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floating offshore wind

Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade

The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […]

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RWE’s Panther Creek III Wind Farm Undergoes Repower

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: “Repowering Panther Creek III allows us to increase our earnings for this site. In addition, we are able to capture up-to-date turbine efficiency improvements, extending the lifetime of this facility. Panther Creek III has been an excellent performer for us in the past and […]

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Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050

After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […]

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Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain

Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […]

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EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France

EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […]

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Bechtel Supports RE Technology to Accelerate UK Offshore Wind Generation

Hexicon, Swedish floating windfarm developer and technology provider and Bechtel are partnering to deliver large-scale offshore floating wind projects along the British coastline and abroad. Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K. The floating technology could be […]

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SJVN Wins 288 MW Of PTC Wind Assets With ₹2000 Cr Bid

SJVN, a  joint venture of the Government of India (GOI) and the Government of Himachal Pradesh , has won the auction for 288 MW of wind power assets spread across Madhya Pradesh, Karnataka, and Andhra Pradesh, owned by Power Trading Corporation India (PTC Limited). PTC India has been on a mission to exit its wind […]

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Innovations in Floating Wind Technologies Key to Further Cost Reductions

Floating offshore wind is maturing and has performed significant cost reductions over the past years. The technology allows Europe to unlock its full offshore wind potential and enables more countries to benefit from offshore wind in reaching their green transition objectives. Research and innovation remain key to the future competitiveness of floating offshore wind: the […]

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Japan Closes 2020 With 4,372 MW of Wind Power Capacity: JWPA

Japan Wind Power Association (JWPA) has released a detailed report, announcing Japan’s total generated wind power in 2020. According to the data provided, the countryi installed a wind power generation capacity of 4,372 MW across 2,531 generating units by the end of December 2020. JWPA surveyed and then announced cumulative installed capacity. Also, JWPA declares […]

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