The Department of the Interior has announced that it will conduct the first lease sale of offshore wind energy in the Gulf of Mexico. This initiative is part of the Biden-Harris administration’s efforts to deploy 30 gigawatts (GW) of offshore wind power by 2030 and achieve a carbon-neutral power sector by 2035. The lease sale … Continue reading Offshore wind lease sale in the Gulf of Mexico
Continue readingCategory Archives: offshore
ACP Applauds Final Sale Notice for Gulf of Mexico Offshore Wind Lease
The American Clean Power Association (ACP) released the following statement from Josh Kaplowitz, Vice President for Offshore Wind, in response to the Bureau of Offshore Energy Management’s (BOEM) decision to issue a Final Sale Notice for the first ever offshore wind lease in the Gulf of Mexico and President Biden’s speech in Philadelphia today hailing … Continue reading ACP Applauds Final Sale Notice for Gulf of Mexico Offshore Wind Lease
Continue reading
Offshore wind: German auction wins show Big Oil has not left the party
Big Oil has once again delved into its deep pockets to win material acreage for offshore wind generation projects. It’s a timely demonstration to stakeholders, especially by BP, that renewable power remains part of its low-carbon strategy. It’s also a reminder to the wider offshore wind sector that Big Oil has not left the party. … Continue reading Offshore wind: German auction wins show Big Oil has not left the party
Continue reading
Biden will visit the Philly Shipyard to announce the construction of a ship for offshore wind
The first offshore wind lease in the Gulf of Mexico is also moving forward.President Joe Biden will visit a Philadelphia shipyard on Thursday to announce the construction of a new offshore wind vessel as part of the administration’s continued push into manufacturing and clean energy. President Joe Biden is set to travel Thursday to Philly … Continue reading Biden will visit the Philly Shipyard to announce the construction of a ship for offshore wind
Continue reading
Dominion Energy’s Coastal Virginia Offshore Wind Power Program
Dominion Energy’s offshore wind program off the Virginia coast is an ambitious project aimed at revolutionizing renewable energy production in the United States. At the heart of this program are two colossal wind turbines, taller than the Washington Monument, located 27 miles off the coast of Virginia Beach. These turbines serve as a pilot project … Continue reading Dominion Energy’s Coastal Virginia Offshore Wind Power Program
Continue reading
Offshore Wind Farm in Fujian Starts Generating Electricity
The world’s first 16-megawatt offshore wind turbines have begun generating electricity by connecting to the grid at the Fujian Offshore Wind Power Plant. This marked the global prominence of China’s competition in developing and manufacturing large-capacity offshore wind turbines. The aforementioned 16-megawatt offshore wind turbine can generate more than 66 million kilowatt-hours of electricity per … Continue reading Offshore Wind Farm in Fujian Starts Generating Electricity
Continue reading
ACP Statement on Revolution Wind Farm Final EIS
The American Clean Power Association (ACP) released the following statement today from Josh Kaplowitz, Vice President for Offshore Wind, after the U.S. Bureau of Ocean Energy Management (BOEM) announced the availability of the final Environmental Impact Statement (FEIS) for the proposed Revolution Wind Farm project offshore of Rhode Island. This is the final step before … Continue reading ACP Statement on Revolution Wind Farm Final EIS
Continue reading
Solar and Wind to Generate a Third of Global Electricity by 2030
Solar and wind power generation is expected to triple by 2030, according to a report by the Rocky Mountain Institute. This significant growth is set to disrupt the global electricity sector and presents a promising opportunity for renewable energy investors. “The fossil fuel era is over,” states the report published by RMI. It predicts that … Continue reading Solar and Wind to Generate a Third of Global Electricity by 2030
Continue reading
EOI and AEE sign agreement to launch Offshore Wind Energy Program
The School of Industrial Organization and the Wind Energy Business Association sign an agreement for the launch of the I Executive Program in Offshore Wind Energy.Participants will have the opportunity to learn from experts from the main companies in the sector and acquire the knowledge and skills necessary to join the offshore wind sector.The program … Continue reading EOI and AEE sign agreement to launch Offshore Wind Energy Program
Continue reading
Wind energy: Toshiba and GE create Japanese supply chain for offshore wind turbines
Toshiba aims to form a supply chain for offshore wind turbines in Japan, Nikkei has learned, with an eye toward creating a network of 100 suppliers with General Electric. The partners will provide assistance ranging from developing components to production, soliciting smaller companies in such areas as Akita, in Japan’s northwest, that have conditions suited for offshore wind power. … Continue reading Wind energy: Toshiba and GE create Japanese supply chain for offshore wind turbines
