Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Total Enters 640 MW Offshore Wind Project Under Construction in Taiwan Updated On Fri, Apr 30th, 2021 by Saurenergy Total will acquire a 23 percent interest in Yunlin Holding, the owner of 640 MW Yunlin offshore wind farm located off the coast of Taiwan Total has signed an agreement with wpd to acquire a 23 percent interest in Yunlin Holding GmbH, the owner of Yunlin offshore wind farm located off the coast of Taiwan, […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050 Updated On Mon, Apr 19th, 2021 by Saurenergy After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […] Read more
Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project Updated On Thu, Apr 1st, 2021 by Saurenergy Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshore wind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […] Read more
Improving Data Exchange Between Wind Farms and Power System key to Cost-Effective Energy Transition Updated On Wed, Mar 31st, 2021 by Saurenergy With increasing shares of distributed energy, seamless data exchange between power generation assets and grid operators is central to a cost effective management of the energy system. Clear guidance at EU level and consistent implementation at national level can reduce system operation costs. And they can make the EU power system more secure and reliable. […] Read more
Global Wind Power Installations Hit Record Levels in 2020 Updated On Tue, Mar 30th, 2021 by Saurenergy Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record. China’s National Energy Administration reported 72 GW […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
GE Secures 2nd Wind Farm Project in Binh Thuan Province of Vietnam Updated On Wed, Mar 24th, 2021 by Saurenergy GE Renewable Energy announced that it has been awarded a contract by Vietnam Join-Stock Construction Electricity Corporation (VNECO) to supply a total of eight of GE’s 3.8-137 MW wind turbines to support construction of the Thuan Nhien Phong (TNP) wind farm in Binh Thuan province, in the South-Central Coastal region of Vietnam. The contract also provides a […] Read more
