Siemens Gamesa minority shareholders approved a capital reduction for the remaining 2.21% of shares not held by Siemens Energy in the Extraordinary General Meeting of Shareholders held on June 13, paving the way for a full integration of both companies. The capital reduction was approved by 98.21% of the minority shareholders attending in person or … Continue reading Minority shareholders of Siemens Gamesa approve capital reduction, paving way for complete integration into Siemens Energy
Continue readingCategory Archives: offshore
Scaled-up Investments and Enabling Frameworks Will Unlock Offshore Renewables Potential
The latest climate report by the Intergovernmental Panel on Climate Change states that the international community is very unlikely to limit the global temperature rise to 1.5°C, if immediate action is not taken. Offshore renewables – such as offshore wind and ocean energy – have significant potential to accelerate the global energy transition and create … Continue reading Scaled-up Investments and Enabling Frameworks Will Unlock Offshore Renewables Potential
Continue reading
The Rise of Wind Energy Across the Globe
As the world continues to grapple with the challenges of climate change and the urgent need to reduce greenhouse gas emissions, renewable energy sources have emerged as a vital solution. Among these, wind energy has gained significant traction in recent years, with wind farms cropping up across the globe. This rapid growth can be attributed … Continue reading The Rise of Wind Energy Across the Globe
Continue reading
RWE enters into partnership with Jan De Nul including long-term charter of next-generation installation vessels, securing construction of future offshore wind farms
Strong partnership: RWE has signed an agreement with Jan De Nul Group, a Luxembourg-based leading provider of key maritime services, to secure the long-term usage of two next-generation installation vessels for future offshore wind foundation and turbine construction. The charters are supported by a Service Agreement through which Jan De Nul Group will provide both … Continue reading RWE enters into partnership with Jan De Nul including long-term charter of next-generation installation vessels, securing construction of future offshore wind farms
Continue reading
MOU finalized to grow offshore wind power in Vietnam
A Memorandum of Understanding to deliver one of Vietnam’s first offshore wind power assets has been signed by DNV, IE, and PTSC M&C. With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power development is considered one of the workable options for Vietnam’s energy transition. The MOU is expected to promote … Continue reading MOU finalized to grow offshore wind power in Vietnam
Continue reading
Capital Energy and Lhyfe join forces to generate green hydrogen associated with offshore wind in Spain and Portugal
Capital Energy, a Spanish energy company born more than two decades ago and whose vocation is to become the first 100% vertically integrated renewable operator in the Iberian Peninsula, and Lhyfe, one of the world pioneers in the production of green hydrogen and in generation projects of offshore hydrogen, have signed a collaboration agreement whose … Continue reading Capital Energy and Lhyfe join forces to generate green hydrogen associated with offshore wind in Spain and Portugal
Continue reading
Ørsted issues blue bonds, vows to recycle solar panels, wind turbines
On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private placement format in accordance with the IFC Blue Finance Guidelines. Net proceeds from the issuance will be allocated to investments in offshore biodiversity, in line … Continue reading Ørsted issues blue bonds, vows to recycle solar panels, wind turbines
Continue reading
County Administrative Board gives green light to offshore wind farm Triton outside Sweden
The County Administrative Board of Skåne has decided that the offshore wind farm Triton can get permission to be built according to the Act on Sweden’s exclusive economic zone. OX2 and Ingka Investments welcome the decision and if the government gives final approval construction could start already 2027. In its decision the County Administrative Board … Continue reading County Administrative Board gives green light to offshore wind farm Triton outside Sweden
Continue readingØrsted confirms its ambition of ~50 GW of wind and solar by 2030
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s leading green energy major. Ørsted is committed to the following ambitions, financial targets, and financial policies for 2023-2030: Ørsted expects to outperform EBITDA and ROCE targets set in 2021Ørsted has … Continue reading Ørsted confirms its ambition of ~50 GW of wind and solar by 2030
Continue reading
Ørsted and Vestas in industry-first pioneering partnership towards net-zero wind farms
Ørsted and Vestas, global leaders in wind energy, are announcing a commercial sustainability partnership. Ørsted will procure low-carbon steel wind turbine towers and blades made from recycled materials from Vestas in all joint offshore wind projects. The deployment of offshore wind is crucial to enhancing energy security, advancing affordable energy for all, and not least … Continue reading Ørsted and Vestas in industry-first pioneering partnership towards net-zero wind farms