Continue readingBP enters Germany’s offshore wind power with 4 GW
BP has been awarded the rights to develop two offshore wind farms in the German bidding round, marking its entry into offshore wind power in continental Europe.The two North Sea wind farms, located 130 km and 150 km offshore at sea depths of approximately 40 m, have a generating capacity of 4 GW. Subject to … Continue reading BP enters Germany’s offshore wind power with 4 GW
Continue readingTotalEnergies Wins Two Maritime Leases to Develop two Giga Offshore Wind Farms in Germany
TotalEnergies has been awarded by the Bundesnetzagentur (German Federal Network Agency) two marine concessions, N-12.1 and O-2.2, at the end of the auction held in Germany. Located in the North Sea, 170 kilometers off the coast, concession N-12.1 covers an area of around 200 square kilometers. Located in the Baltic Sea 40 kilometers from the … Continue reading TotalEnergies Wins Two Maritime Leases to Develop two Giga Offshore Wind Farms in Germany
Continue reading
Legislation to Advance Floating Offshore Wind in Gulf of Maine Will Boost Local Economy
The American Clean Power Association (ACP) and RENEW Northeast (RENEW) praised the efforts of Governor Mills, Senator Lawrence, and legislative leaders to craft an agreement on legislation that will foster development of innovative offshore wind facilities. The amended bill, which has been approved and funded by the Appropriations and Financial Affairs Committee, now heads to … Continue reading Legislation to Advance Floating Offshore Wind in Gulf of Maine Will Boost Local Economy
Continue reading
HVDC Transmission Systems: A Key Player in Offshore Wind Energy Integration
HVDC transmission systems have emerged as a key player in the integration of offshore wind energy, a development that is reshaping the global energy landscape. This is a significant advancement in the pursuit of renewable energy sources, as the world grapples with the urgent need to transition from fossil fuels to more sustainable alternatives. Offshore … Continue reading HVDC Transmission Systems: A Key Player in Offshore Wind Energy Integration
Continue reading
CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind
On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received – putting it on track to reach its target fund size of EUR 12 billion and become the world’s largest dedicated greenfield renewable energy fund. A … Continue reading CIP reaches first close on CI V at nearly EUR 6 billion – set to become the world’s largest fund of its kind
Continue reading
South American onshore wind power to expand 122% through 2032
41+ GW of new onshore wind projects to be added in 10 years, Brazil to lead activity boosted by direct offtake. Free market expansion will be one of the main drivers of onshore wind growth in the next 10 years in South America. The total wind market is set to add 41.2 gigawatts (GW) of … Continue reading South American onshore wind power to expand 122% through 2032
Continue readingGerman offshore auctions award 7 GW of new wind energy
Today Germany announced the results of its biggest offshore wind auction to date. 7 GW of new capacity were awarded. The auction design required project developers to pay for the right to build their wind farms. This uncapped negative bidding means costs will have to be passed on to consumers, and to the wind supply … Continue reading German offshore auctions award 7 GW of new wind energy
Continue reading
Iberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
The first green megawatt hours from offshore renewable energy in Brittany The first green megawatts produced from Iberdrola’s Saint-Brieuc offshore wind farm have been connected into the French national electricity grid by its manager, RTE. The project is Iberdrola’s first in France, and only the second offshore wind project to produce power in the country. … Continue reading Iberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
Continue reading
ACP Statement on Ocean Wind 1 Project Approval
The American Clean Power Association (ACP) released the following statement today from Josh Kaplowitz, Vice President for Offshore Wind, after U.S. Secretary of the Interior Deb Haaland announced final approval from the Bureau of Offshore Energy Management (BOEM) of Ørsted’s proposed Ocean Wind 1 project offshore of New Jersey. “Today’s announcement is a major step … Continue reading ACP Statement on Ocean Wind 1 Project Approval
Continue readingBW Ideol and ADEME Investissement create a joint offshore floating wind development company
BW Ideol, a global leader in offshore floating wind, and ADEME Investissement, a state-owned French financier of innovative infrastructure projects, have today entered into a final agreement for a EUR 40 million funding by ADEME Investissement of BW Ideol’s project development activities.Under the agreement, BW Ideol will transfer its co-development project portfolio to the project … Continue reading BW Ideol and ADEME Investissement create a joint offshore floating wind development company
Continue reading
