The Norwegian Government wants to allocate 30 GW of offshore wind capacity by 2040. The announcement gives another boost to Europe’s floating wind industry. But uncertainty remains on the licensing schedules and auction design. It’s also unclear how much of the electricity will be exported to mainland Europe. Norway’s Prime Minister Jonas Gahr Støre announced … Continue reading Norway announces big new offshore wind energy targets
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Norway could have 14% share of floating offshore wind market by 2050
Menon Economics, an Oslo consultancy, has forecast that floating offshore wind could create more than 50,000 new jobs and win a 5-14% share of the global floating market by the middle of the century.However, to achieve these aims, the sector urgently needs ‘clarification’ on a range of legal and financial issues. Arvind Nesse, Head of … Continue reading Norway could have 14% share of floating offshore wind market by 2050
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China’s first deep-sea floating wind turbine “Fuyao” towed in Guangdong
At the end of last week, China deployed its largest floating wind turbine as part of a project designed to advance the technology and demonstrate the capabilities of floating wind power generation. According to the reports from CSSC and state media, the giant construction was uniquely designed for deep-sea and challenging conditions, including the ability … Continue reading China’s first deep-sea floating wind turbine “Fuyao” towed in Guangdong
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Acciona Energía takes leading stake in floating offshore wind startup Eolink
Capital growth: ACCIONA Energía led a financing round, acquiring 24% stake in French company Eolink Innovative technology: Eolink has developed a pyramidal floating foundation that is able to naturally rotate and face the wind, optimizing costs and maximizing its performance 5 MW turbine in 2023: The first pre-commercial floating wind turbine is expected to be … Continue reading Acciona Energía takes leading stake in floating offshore wind startup Eolink
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Biden Administration Proposes First California Offshore Wind Lease Sale
In yet another step forward in the Biden-Harris administration’s?pursuit of a clean energy economy, the Department of the Interior today announced the next steps for and welcomed public comment on offshore wind lease sales in two regions on the Outer Continental Shelf offshore California. This is the first-ever offshore wind lease sale proposed on America’s … Continue reading Biden Administration Proposes First California Offshore Wind Lease Sale
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First-ever California offshore wind energy lease sales announced by Department of Interior
The American Clean Power Association (ACP) today applauds the Bureau of Ocean Energy Management (BOEM) and the Department of Interior (DOI) for advancing the first-ever offshore wind lease sale on America’s West Coast. DOI has announced release of a Proposed Sale Notice, which opens a 60-day public comment period and provides detailed information about the … Continue reading First-ever California offshore wind energy lease sales announced by Department of Interior
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Awel y Môr wind farm moves to next phase as proposals formally submitted to the UK Planning Inspectorate
Awel y Môr offshore wind farm, which could provide power for up to 500,000 homes, has passed a key milestone after proposals were submitted to, and accepted for consideration by the UK Planning Inspectorate. The project, which is being developed by RWE Renewables on behalf of the project’s partners, now moves into the ‘pre-examination’ phase … Continue reading Awel y Môr wind farm moves to next phase as proposals formally submitted to the UK Planning Inspectorate
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BW Ideol signs an agreement with EDF Renewables & Maple Power for the upcoming floating wind tender in the Mediterranean Sea
BW Ideol announces today that it has signed an agreement with the consortium made of EDF Renouvelables, a subsidiary of the EDF group, and Maple Power, a joint venture between CPP Investments and Enbridge Inc., to cooperate on the design of floating foundations for the AO6 floating offshore wind tender.This call for tender relates to … Continue reading BW Ideol signs an agreement with EDF Renewables & Maple Power for the upcoming floating wind tender in the Mediterranean Sea
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Negative bidding in wind energy auctions is bad for consumers and bad for the supply chain
A number of governments are now tempted to apply ‘negative bidding’ in their wind energy auctions, to make companies pay them for the right to develop a new wind farm. When renewables auctions started, the idea was that governments would offer some form of financial support to project developers. The most common form of support … Continue reading Negative bidding in wind energy auctions is bad for consumers and bad for the supply chain
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Europe seeks to break dependence on Russia with wind power and solar energy
