Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK Updated On Thu, Dec 3rd, 2020 by Saurenergy Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […] Read more
REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
Vestas wins 328 MW order for two wind projects in Australia Updated On Fri, Nov 27th, 2020 by Saurenergy In partnership with Global Power Generation, a subsidiary of the multinational power company Naturgy Group, Vestas has secured a 328 MW deal for two wind projects in Victoria, Australia. The order includes supply and installation of 52 V136-4.2 MW wind turbines for the Ryan Corner Wind Farm as well as the engineering, procurement and construction of […] Read more
Equinor and SSE Reach Financial Close on World’s Biggest Offshore Wind Farm Updated On Fri, Nov 27th, 2020 by Saurenergy Dogger Bank wind farm owners, Equinor and SSE, have announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within offshore […] Read more
BHE Canada Signs contract with Siemens Gamesa for Rattlesnake Ridge Wind Project Updated On Thu, Nov 26th, 2020 by Saurenergy BHE Canada has signed a contract with Siemens Gamesa Renewable Energy (SGRE) to provide 26 5.0 megawatt wind turbines for the proposed Rattlesnake Ridge Wind Power Project in southeast Alberta. “Siemens Gamesa has extensive experience in Canada’s renewable energy industry, and this project takes the company’s total fleet to 3.5 gigawatts of installed energy capacity […] Read more
Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm Updated On Wed, Nov 25th, 2020 by Saurenergy Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […] Read more
Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis Updated On Tue, Nov 24th, 2020 by Saurenergy Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […] Read more
Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
Boralex Becomes the Sole Owner of 3 Quebec Wind Farms, with 296 MW Capacity Updated On Mon, Nov 23rd, 2020 by Saurenergy Boralex Inc has announced that it has entered into a definitive agreement to acquire the full 49% equity stake held by the Caisse de dépôt et placement du Québec (CDPQ) in 3 wind farms in Quebec, already 51% owned by Boralex. CDPQ’s 49% equity stake represents 145 MW net installed capacity and the three wind […] Read more
