A new Danish-based initiative called the Global Offshore Wind Alliance is seeking to drive a seven fold increase in installed global offshore wind capacity to 380GW – from 57GW – by 2030. The new alliance between the International Renewable Energy Agency (IRENA), the Global Wind Energy Council (GWEC), and the government of Denmark aims to […]
Chinese Offshore Wind Goes Global – EQ Mag Pro
Offshore wind is a small industry by comparison to onshore wind. Offshore farm developers are using larger offshore turbines to cut construction, infrastructure, and maintenance costs and lower the cost of offshore wind power. While global players with large units increasingly struggle in a competitive landscape, Chinese players are thriving from domestic policy, raw materials […]
Mainstream And Aker Offshore Wind Combine to Create Global Frontrunner in Offshore Wind – EQ Mag Pro
The shareholders of Mainstream Renewable Power (“Mainstream”) and Aker Offshore Wind have entered an agreement to combine the two companies to create a stronger renewable company with a 27 GW portfolio across solar, onshore wind and bottom-fixed and floating offshore wind projects. Aker Horizons entered into an agreement with Aker Mainstream Renewables, a holding company […]
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 […]