Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units Updated On Thu, Aug 19th, 2021 by Saurenergy Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […] Read more
10% Hike in Store for Wind Turbine Prices, says WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy According to new analysis from Wood Mackenzie, wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges. As noted in a recent Wood Mackenzie report, a rise in steel, copper, aluminium, and fibre prices, coupled with […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
MNRE Issues RLMM List For Wind Turbines Updated On Thu, Aug 12th, 2021 by Saurenergy The Revised list of models and manufacturers (RLMM) for Wind turbines in India has none of the surprises one associates with the ALMM (Approved list of Module Maufacturers) list for solar producers. For where the ALMM list is restricted to domestic manufacturers for now, the RLMM list has as many as 9 out of 14 […] Read more
Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
Masdar & EDF led 400MW Wind Farm in Saudi Arabia Begins Generation Updated On Mon, Aug 9th, 2021 by Saurenergy The 400 MW utility-scale wind power project, developed by a consortium led by EDF Renewables and Masdar, two of the world’s leading renewable energy companies, has started to produce electricity. The wind farm is claimed to be the largest and first in the Kingdom of Saudi Arabia. Called Dumat Al Jandal, it has been successfully […] Read more
Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s Updated On Wed, Aug 4th, 2021 by Saurenergy Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […] Read more
Vestas to Supply 16 Turbines to 58 MW Wind Farm in NSW Updated On Wed, Aug 4th, 2021 by Saurenergy Danish wind turbine maker Vestas and its partner Global Power Generation, a subsidiary of the multinational power company Naturgy Group, have secured a 58 MW deal for Crookwell 3 Wind Farm in New South Wales, Australia. The project will feature sixteen V126-3.45 MW wind turbines in 3.6 MW operating mode which Vestas will supply and […] Read more
