The seventh edition of the Galician Offshore International Hub (GOinterHUB) began yesterday with various thematic sessions in Ferrol, where more than 400 representatives and organisations from the offshore wind energy sector met. From left to right, Francisco Barea (Ferrol-San Cibrao), Martín Fernández (A Coruña), Ramón Muñoz-Calero (Avilés) and Laureano Louridp (Gijón). The congress, organised by … Continue reading GOinterHUB brings together leaders in offshore wind energy in Ferrol
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DNV tapped to help lenders and investors assess USD 40 billion worth of U.S. offshore wind projects
DNV is performing due diligence to enable the financing of eight offshore wind projects on the United States’ Atlantic Coast. The announcement follows news from DNV’s Energy Transition Outlook 2024 report, which forecasts that about 10 GW of fixed offshore wind is set to be installed in the U.S. between 2040 and 2050. While the … Continue reading DNV tapped to help lenders and investors assess USD 40 billion worth of U.S. offshore wind projects
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Behind the Blades: How Paula Pérez Engineers Equitable Wind Energy Solutions
Paula Pérez is an engineer by training, but to this National Renewable Energy Laboratory (NREL) researcher, engineering is about people. “I’ve always felt that engineering is for solving people problems,” said Pérez, who studies wind energy equity and techno-economic analysis. “I think our work should center the people who will be impacted by it.” With … Continue reading Behind the Blades: How Paula Pérez Engineers Equitable Wind Energy Solutions
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Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
The cost competitiveness of these technologies varies significantly across regions, but overall, renewables are on track to overtake traditional fossil fuel sources. Wood Mackenzie has released five regional Levelised Cost of Electricity (LCOE) reports for 2024, which provide an in-depth analysis of the evolving electricity cost landscape across global markets. These reports, covering Asia Pacific … Continue reading Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing
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Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
Europe must leverage the significant potential for private financing stemming from PPAs. The recent “Draghi Report” on the EU’s competitiveness and economic security singled out PPAs as a key tool for strengthening the EU’s industrial resilience. PPAs have significant benefits: they enable European companies to procure clean energy at competitive and predictable prices. They increase … Continue reading Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
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US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
15 states had at least 30% power from renewables in 2023. Southeastern US sees surge in photovoltaic generation. The US generated about three times as much electricity from solar, wind and geothermal resources in 2023 than it did in 2014, a decade-long stretch that also saw the percentage of national retail power sales from these … Continue reading US 2023 photovoltaic, wind power, geothermal output up 200% from 2014
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Egypt poised to lead wind energy in Middle East with 76 GW capacity by 2050
Egypt is positioned to become a leading force in wind energy within the Middle East, with the capacity to generate an excess of 76 gigawatts per hour by 2050, according to an international study. This capability would solidify its status as a potential leader in clean energy across the region. Published in the journal “Science … Continue reading Egypt poised to lead wind energy in Middle East with 76 GW capacity by 2050
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OX2 to manage a 211 MW wind farm in Finland
OX2 has signed an asset management agreement for Piiparinmäki wind farm with Nuveen Infrastructure. Under the agreement, OX2 will be responsible for the technical, commercial and financial management of the Piiparinmäki wind farm, to ensure optimal asset performance on the behalf of Nuveen Infrastructure, the private infrastructure investment business of $1.2tn global asset manager Nuveen. … Continue reading OX2 to manage a 211 MW wind farm in Finland
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Concern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
The draft bill on fiscal and administrative measures from the Xunta has begun its parliamentary process. The wind sector believes that the text proposes a paradigm shift in relation to the repowering of wind farms, which clashes head-on with the fundamental principles of the existing legal system. The wind sector, understanding that the spirit of … Continue reading Concern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
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Plan for South Africa’s first offshore wind farm takes shape
A consortium of European and local energy companies is planning to build a massive 810MW wind farm off the coast of Richards Bay, with wind turbines taller than the country’s largest skyscrapers. More than 30 land-based wind farms have been built along the windy Cape coastline and in other parts of the country, but there … Continue reading Plan for South Africa’s first offshore wind farm takes shape
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Highest investment period boosts Iberdrola’s results to record levels
