offshore wind
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Offshore Wind
Vineyard Wind Delivers First Power to New England Grid
Copenhagen Infrastructure Partners (CIP) and Avangrid said the Vineyard Wind 1 offshore wind installation sent electricity to the power grid for the first time late on Jan. 2. The companies on Jan. 3 said Vineyard Wind 1, as part of its initial commissioning, delivered about 5 MW of electricity to the New England grid at […]
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Offshore Wind
RWE Buying Offshore Wind Projects from Vattenfall in $1.2 Billion Deal
Germany-based RWE, among the world’s leading companies in development of offshore wind energy, said it will acquire three major projects off the East Anglia coast of the UK from Sweden’s Vattenfall in a $1.2 billion deal. RWE on Dec. 21 said the projects, each with planned generation capacity of 1.4 GW, are in the Norfolk […]
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Legal & Regulatory
Wind Project Approvals, Tax Credits Look to Outpace Macroeconomic and Supply Chain Headwinds in 2024
Recent events in the wind power industry, all occurring on a single day, provide a snapshot of the sector’s challenges and opportunities heading into 2024. Ørsted, the world’s largest developer of offshore wind, on Oct. 31 announced the cancellation of Ocean Wind 1 and 2, two 1,000-MW-plus projects off the coast of New Jersey. In […]
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Power
New York Announces 6.4 GW of Renewable Energy Projects
New York officials said the state will invest in several new renewable energy projects, both offshore and onshore, that will add 6.4 GW of clean energy generation capacity to the state’s power grid. Gov. Kathy Hochul on Oct. 24 said the projects will deliver about 12% of New York’s electricity supply once all the installations […]
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News and Notes
POWER Digest [October 2023]
Coal-Fired Plants Serving EV Battery Makers Could Get Special Financing. Otoritas Jasa Keuangan (OJK), which supervises and regulates financial services for Indonesia, in early September said it is considering
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Legal & Regulatory
Streamlined Permitting Key to California’s Floating Offshore Wind Development
Earlier this year the Biden administration hosted its inaugural Floating Offshore Wind Shot Summit, showcasing the efforts of federal departments to work with state, tribal, industry, and other interests to
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Offshore Wind
DOD Backs Offshore Wind Project Near California Space Force Base
A pilot floating offshore wind project near the California coast has been approved by the U.S. Dept. of Defense (DOD), the first of several steps needed by the 60-MW project that would be located near the Vandenberg Space Force Base. Vandenberg, in Santa Barbara County in central California, has long been used by the U.S. […]
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Hydrogen
POWER Digest [August 2023]
Colombian Dam Site of Major Floating Solar Project. A new solar power system that will float on the reservoir at the Urrá Dam in Colombia is designed to demonstrate that hydroelectric stations dealing with
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Offshore Wind
Al Gore-backed Energy Group Announces $20 Billion Investment in Offshore Wind
A UK-based energy supplier that counts former U.S. Vice President Al Gore among its investors announced it would pour about $20 billion into offshore wind projects by 2030. Octopus Energy Group on July 24 said the investment would come through its generation division. The company said it envisions building 12 GW of offshore wind capacity […]
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Offshore Wind
GE, Toshiba Join to Support Japan’s Offshore Wind Sector
A Japanese news service said General Electric (GE) will join with Toshiba to establish a supply chain for equipment that would support Japan’s offshore wind power industry. Nikkei, a Tokyo-based financial and business news outlet, on July 16 reported that the deal is another move by Japanese officials as part of the country’s zero-carbon strategy. […]