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offshore wind

6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC

The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […]

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868,000 Jobs in Offshore Wind Energy Segment by 2030: Rystad

There is one energy segment, according to Rystad Energy analysis, that will be the new hiring haven for energy jobs- offshore wind. The COVID-19 downturn has caused employment rates to plummet in different energy industries. As industries return to normal, employment rates are expected to gradually pick up, however, there is one energy segment, according […]

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EDF-R, Enbridge & wpd Begin Work on 448 MW Calvados Offshore Wind Farm

EDF Renewables, a subsidiary of the EDF Group, EIH S.à r.l, a subsidiary of Enbridge Inc., a North American energy infrastructure company, and wpd, a European renewable energies company, are announcing the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer). This announcement follows the finalisation of financing agreements between the consortium and its financial […]

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Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030

A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […]

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Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain

Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […]

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Ørsted, PGE Form JV for 2.5 GW Offshore Wind Projects in Baltic Sea

Ørsted and PGE will form a 50/50 JV for the development and operation of two offshore wind projects in the Baltic Sea worth 2.5 GW. Ørsted and PGE Polska Grupa Energetyczna (PGE) have signed an agreement to form a 50/50 joint venture (JV) for the development, construction and operation of two offshore wind projects in […]

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Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership

Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […]

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Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope

On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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