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offshore wind projects

Europe Invested €43 Bn in 2020 to Cover 20 GW of new Wind Farms

Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record, to fund 20 GW of new projects. Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the […]

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New Solar Projects Accelerate Saudi Vision 2030

Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy.  In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […]

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Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW

The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […]

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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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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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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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German Utility EnBW Building two Subsidy-Free Solar Projects Worth 300 MW

German Utility EnBW is building two more subsidy-free large-scale solar projects in Brandenburg with a capacity of 150 MW each. German Utility Energie Baden-Württemberg i.e. EnBW has announced that it is building two more subsidy-free large-scale solar photovoltaic projects in Brandenburg with a capacity of 150 megawatts (MW) each. These new projects follow on from […]

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