Renewable energy is already high on the agenda at the COP28 climate summit, with 118 countries, including the UAE, Brazil, Japan and the EU, pledging last weekend to triple the world’s renewable energy capacity by 2030.But it’s not simply about signing up to the ambition…
The Marine Energy Test Centre (METCentre) in Norway has been granted final approval for new test concessions for floating wind.'This is a big day for the global floating wind industry and a big day for Norway. With this important expansion of our test activities…
The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island.The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource…
Danish energy company Orsted's South Fork offshore wind farm off New York State delivered its first power to the state's power grid, according to a press release by New York Governor Kathy Hochul on Wednesday.The announcement is a bit of positive…
Chinese wind turbine maker Envision Energy believes 'it's easy' to meet an international pledge made at the COP28 climate summit to triple renewables by 2030.'This is not visionary,' Envision CEO Lei Zhang told Reuters on the sidelines of the summit in Dubai…
Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid…
Spanish renewable energy giant Iberdrola and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States…
U.S.-based dredging and marine services company Great Lakes Dredge & Dock Corporation on Monday announced it has been awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the United States…
U.S.-based offshore wind developer Vineyard Offshore on Monday announced it has named Alicia Barton as the company’s new CEO, starting in January.Barton will take over for Lars T. Pedersen, who has led the company since it was founded in 2022 and before that led the team developing Vineyard Wind…
Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.The announcement…
Germany's top utility RWE will raise investments in green energy technologies to 55 billion euros ($60.21 billion) over the next seven years, it said on Tuesday ahead of its capital markets day.'Thanks to our significant financial headroom,…
Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects.The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks…
The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance.…
Britain's Octopus Energy has bought a 12.5% stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds, it said on Monday.Octopus bought the stake from AIP Management, the investment manager for Danish pension funds PKA and PFA…
Finland will launch an auction for five offshore wind power sites with up to 500 turbines in Finland's public water areas, it said on Thursday.'The total surface area of the five offshore wind power sites to be included in the auction procedure…
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