After Solar & Wind, Adani Green Bets Big On PSP Business Updated On Tue, May 7th, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […] Read more
News in Brief May 6 – US Wind Generation Drop, Engie, Sungrow in Africa Updated On Mon, May 6th, 2024 by Saurenergy Sungrow Sings Pact With Two South African Firms Global inverter and energy storage company Sungrow has signed an agreement with two South African distribution companies to increase its footprint in the African market. This included its agreement with Herholdt’s and ARB. The global company said the attempt would solidify its presence in South Africa’s renewable energy sector. […] Read more
Inox Wind Sales Rise 176.6% to Rs 527.73 Crore In Q4 FY24 Updated On Sat, May 4th, 2024 by Saurenergy Wind energy solutions provider Inox Wind Ltd continued its strong turnaround in Fy 24, as it reported a consolidated net profit of Rs 38 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter last year, Inox Wind had posted a net loss of Rs 115 crore. Sales rose 176.66% to […] Read more
Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report Updated On Wed, May 1st, 2024 by Saurenergy The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […] Read more
Renewable Power Capital Inks Deal With P&G For 140 MW Sweden Wind Farm Updated On Fri, Apr 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Procter & Gamble have signed a 10-year Power Purchase Agreement (PPA) for more than 90% of the electricity generated by the 140MW Sörlidberget onshore wind farm in Sweden, corresponding to an expected 400 GWh per annum of green electricity. According to Renewable Power Capital, Sörlidberget forms part of RPC’s 553MW […] 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
Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea Updated On Wed, Apr 24th, 2024 by Saurenergy Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […] Read more
Green Volt Receives Order For Floating Wind Project in Europe Updated On Tue, Apr 23rd, 2024 by Saurenergy Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […] Read more
Statkraft To Provide Wind, Hydro Energy To German Railway Company Updated On Fri, Apr 19th, 2024 by Saurenergy Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […] Read more
