BP has been awarded the rights to develop two offshore wind farms in the German bidding round, marking its entry into offshore wind power in continental Europe.The two North Sea wind farms, located 130 km and 150 km offshore at sea depths of approximately 40 m, have a generating capacity of 4 GW. Subject to … Continue reading BP enters Germany’s offshore wind power with 4 GW
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TotalEnergies Wins Two Maritime Leases to Develop two Giga Offshore Wind Farms in Germany
TotalEnergies has been awarded by the Bundesnetzagentur (German Federal Network Agency) two marine concessions, N-12.1 and O-2.2, at the end of the auction held in Germany. Located in the North Sea, 170 kilometers off the coast, concession N-12.1 covers an area of around 200 square kilometers. Located in the Baltic Sea 40 kilometers from the … Continue reading TotalEnergies Wins Two Maritime Leases to Develop two Giga Offshore Wind Farms in Germany
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Legislation to Advance Floating Offshore Wind in Gulf of Maine Will Boost Local Economy
The American Clean Power Association (ACP) and RENEW Northeast (RENEW) praised the efforts of Governor Mills, Senator Lawrence, and legislative leaders to craft an agreement on legislation that will foster development of innovative offshore wind facilities. The amended bill, which has been approved and funded by the Appropriations and Financial Affairs Committee, now heads to … Continue reading Legislation to Advance Floating Offshore Wind in Gulf of Maine Will Boost Local Economy
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HVDC Transmission Systems: A Key Player in Offshore Wind Energy Integration
HVDC transmission systems have emerged as a key player in the integration of offshore wind energy, a development that is reshaping the global energy landscape. This is a significant advancement in the pursuit of renewable energy sources, as the world grapples with the urgent need to transition from fossil fuels to more sustainable alternatives. Offshore … Continue reading HVDC Transmission Systems: A Key Player in Offshore Wind Energy Integration
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CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind
On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received – putting it on track to reach its target fund size of EUR 12 billion and become the world’s largest dedicated greenfield renewable energy fund. A … Continue reading CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind
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South American onshore wind power to expand 122% through 2032
41+ GW of new onshore wind projects to be added in 10 years, Brazil to lead activity boosted by direct offtake. Free market expansion will be one of the main drivers of onshore wind growth in the next 10 years in South America. The total wind market is set to add 41.2 gigawatts (GW) of … Continue reading South American onshore wind power to expand 122% through 2032
Continue readingGerman offshore auctions award 7 GW of new wind energy
Today Germany announced the results of its biggest offshore wind auction to date. 7 GW of new capacity were awarded. The auction design required project developers to pay for the right to build their wind farms. This uncapped negative bidding means costs will have to be passed on to consumers, and to the wind supply … Continue reading German offshore auctions award 7 GW of new wind energy
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Iberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
The first green megawatt hours from offshore renewable energy in Brittany The first green megawatts produced from Iberdrola’s Saint-Brieuc offshore wind farm have been connected into the French national electricity grid by its manager, RTE. The project is Iberdrola’s first in France, and only the second offshore wind project to produce power in the country. … Continue reading Iberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
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ACP Statement on Ocean Wind 1 Project Approval
The American Clean Power Association (ACP) released the following statement today from Josh Kaplowitz, Vice President for Offshore Wind, after U.S. Secretary of the Interior Deb Haaland announced final approval from the Bureau of Offshore Energy Management (BOEM) of Ørsted’s proposed Ocean Wind 1 project offshore of New Jersey. “Today’s announcement is a major step … Continue reading ACP Statement on Ocean Wind 1 Project Approval
Continue readingBW Ideol and ADEME Investissement create a joint offshore floating wind development company
BW Ideol, a global leader in offshore floating wind, and ADEME Investissement, a state-owned French financier of innovative infrastructure projects, have today entered into a final agreement for a EUR 40 million funding by ADEME Investissement of BW Ideol’s project development activities.Under the agreement, BW Ideol will transfer its co-development project portfolio to the project … Continue reading BW Ideol and ADEME Investissement create a joint offshore floating wind development company
