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offshore wind

European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland

Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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Germany’s Renewable Energy Capacity Increased By 12% YoY

The Bundesnetzagentur, a German energy regulatory office in its preliminary figures on growth in renewable capacity in 2023, found an increase in Renewable Energy (RE) installed capacity by 17 gigawatts (GW). This represents a year-on-year (YoY) increase of 12%. The increase is mainly accounted for by solar and wind. According to this data shared by Bundesnetzagentur […]

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Germany’s Renewable Energy Generation Witnesses 5% Rise YoY

The Bundesnetzagentur, a German energy regulatory office published its electricity market data for 2023. In mentioned an increase in share of renewable energy generation in 2023, especially in the market share of the grid load. It estimated that the electricity generated from renewable sources stood at 55.0 percent, a rise from 48.42% in 2022. It […]

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The 2023 Playback- What Our Most Read Stories Tell Us

As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […]

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Appointed Person – Installation Procedure Engineer

Responsibilities:- Part of the Construction Management Team, reporting to the Technical Manager and supporting Offshore Installation Manager, Project Manager Site Manager and Offshore Installation Operations Manager, with responsibilities for all aspects of offshore tagline operations and lifting activities during offshore construction management. Ensure the crane operators contractor(s) conducts LMRAs – last minute risk assessments – […]

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