Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…
Marine energy firm Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith, Scotland.'Nova’s expertise in managing subsea power stations has paved the way for the development of robust floating solar technology…
The independent energy expert and assurance provider DNV has partnered up with Oceans of Energy, a Dutch company specializing in offshore solar technology, services, operations, and ecological and energy systems research, to accelerate the deployment and scaling of offshore solar technologies…
Danish green investment company Copenhagen Infrastructure Partners (CIP) has raised 5.6 billion euros ($6.13 billion) for its latest fundand expects to meet its full 12 bln euro target amid undiminished global investor appetite, it said on Monday…
The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels.But they stopped short…
China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform.According to CIMC, the…
China Energy Engineering Corp. (China Energy) has proposed the construction of a 1,000-megawatt floating solar plant on Zimbabwe's Kariba dam at a cost of nearly $1 billion, documents showed on Monday.The southern African country is currently generating less than half of its 1…
BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes…
Indonesia's state-owned electricity utility PT Perusahaan Listrik Negara (Persero) or PLN, has selected Saudi developer ACWA Power Company to develop two floating solar PV projects.The projects will contribute to Indonesia's goal of achieving its renewable energy target of 23% by 2025…
International oil major Shell has, together with Malaysia's Petronas, reached a final investment decision (FID) to develop the Rosmari-Marjoram deepwater sour gas fields, discovered in 2014, offshore Bintulu, Sarawak, Malaysia.Shell,which is the operator of the project with an 80 percent stake…
RWE has commissioned its first floating photovoltaic (PV) project. The project consists of around 13,400 solar panels that float on a lake near the Amer power plant in Geertruidenberg, in the Netherlands’ province of Noord- Brabant. The floating solar field has an installed capacity of 6…
Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…
The potential global capacity for deploying floating solar photovoltaic (FPV) power is currently around 4 terawatts (TW) and installed capacity will reach 10 gigawatts (GW) worldwide by 2025, energy expert and assurance provider DNV said Wednesday…
A German company will next month switch on a floating solar power plant it has built on a quarry lake, a rapidly-installed, renewable technology it says could help wean the country off Russian fossil fuels.BayWa r.e. said on Monday the photovoltaic…