Offshore Wind

China’s Mingyang Smart Energy said it has completed installation of the company’s MySE18.X-20MW offshore wind turbine at a project in Hainan, according to a statement posted on the group’s LinkedIn page. The company said the turbine, which it calls “the world’s largest single-capacity offshore wind turbine,” was installed at the Hainan site on August 28. […]

A new U.S. president will be inaugurated in less than five months. Polls show the race between Donald Trump and Kamala Harris to be very close, with potentially only a few swing states deciding the election. While energy policy may not be a deciding factor for many Americans in choosing who they will vote for, […]

This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]

The U.S. Supreme Court recently overturned the longstanding Chevron doctrine, a foundation of administrative law for 40 years, when it ruled on Loper Bright Enterprises v. Raimondo . The impacts on a wide

The global wind industry is entering a new phase of accelerated growth as both companies and countries adopt ambitious sustainable energy goals. 2023 was a record year for wind installations, with a 50%

China’s central government has approved Shanghai’s plan to build 29 GW of offshore wind generation capacity, part of the city’s strategy to build more energy infrastructure and diversify the electricity mix. Reports said the plan was devised by the Shanghai Municipal Development and Reform Commission, with a goal to have offshore wind generate as much […]

Countries active in the offshore wind industry continue to consider steps to counter China’s dominance of the sector. The latest to announce a move is South Korea, where officials recently announced they may work with a global offshore wind industry group in order to better compete with China. Officials have said joining the Global Offshore […]

Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the Bureau of Ocean Energy Management (BOEM) approved a construction and operations plan (COP) for  Avangrid’s 791-MW New England Wind 1 project and 1,080-MW New England Wind […]

The wind energy industry has been on an exponential growth curve for more than a decade. POWER looks at the drivers behind the growth and predictions for the future. Nearly 200 countries made major collective

Efforts to combat climate change drive the growth of renewable energy technologies as governments and utility companies increase investments in solar and wind installations to meet rising electricity demands. Onshore wind is a well-developed market, while offshore wind is beginning to expand due to its high production efficiency and significant energy production potential. According to […]