Japanese utility Kansai Electric Power (TYO:9503) and Netherlands-based Ingka Investments have joined the UtsiraVIND consortium to bid in the Norwegian government’s tender for floating offshore wind sites. Ingka Investments, which is the investment arm of Ingka Group, in turn, the largest franchisee of Swedish furniture retailer IKEA, said on Wednesday it has joined the bidding […]
RWE targets at least 1 GW of floating wind in Celtic Sea – EQ Mag
RWE AG (ETR:RWE) will bid in the upcoming Celtic Sea offshore leasing round with the ambition to secure at least 1 GW of capacity, the German power group said on Wednesday. The Crown Estate will later in 2023 launch its first Celtic Sea leasing tender, which could deliver 4 GW of floating offshore wind between […]
France launches 500MW floating wind tender – EQ Mag Pro
Two projects will be located off the coast of Narbonnaise and off the Gulf of Fos in the Mediterranean Sea France has launched a 500MW floating wind tender for two new 250MW projects in the Mediterranean Sea. The two projects will be located off the coast of Narbonnaise and off the Gulf of Fos, respectively, […]
Spain Aims to Install 1-3 GW of Floating Wind Turbines by 2030
As part of a global shift away from carbon-emitting fossil fuels, governments and companies are seeking new ways to harness power generation from renewable energies like wind and solar. MADRID : Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of […]
Already the World’s Leading Market, UK Doubles Support for Offshore Wind
U.K. expands renewable auctions, releases funds for the offshore wind supply chain and sets a new floating wind target. U.K. Prime Minister Boris Johnson has offered a huge boost to the country’s offshore wind sector as it looks to double-down on its status as the world’s leading market. The nation’s next round of contracts for […]
The European Investment Bank Has Quit Fossil Fuels. Now What?
Alessandro Boschi, the EIB’s head of renewable energy, tells GTM what it will mean to be the EU’s “climate bank.” COPENHAGEN: With an annual outlay in the energy sector of €15 billion ($16.6 billion), the European Investment Bank is one of the sector’s biggest lenders. And for every euro the EIB puts into a project […]
5 Emerging Energy Technologies to Watch Out For in 2020
2019 was a year of consolidation rather than breakthroughs for clean energy technologies. Will 2020 be different? This year will likely be remembered as a period of technology consolidation rather than breakthrough innovation in the energy industry. Emerging industries such as offshore wind and lithium-ion battery storage have gone from strength to strength. Meanwhile, more […]
Equinor Gives Nod to 88MW Floating Wind Farm
Norwegian oil giant further cements position as leading floating wind developer with 11-turbine project near offshore oil fields. Norwegian oil giant Equinor and a group of partners have greenlighted an 88-megawatt floating offshore wind farm, set for completion in 2022. The Hywind Tampen project will serve five oil and gas platforms in Norway’s part of […]
7 Projects That Could Put the US Ahead in Floating Offshore Wind
The U.S. is a late arrival to the offshore wind party. But it could play a leading role as floating projects sail toward commercialization. The U.S. is late to the offshore wind party compared to Europe and China. And the injection of new regulatory uncertainty in the shape of permitting delays at Vineyard Wind’s 800-megawatt […]
California Community Choice Aggregator Sees Promise in Floating Offshore Wind
Monterey Bay Community Power is exploring the possibility of a huge floating offshore wind project with developers EnBW and Trident Winds. California community choice aggregator (CCA) Monterey Bay Community Power has signed a memorandum of understanding to explore buying the power from a 1,000-megawatt floating offshore wind farm. It’s an early, if no-stakes, claim to […]