offshore wind

India Had No Offshore Wind Capacity Installation As Of May 2023: GWEC

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, […]

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Offshore Wind Developers To Get Seabed Area On Lease For Five Years

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 […]

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ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

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 […]

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New Deal Will Foster Norway-Poland Collaboration On Offshore Wind

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 […]

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Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape

In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […]

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NTPC Issues Tender Seeking Partners To Venture Into Offshore Wind Business

NTPC Green Energy Limited (NGEL), the green arm of the NTPC Group, has now expressed its intention to venture into the business of offshore wind projects in the country. This sector is now largely untouched in India, with no visible players in sight to undertake large offshore wind projects.  Paving the way for the same, […]

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Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030

Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […]

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CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion

Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […]

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RWE Invests €8 Billion In Green Energy In Q1, 2023

German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […]

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