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Offshore Wind Power Emerges Out of Shadows

The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […]

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Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal

Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […]

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US Plans $65Bn Investment In Offshore Wind, But Faces Constraints

The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which projected the clean power industry to invest $65 billion in offshore wind projects by 2030. This can support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW under active […]

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Maersk Sets Up Maersk Offshore Wind To Provide Installation Support

Denmark based Global Container Shipping and logistics major AP Moller Maersk has launched Maersk Offshore Wind, that will provide installation services to the offshore wind market based on a new and state-of-the-art offshore Wind Installation Vessel (Maersk WIV) concept. The firm claims that the design and concept are estimated to reduce the installation time of […]

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SolarDuck, RWE Install Offshore Floating Solar Pilot Off Dutch Coast

Dutch-Norwegian company SolarDuck, together with RWE, has installed its offshore floating solar (OFPV) pilot project ‘Merganser’ 12 km off the Dutch coast. The pilot project aims to test and demonstrate the structural, mooring, and electrical designs and acquire knowledge about manufacturing, assembly, offshore installation, and maintenance methodologies required for large-scale commercial deployment of OFPV. Merganser […]

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Solis Inverters Make Strides In Offshore Deployments

Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This development follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National Solar Photovoltaic Quality Inspection Centre (CPVT) and CIMC Jiguang. This […]

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SolarinBlue Obtains €6 Million Public Funding For French Offshore Wind Project

SolarinBlue’s offshore solar success story continues in the Mediterranean Sea. SolarinBlue, a French deeptech start-up, develops a floating photovoltaic solar solution specially designed for the maritime environment. SolarinBlue and its partners have secured major public support for their new pre-commercial demonstrator Méga Sète. Funding of 6 million euros has been granted by the French Government […]

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Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL

The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […]

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