Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again Updated On Mon, Jul 3rd, 2023 by Saurenergy Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon Updated On Thu, Jun 22nd, 2023 by Saurenergy Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
Despite A Volatile Market, Wind Energy Blows Strong Updated On Fri, Jun 16th, 2023 by Saurenergy It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade. Global Trends 2023: Big Start, Bigger Finish The wind sector is back […] Read more
Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
OX2, Tuulialfa To Construct Six Wind Projects Worth 1.2 GW Updated On Fri, Jun 2nd, 2023 by Saurenergy Swedish renewable energy company OX2 has announced that it has signed an agreement with Finnish clean energy player Tuulialfa for the development and construction of an onshore wind power portfolio in North Ostrobothnia and Lapland in Finland. The total capacity of the project is slated to be approximately 1,200 megawatts (MW). OX2 said that the […] Read more
Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity Updated On Fri, Jun 2nd, 2023 by Saurenergy Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […] Read more
FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more