Continue reading
Iberdrola entrusts Ingeteam with the inspection of the wind turbine blades of the German Wikinger offshore wind farm
Ingeteam will be in charge of inspecting blades at the German Wikinger offshore park. For the company it means a new contract with Iberdrola in the same facility, since it was also in charge of its commissioning in 2018 and carried out the corresponding quality inspections in 2021. This offshore park, located next to the … Continue reading Iberdrola entrusts Ingeteam with the inspection of the wind turbine blades of the German Wikinger offshore wind farm
Continue reading
BlueFloat to develop 7.6GW of offshore wind projects in the Philippines
The Philippines has the potential to install 21GW of offshore wind projects by 2040. Bluefloat plans to install floating offshore wind farms in the Philippines. Credit: Spanish offshore wind developer BlueFloat Energy will build a 7.6GW portfolio of offshore wind projects in the Philippines. The portfolio will be divided across four sites: Central Luzon, South … Continue reading BlueFloat to develop 7.6GW of offshore wind projects in the Philippines
Continue reading
ESB and Ørsted enter partnership in landmark Irish offshore wind agreement
ESB, Ireland’s leading utility, and Ørsted, the world leader in offshore wind, have signed an agreement to jointly develop an Irish offshore wind portfolio in a landmark deal. The agreement was launched this morning in Cork Chamber’s Fitzgerald House by Minister for Enterprise, Trade & Employment, Simon Coveney TD, ESB’s Jim Dollard, and Duncan Clark, … Continue reading ESB and Ørsted enter partnership in landmark Irish offshore wind agreement
Continue reading
Iberdrola receives the first shipment of components for the Vineyard Wind wind turbines
Iberdrola is making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States. The company has received the first shipment of components for the 62 wind turbines that will make up the farm at the port of New Bedford. Specifically, these are the tower sections, manufactured in … Continue reading Iberdrola receives the first shipment of components for the Vineyard Wind wind turbines
Continue reading
Accelerating ahead with hydrogen in the tank
Alongside battery drive, sustainable hydrogen is considered the major enabler when it comes to reducing carbon dioxide emissions from road traffic and other transport. Vattenfall is already working on several fuel projects with sustainable hydrogen as an important ingredient. But the possibilities are many – below we set out the most important ones. The world’s … Continue reading Accelerating ahead with hydrogen in the tank
Continue reading
OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the cables for the recently awarded Galene project in Sweden. The agreement also covers the Triton offshore wind farm. The agreement will enable OX2 and Ingka Investments to start realising the … Continue reading OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
Continue reading
Mainstream Renewable Power, Reventus Power, AGL, and DIRECT Infrastructure submit application for offshore wind development
A consortium of Australian and global companies, comprising Mainstream Renewable Power, Reventus Power, AGL, and DIRECT Infrastructure has submitted a feasibility licence application for a 2.5 GW offshore wind development off the coast of Victoria, Australia. The consortium brings significant global offshore wind development track records, coupled with deep Australian industry and energy generation knowledge … Continue reading Mainstream Renewable Power, Reventus Power, AGL, and DIRECT Infrastructure submit application for offshore wind development
Continue reading
Wind industry aims to provide a third of Japan’s power by 2050
Japan’s wind power body has set a mid-century goal to increase capacity to 140 gigawatts (GW) from less than 5 GW now, it said on Monday, to meet a third of the country’s electricity demand and help it to hit its 2050 carbon neutrality target. Offshore wind is meant to be central to Japan’s expansion … Continue reading Wind industry aims to provide a third of Japan’s power by 2050
Continue reading
BW Ideol teams up with Elawan Energy for multi-GW floating offshore wind projects in the Iberian Peninsula
BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties.Elawan Energy is a leading player in the field of renewable energy in … Continue reading BW Ideol teams up with Elawan Energy for multi-GW floating offshore wind projects in the Iberian Peninsula
Continue reading
RWE strengthens its position in the German offshore wind market by becoming sole owner of 1.6-GW Nordseecluster
RWE is strengthening its position in the German offshore market. The company has become the sole owner of a 1.6-gigawatt (GW) cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, which has now … Continue reading RWE strengthens its position in the German offshore wind market by becoming sole owner of 1.6-GW Nordseecluster
Continue reading
