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offshore wind projects

Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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MHI Vestas Gets Firm Order for 1140 MW Offshore Wind Project

Seagreen Wind Energy has finalised the turbine supply contract with MHI Vestas for 114 turbines for Scotland’s largest offshore wind farm. MHI Vestas has announced that Seagreen Wind Energy has finalised the turbine supply contract with the manufacturer for 114 turbines for Scotland’s largest offshore wind farm. It was in October 2019, when MHI Vestas […]

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Masdar to Design, Finance, Build and Operate 500 MW Wind Project in Uzbekistan

Masdar has signed an agreement to design, finance, build and operate a 500-MW utility-scale wind farm project in the Republic of Uzbekistan. Leading developer and operator of utility-scale renewable energy projects, Masdar Clean Energy has announced that it has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan […]

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Ford and VW Sign Agreements for Joint Projects Including EVs

Ford and Volkswagen AG (VW) have signed agreements that expand their global alliance by agreeing to work on joint projects including EVs Two of the leading global automobile manufacturers, Ford and Volkswagen AG (VW) have announced they have signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in […]

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Siemens to Supply HV Equipment for 1.6 GW Offshore Wind Farm in US

Siemens has been awarded an order from Semco Maritime to provide the main electrical equipment for the ESP of the 1.6 GW Mayflower Wind offshore project Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower […]

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Top 10 States for Wind Energy Installations and Potential in India

Here we attempt to list the top 10 states for wind energy in India based on the installed capacity and their wind potential (at 120 M agl). India has set a target of installing 175 gigawatts (GW) of renewable energy capacity in the country by 2022, of which a majority is proposed to be met […]

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EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […]

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Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad

A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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