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offshore wind projects

India To Have 122GW Installed Wind Capacity By 2032: GWEC Report

India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […]

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DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland

Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces.  The Moray West offshore wind farm, developed by Ocean […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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UK Emissions Down By 5% From 2022, Wind Contributes 28% Of Power Generated

The United Kingdom has witnessed a reduction of 53 percent between 1990 and 2023 – down 5 percent from 2022 in cutting emissions, shows the UK’s Department for Energy Security and Net Zero report. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% […]

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Offshore Wind Developer Simply Blue Group Ventures Into Onshore Clean Energy

Offshore wind project developer Simply Blue Group is developing onshore renewable energy parks to power facilities capable of producing sustainable aviation fuel (SAF). The projects, in Canada, Ireland and Australia will process more than 1.5 million tonnes of sustainable biomass annually to produce over 300,000 tonnes of SAF each year. The company currently has a […]

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Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform

Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […]

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US Deploys Seventh GW Scale Sunrise Wind Offshore Commercial Project

The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE

Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […]

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