European plans to abandon dependence on Russian gas and oil and, in the long term, on all hydrocarbons due to the need to make the energy transition against climate change, are beginning to take shape in national projects. After the European Commission announced on Wednesday its RePowerEU plan to boost renewable energy, four governments took … Continue reading Europe seeks to break dependence on Russia with wind power and solar energy
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RWE successfully issues €2 billion green bond in two tranches
RWE has successfully issued a further green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each with maturities in 2026 and 2030. For the first tranche, the yield-to-maturity amounts to 2.2%, based on a coupon of 2.125% p.a. and an issuance price of 99.652%. For the second … Continue reading RWE successfully issues €2 billion green bond in two tranches
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Floating wind project successfully completes the offshore mooring installation
RWE is well on track to become a leader in floating wind and to have one gigawatt either in operation or under construction by 2030. To gain experience early and pave the way for commercial-scale floating wind, RWE is participating in multiple high-profile floating demonstration projects like the DemoSATH pilot project with Saitec Offshore Technologies. … Continue reading Floating wind project successfully completes the offshore mooring installation
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Record figure for wind turbine installation in 2021
Some 30 wind turbine manufacturers installed 104.7 gigawatts (GW) of new wind power capacity in 2021, a record for that year.According to a report by the Global Wind Energy Council (GWEC), this figure corresponds to the assembly of 29,234 wind turbines around the world last year. Medium-speed wind turbines are gaining in popularity, the data … Continue reading Record figure for wind turbine installation in 2021
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Ocean Winds Submits Bid for Hollandse Kust West tender
Ocean Winds, an international offshore wind energy company created by EDP Renewables (EDPR) and ENGIE (50:50), has submitted a bid to the Dutch Government for the Hollandse Kust West (HKW) Wind Farm Zone Site VI and as such the right to develop around 790 MW of offshore wind capacity. Located at a 53 km distance … Continue reading Ocean Winds Submits Bid for Hollandse Kust West tender
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Wind Turbine Suppliers see record year for deliveries
Wind turbine suppliers supplied a new record amount of volume in 2022, according to GWEC’s annual Supply Side Data. According to the report, 30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasing pressure from commodity price increases and logistical problems. … Continue reading Wind Turbine Suppliers see record year for deliveries
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Swedish Government grants permit for offshore wind farm Kriegers Flak
Vattenfall welcomes the Swedish Government’s decision to grant construction permit of an offshore wind farm at Swedish Kriegers Flak. Kriegers Flak in the south of the Baltic sea is the one of Vattenfall’s Swedish offshore wind projects that has come the furthest in its development. Vattenfall’s application covers 40 to 50 wind turbines with a … Continue reading Swedish Government grants permit for offshore wind farm Kriegers Flak
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World’s first hydrogen-producing offshore wind turbine gets GBP 9.3million funding boost
Vattenfall has been awarded GBP 9.3 million in innovation funding from the Net Zero Innovation Portfolio Low Carbon Hydrogen Supply 2 fund by the UK Government. The funding will be used to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine. The pilot project at Vattenfall’s … Continue reading World’s first hydrogen-producing offshore wind turbine gets GBP 9.3million funding boost
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Brazil’s Petrobras sees offshore wind power as alternative for the long-term
The chief executive of Brazil’s state-run oil company Petrobras, Jose Mauro Coelho, said on Wednesday that offshore wind power is among the alternatives being studied by the firm for the long run. Speaking at an event about carbon markets, Coelho said he sees potential synergies between offshore wind power and Petrobras’ leading position in oil … Continue reading Brazil’s Petrobras sees offshore wind power as alternative for the long-term
Continue readingNorth Sea offshore wind power to help repower the EU
Today European Commission President Ursula von der Leyen will participate in an Offshore Wind Summit with German Chancellor Olaf Scholz, Belgian Prime Minister Alexander De Croo, Danish Prime Minister Mette Frederiksen and Dutch Prime Minister Mark Rutte. In a joint declaration they are set to highlight the role of home-grown North Sea offshore wind in … Continue reading North Sea offshore wind power to help repower the EU
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Germany, Belgium, the Netherlands and Denmark to increase offshore wind power capacity tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts (GW) of offshore wind in the North Sea by 2050, Danish Prime Minister Mette Frederiksen told Danish daily Jyllands-Posten. This would be an almost tenfold increase in the European Union’s offshore wind capacity and comes as … Continue reading Germany, Belgium, the Netherlands and Denmark to increase offshore wind power capacity tenfold
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