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offshore wind projects

Global Wind Energy Market to Reach $124.6 bn by 2030

Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […]

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Siemens Gamesa Bags 254 MW Wind Energy Plant Order in Sweden

Siemens Gamesa has announced that it has secured an order to supply the 254 MW Stavro project, its largest ever onshore wind order in Sweden. Siemens Gamesa Renewable Energy (SGRE) has announced that it has secured an order to supply the Stavro project, its largest ever onshore wind order in Sweden. The 62 turbines with […]

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Shell to Boost Floating Wind Expertise Via EOLFI Acquisition

However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […]

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Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA

Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […]

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Massachusetts Selects 804 MW Mayflower Wind Proposal

Mayflower Wind has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state Mayflower Wind Energy, a joint venture of Shell New Energies and EDPR Offshore North America (EDPR), has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from […]

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ABB to Connect World’s Largest Offshore Wind Project to UK Grid

ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […]

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PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project

PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […]

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Siemens Gamesa Gets Firm Order for 376 MW Offshore Wind Project

Siemens Gamesa received a firm order from partners Macquarie’s GIG and Swancor Renewable Energy for the 376 MW Formosa 2 offshore wind project. The launch of the 376 MW Formosa 2 offshore wind farm project in Taiwan took a step closer to construction after Siemens Gamesa RE announced that it has received a firm order […]

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RES Secures Permit for Wind Plus Storage Project in Australia

RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […]

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