Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
United States Plans Leasing Of 12 Offshore Wind Projects Updated On Thu, Apr 25th, 2024 by Saurenergy The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […] Read more
NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka Updated On Mon, Apr 22nd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […] Read more
India To Have 122GW Installed Wind Capacity By 2032: GWEC Report Updated On Thu, Apr 18th, 2024 by Saurenergy India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […] Read more
DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland Updated On Tue, Apr 16th, 2024 by Saurenergy Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces. The Moray West offshore wind farm, developed by Ocean […] Read more
EU Probes Foreign Subsidies For Chinese Wind Turbines Updated On Wed, Apr 10th, 2024 by Saurenergy After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered cheap turbines and generous finance which distorts the integrity of […] Read more
Vestas Wins 37 MW Wind Power Project In Poland Updated On Thu, Mar 28th, 2024 by Saurenergy Denmark based wind company Vestas received a firm order from Energa Green Development, a subsidiary of the ORLEN Group, for the Szybowice wind farm in Opolskie, Poland. The order consisted of 17 V110-2.0 MW wind turbines in 2.2 MW power mode and included the supply, delivery and commissioning of the wind turbines. Upon completion, Vestas […] Read more
US Deploys Seventh GW Scale Sunrise Wind Offshore Commercial Project Updated On Wed, Mar 27th, 2024 by Saurenergy The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable […] Read more
