offshore wind
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Offshore Wind
On Heels of $2.3B Financial Close, Vineyard Wind Joint Venture Partners Announce Restructuring
Partners developing the 800-MW Vineyard Wind 1 offshore wind farm have announced they will swap assets jointly owned by their 50/50 Vineyard Wind joint venture to allow each party to focus on its separate expansion within the burgeoning U.S. offshore wind industry once the 800-MW Vineyard Wind 1 offshore wind farm is operational. The Vineyard […]
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Offshore Wind
In First for the U.S., Vineyard Wind Achieves $2.3B Financial Close for Offshore Wind Farm
Vineyard Wind 1, an 800-MW phase of an offshore wind project offshore Massachusetts, has achieved financial close. The milestone, a first for a U.S. commercial-scale offshore wind farm, now allows Vineyard Wind to provide its contractors with a notice to proceed with construction. Vineyard Wind, a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen […]
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Offshore Wind
Pioneering again in Taiwan: Siemens Gamesa inaugurates new offshore nacelle assembly facility
SEPTEMBER 14, 2021 — Siemens Gamesa Renewable Energy again pioneers the Taiwanese offshore wind power industry by today officially inaugurating its new offshore facility in Taichung. This is the company’s first offshore nacelle assembly facility outside of Europe. The ceremony was attended together by central and local government authorities and wind industry partners. As announced […]
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News
LNG-to-Power Project, $30 Billion in Offshore Wind Targeted for Vietnam
Power generation projects both thermal and renewable continue to be announced for Southeast Asia, with Vietnam taking a lead role with both onshore and offshore power generation installations. Details of a large liquefied natural gas (LNG)-to-power project were announced Sept. 13, just days after the country’s T&T Group and Denmark’s Ørsted said they are prepared […]
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Press Releases
Siemens Gamesa pioneers wind circularity: launch of world’s first recyclable wind turbine blade for commercial use offshore
SEPTEMBER 7, 2021 — Wind power is one of the cornerstones in the quest to tackle the climate emergency. With more than 200 GW of new offshore capacity projected by the Global Wind Energy Council to be installed by 2030, it is critical to quickly introduce recyclable solutions. Siemens Gamesa is leading the way for […]
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News
Japanese Firm Unveils Ship Dedicated to Storing and Transmitting Offshore Wind Power
A Japanese firm has set out to shake up energy storage and transmission with a freshly launched “power transfer vessel” concept that is designed to carry electricity from offshore wind farms to shore. The company’s first electric ship model, which will have an energy storage capacity of 200 MWh, is slated for completion in 2025. […]
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Solar
Record Growth Continues for Renewable Energy Projects
The pace of installations of renewable energy projects across the first six months of 2021 hit a new high for the sector, according to a report released Aug. 24 by the American Clean Power Association (ACP). ACP, which works with solar, wind, energy storage and power transmission companies to promote renewable energy, said the U.S. […]
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News
Korean Group Buying Renewable Energy Giant in $855M Deal
South Korea-based Hanwha Solutions announced it plans to acquire renewable energy developer RES France in an $855.2 million deal expected to be finalized in the next two months. RES France is a subsidiary of UK-based RES Group, which calls itself the world’s largest independent renewable energy company. The agreement announced Aug. 9 is led by […]
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Commentary
Offshore Wind a Biden Priority, but Federal Permits Remain a High Hurdle
President Biden in March of this year announced plans to “jumpstart” offshore wind projects, making that renewable energy resource a focal point of his administration’s energy and environmental policies
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Press Releases
UL Wins Ørsted Certification Contract for 1.1-GW German Offshore Wind Project
Northbrook, Illinois, July 20, 2021 – UL, the global safety science leader, and one of the world’s top testing, inspection and certification providers for renewable energy projects, has been selected by Ørsted to deliver project certifications for the wind turbine and foundation at 900MW Borkum Riffgrund 3 and 242MW Gode Wind 3 wind farms. Project certification, […]
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