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offshore wind energy

Will Europe Give In To Rising Dominance of China in Global Wind Energy?

Wind energy is arguably the second most impactful industry in the global renewable world, after solar. The sector continued its impressive growth in 2023, setting a new record for global new wind turbine installations, 34 per cent higher than in 2022. The world installed added over 116 Gigawatt (GW) of new wind capacity during the […]

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Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal

Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […]

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Global Floating Wind Industry Reached 270 GW In FY24: IRENA

While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […]

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US Plans $65Bn Investment In Offshore Wind, But Faces Constraints

The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which projected the clean power industry to invest $65 billion in offshore wind projects by 2030. This can support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW under active […]

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Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study

Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […]

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MNRE Revises Rule For Micrositing Of Onshore Wind Turbines

The Ministry of New and Renewable Energy (MNRE) recently issued an amendment to the guidelines for onshore wind project development, updating the 2016 framework to emphasize optimizing energy production through precise micrositing of wind turbine generators. This amendment enables developers and investors to strategically place turbines within available land, fostering repowering and intercropping initiatives without […]

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Maersk Sets Up Maersk Offshore Wind To Provide Installation Support

Denmark based Global Container Shipping and logistics major AP Moller Maersk has launched Maersk Offshore Wind, that will provide installation services to the offshore wind market based on a new and state-of-the-art offshore Wind Installation Vessel (Maersk WIV) concept. The firm claims that the design and concept are estimated to reduce the installation time of […]

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SolarDuck, RWE Install Offshore Floating Solar Pilot Off Dutch Coast

Dutch-Norwegian company SolarDuck, together with RWE, has installed its offshore floating solar (OFPV) pilot project ‘Merganser’ 12 km off the Dutch coast. The pilot project aims to test and demonstrate the structural, mooring, and electrical designs and acquire knowledge about manufacturing, assembly, offshore installation, and maintenance methodologies required for large-scale commercial deployment of OFPV. Merganser […]

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SolarinBlue Obtains €6 Million Public Funding For French Offshore Wind Project

SolarinBlue’s offshore solar success story continues in the Mediterranean Sea. SolarinBlue, a French deeptech start-up, develops a floating photovoltaic solar solution specially designed for the maritime environment. SolarinBlue and its partners have secured major public support for their new pre-commercial demonstrator Méga Sète. Funding of 6 million euros has been granted by the French Government […]

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