperation in wind power generation in Russia with Bank GPB. For this purpose, 1.3 GW portfolio of wind projects is being transferred from the Fortum-Rusnano Wind Investment fund (50/50 joint venture) to a joint venture recently established with Bank GPB, the company said in […] Read more