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offshore wind energy

EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory

EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […]

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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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Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project

Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshorewind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […]

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India and US Agree to Revamp Energy Partnership, Shift Focus to Clean Energy

India and the United States have agreed to revamp their strategic energy partnership with a greater focus on cleaner energy sectors India and the United States have agreed to revamp their strategic energy partnership with a greater focus on cleaner energy sectors, an official statement said. Oil Minister Dharmendra Pradhan Has held an “introductory meeting” with US Secretary of Energy Jennifer Granholm. The two leaders reviewed […]

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Global Wind Power Installations Hit Record Levels in 2020

Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.   China’s National Energy Administration reported 72 GW […]

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UK Govt Announces Promising new Deal in Offshore Clean Energy Shift

UK government has announced a new North Sea Transition Deal with the oil and gas industry. Under the new deal, the government has pledged that the high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future. Providentially, this deal will support workers, businesses, […]

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Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC

2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […]

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India Should Double Down on Renewable to Achieve Energy Targets 2030: Study

India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara.  The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […]

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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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