LISBON : Ocean Winds, a joint venture between Portugal’s main utility EDP EDP.LS with French company Engie ENGIE.PA, plans to invest 3 billion euros ($3.15 billion) to develop offshore wind projects by 2025, the chief executive of EDP told Reuters on Thursday. The equal partners in the venture are targeting up to 7 gigawatt (GW) […]
Offshore wind faces shake-up as tenders abandon price-only criteria: report – EQ Mag Pro
OSLO : A new set of factors beyond bidding price is gaining traction in global tenders to award licences for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows. “The focus is now shifting to multiple criteria to determine […]
Vietnam Will Cut Excess PV Generation While Raising Share of Offshore Wind in Its Energy Mix – EQ Mag Pro
Vietnamese and Southeast Asian news outlets have reported that on February 26, the Government Office of Vietnam issued a communiqué from Deputy Prime Minister Le Van Thanh stating that the country’s Eighth Power Plan (a.k.a. Power Development Master Plan VIII for 2021-2030) will undergo further adjustments. Specifically, the government now wants to reduce excess PV […]
EnBW to focus on growth in European offshore wind, Following successful auctions in the UK, EnBW exits U.S. market and hands over activities to TotalEnergies – EQ Mag Pro
Following successful auctions in UK, EnBW exits U.S. market and hands over activities to TotalEnergies Karlsruhe. Following successful auctions in the UK and the announcement of bold offshore wind build-out targets in Germany, EnBW will focus their future offshore wind activities on the European market. EnBW North America and their assets will be acquired by […]
Shell to Power Large-Scale Dutch Hydrogen Plant with Offshore Wind – EQ Mag Pro
Energy giant Shell has signed a supply contract with thyssenkrupp Uhde Chlorine Engineers for the Hydrogen Holland I large-scale project in the port of Rotterdam, the Netherlands. Under the contract, thyssenkrupp Uhde Chlorine Engineers will engineer, procure and fabricate a 200 MW electrolysis plant based on their large-scale 20 MW alkaline water electrolysis module. The […]
NY governor seeks 6 GW of energy storage, $1B for EVs, $500M for offshore wind – EQ Mag Pro
Gov. Kathy Hochul on Jan. 5 called for New York to double its energy storage target to at least 6 GW by 2030 to help integrate significant new volumes of variable renewable energy resources. The ambitious storage commitment was among a host of clean energy initiatives that Hochul announced in a State of the State […]
New York to Spend $500 Million to Fuel Boom in Offshore Wind – EQ Mag Pro
New York state will spend $500 million building up ports and manufacturing infrastructure for offshore wind farms in a bid to become home base for the nascent industry…Read More… Source : bloombergquint
Centre of Excellence for offshore wind – EQ Mag Pro
The Government of India signed a Memorandum of Understanding (MoU) with Government of Denmark on 06.02.2008 for cooperation in New and Renewable Energy (NRE) between Danish and Indian entities with the aim of developing NRE technologies. Under the framework of above MoU, a strategic sector cooperation agreement in the field of renewable energy with a […]
Australia: Australian proposed framework for offshore wind and power – EQ Mag Pro
The Australian Government has taken the first step towards the development of a new offshore renewable energy industry through the introduction of the Offshore Electricity Infrastructure Bill 2021. This Bill provides a regulatory framework to support the construction, installation, commissioning, operation, maintenance and decommissioning of electricity transmission and renewable energy infrastructure in the Commonwealth offshore […]
UK Backs Hydrogen CFDS to Repeat Offshore Wind Success Story
Eagerly awaited strategy also looks to twin-track approach for green and blue H2. The UK government finally launched its long-awaited hydrogen strategy on Tuesday, setting out proposals to build the fledgling energy sector using a contracts for difference (CfD) support mechanism similar to the one used to kick-start the nation’s successful offshore wind sector. Prime […]