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Exploring the Potential of Offshore Wind Power in Thailand’s Evolving Energy Landscape
Thailand’s energy market is undergoing a significant transformation, driven by the need to diversify its energy sources, reduce dependence on fossil fuels, and meet the growing demand for electricity. In this context, offshore wind power has emerged as a promising renewable energy source that could help the country achieve its energy goals and contribute to … Continue reading Exploring the Potential of Offshore Wind Power in Thailand’s Evolving Energy Landscape
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Exploring the Impact of Renewable Energy on Ireland’s Energy Market
Ireland has long been known for its lush green landscapes and picturesque countryside, but in recent years, the Emerald Isle has been making a name for itself in another area: renewable energy. As the world grapples with the pressing need to reduce greenhouse gas emissions and combat climate change, Ireland has emerged as a leader … Continue reading Exploring the Impact of Renewable Energy on Ireland’s Energy Market
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The Rise of Renewable Energy in Vietnam
In recent years, Vietnam has emerged as a promising market for renewable energy, driven by rapid economic growth, increasing energy demand, and the need to address environmental concerns. The government has set ambitious targets for renewable energy development, aiming to increase the share of renewables in the total energy mix to 15-20% by 2030 and … Continue reading The Rise of Renewable Energy in Vietnam
Continue readingUS approves construction for Ørsted offshore wind power project off New Jersey
The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States. Approval of Orsted’s (ORSTED.CO) Ocean Wind by the Interior Department is the administration’s latest move … Continue reading US approves construction for Ørsted offshore wind power project off New Jersey
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Ørsted and ESVAGT sign second contract for methanol-powered vessel
In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT. Now the two companies are expanding their partnership on green offshore operations by signing an agreement for a second green service operation vessel. Ørsted and … Continue reading Ørsted and ESVAGT sign second contract for methanol-powered vessel
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China to double wind and solar capacity by 2025, leading the energy transition
China is expected to double its wind and solar capacity by 2025, and achieve the goal of producing 1,200 gigawatts (GW) of solar and wind energy generation by 2030, five years ahead of schedule, a new report has found. Such an outstanding fact prompts reflections on the main trends in the development of the Chinese … Continue reading China to double wind and solar capacity by 2025, leading the energy transition
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China on course to hit wind and solar power target five years ahead of time
China is shoring up its position as the world leader in renewable power and potentially outpacing its own ambitious energy targets, a report has found. China is set to double its capacity and produce 1,200 gigawatts of energy through wind and solar power by 2025, reaching its 2030 goal five years ahead of time, according … Continue reading China on course to hit wind and solar power target five years ahead of time
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Offshore Floating Wind Farms
Offshore floating wind farms have emerged as a promising solution to the global energy crisis, with the potential to revolutionize the renewable energy sector and significantly reduce our reliance on fossil fuels. These innovative structures harness the power of strong, consistent winds over the open ocean, generating clean, sustainable electricity that can be fed back … Continue reading Offshore Floating Wind Farms
Continue readingThe UK’s Offshore Wind Revolution: A Game Changer for the Energy Market
The United Kingdom is currently undergoing a revolution in the energy market, as it rapidly expands its offshore wind capacity. This shift towards renewable energy sources is not only helping the UK to meet its ambitious climate targets but is also transforming the country’s energy landscape and positioning it as a global leader in clean … Continue reading The UK’s Offshore Wind Revolution: A Game Changer for the Energy Market
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Exploring the Untapped Potential of Offshore Wind Energy in Latvia
The potential of offshore wind energy in Latvia has remained largely untapped, despite the country’s strategic location on the eastern coast of the Baltic Sea. With a coastline stretching over 500 kilometers, Latvia has the opportunity to harness the power of wind energy to meet its growing energy demands and contribute to the European Union’s … Continue reading Exploring the Untapped Potential of Offshore Wind Energy in Latvia
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