UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices Updated On Fri, Nov 17th, 2023 by Saurenergy The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
Is Solar Trumping Wind, Again? Updated On Fri, Oct 27th, 2023 by Saurenergy Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […] Read more
Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC Updated On Thu, Oct 26th, 2023 by Saurenergy The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […] Read more
India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC Updated On Tue, Oct 10th, 2023 by Saurenergy The ‘GWEC Global Offshore Wind 2023’ report cites that for fulfilling demand for large offshore wind, and turbine installation of vessels requires trained workforce with adequate operational knowhow for regional cooperation in the APAC Asia–Pacific region. The study finds that its timely deployment will foster cooperation especially in new markets such as India, the Philippines, […] Read more
Offshore Wind Developers To Get Seabed Area On Lease For Five Years Updated On Thu, Sep 28th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued norms for the tenders for allocating seabed to develop offshore wind projects. It comes when the ministry has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu. As per the norms, the National Institute of Wind Energy […] Read more
ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
New Deal Will Foster Norway-Poland Collaboration On Offshore Wind Updated On Tue, Aug 29th, 2023 by Saurenergy Norwegian Offshore Wind- the largest representative offshore wind body in Norway, on behalf of 380 members, has signed an MOU with The Polish Investment and Trade Agency, aiming to boost offshore wind collaboration between the two countries. The Memorandum of Understanding was signed in Warsaw this week. “The two markets have different strengths within offshore […] Read more