Strong operations underpin growth Increased financial strength Shareholder remuneration: record interim dividend: €0.23 per share, an increase of 14%. Record market capitalisation: Record stock market capitalisation highs (close to €90 billion). Improvement in year-end forecasts: 14% increase in full-year net profit, in line with the growth of the interim dividend. Accelerating the Strategic Plan and seizing … Continue reading Highest investment period boosts Iberdrola’s results to record levels
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ACP Statement on Massachusetts Legislation to Advance Offshore Wind and Energy Storage
The American Clean Power Association (ACP) released the following statement from Moira Cyphers, ACP Director for Atlantic Offshore & Eastern State Affairs after comprehensive legislation was introduced in Massachusetts enhancing clean energy deployment. Key features include a major overhaul of energy infrastructure permitting, increased support for renewable sources like wind, solar, and expanded battery storage: … Continue reading ACP Statement on Massachusetts Legislation to Advance Offshore Wind and Energy Storage
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The III Offshore Wind Congress brings together more than 400 experts to promote offshore wind power in Spain
Cádiz hosts the largest offshore wind meeting: challenges and opportunities for SpainThe Wind Energy Association (AEE), together with the Andalusian Renewable Energy Association (CLANER) and the Cádiz Maritime Naval Cluster, are organizing the most important event in the offshore wind sector.More than 400 national attendees and international delegations, the main experts in offshore wind power, … Continue reading The III Offshore Wind Congress brings together more than 400 experts to promote offshore wind power in Spain
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Eletrobras and Ocean Winds sign partnership in offshore wind energy
Eletrobras signed the first Memorandum of Understanding to evaluate business opportunities in the generation of wind energy at sea.Eletrobras and Ocean Winds (OW) signed this Tuesday (22/10) a memorandum of understanding (MoU) to evaluate business opportunities in offshore wind projects in Brazil. This is Eletrobras’ first MoU in this segment. In December 2022, the Brazilian … Continue reading Eletrobras and Ocean Winds sign partnership in offshore wind energy
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Enercon commissions 40 MW Turkish wind farm for Kalyon
German wind turbine manufacturer Enercon GmbH has commissioned all wind turbines at a 40 MW wind farm in Türkiye, Turkey, on behalf of project owner Kalen Enerji, a unit of national energy group Kalyon Enerji. All 10 wind turbines at the Black Sea region site are already supplying electricity to the grid, Enercon said in … Continue reading Enercon commissions 40 MW Turkish wind farm for Kalyon
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German company to implement offshore wind project in Vietnam
German company PNE plans to invest 4.6 billion dollars in an offshore wind project in the central Vietnamese province of Binh Dinh.The German company PNE plans to invest 4.6 billion dollars in an offshore wind project in the central Vietnamese province of Binh Dinh. The information was released during a working meeting on the subject … Continue reading German company to implement offshore wind project in Vietnam
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Wind turbine turned into compact living
Living in a wind turbine? As of today that’s possible. Vattenfall and design studio Superuse converted a nacelle, the top part of a wind turbine, into a tiny house. This nacelle is four metres wide, ten metres long and three metres high and comes from a turbine that stood in Austria for 20 years. With … Continue reading Wind turbine turned into compact living
Continue readingACP Statement on BOEM’s Completion of Environmental Reviews for New York Bight Offshore Wind Lease Areas
The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Bureau of Ocean Energy Management (BOEM) finalized a comprehensive environmental review to evaluate potential wind development activities across six lease areas encompassing more than 488,000 acres in the New York Bight, located offshore New York … Continue reading ACP Statement on BOEM’s Completion of Environmental Reviews for New York Bight Offshore Wind Lease Areas
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First foundations for RWE’s Danish offshore wind farm
RWE has taken an important step in the construction of its offshore wind project Thor in the Danish North Sea: the first batch of eight monopile foundations for the wind turbines were offloaded and stored at the base port of Eemshaven in the Netherlands. The monopiles are up to 100 meters in length and weigh … Continue reading First foundations for RWE’s Danish offshore wind farm
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Photovoltaic and wind power in the third week of October
European electricity market prices rise in the third week of October due to lower renewable energy production and higher demand. In the third week of October, prices in the main European electricity markets remained at similar levels to those observed during the month. Most markets registered higher weekly averages than those of the previous week, … Continue reading Photovoltaic and wind power in the third week of October
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