State-run power giant NTPC and upstream oil firm ONGC have planned to boost the development of offshore wind energy in India, which is blessed with a coastline of about 7,600 km surrounded by water on three sides and has good prospects of harnessing this clean source. New Delhi : State-run power giant NTPC and upstream […]
FLOATING WIND TURBINES BUOY HOPES OF EXPANDING RENEWABLE ENERGY
Offshore wind farms that don’t need to be embedded in the seafloor could open up new areas to clean-power generation Off the east coast of Scotland, in water more than 300 feet deep, five towering turbines weighing thousands of tons float in the North Sea. Installed in 2017, the turbines power about 36,000 homes a […]
TechnipFMC Wins Support for Offshore Hydrogen Generation Pilot
The Norwegian government has agreed to help underwrite a pilot project for an offshore wind energy storage system based on hydrogen. A new grant from Innovation Norway announced Thursday will support the $11 million cost of the “Deep Purple” project, led by oil and gas EPC contractor TechnipFMC. Deep Purple would couple an offshore wind […]
US to Extend Solar investment tax credit at 26% Until 2022
Extended renewable energy tax credits have been included in a $1.4 trillion federal spending package alongside a $900 billion COVID-19 virus relief spending bill. The solar investment tax credit (ITC), which was scheduled to drop from 26% to 22% in 2021, will stay at 26% for two more years. The wind industry also received a […]
Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy
Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy, Advancing its Climate Pledge Commitment to be Net-zero Carbon by 2040 The addition of 26 new utility-scale wind and solar projects in Australia, France, Germany, Italy, South Africa, Sweden, the UK, and the U.S. bring Amazon’s total number of renewable energy projects to 127 Company’s total […]
Ørsted strikes deal with labor union on U.S. offshore wind development
WASHINGTON: Danish renewable energy group Ørsted and North America’s Building Trades Unions (NABTU) announced on Wednesday a deal to train an offshore wind construction workforce to build the firm’s pipeline of projects down the U.S. East Coast. The memorandum of understanding aims to create a model for the nascent offshore wind industry in the United […]
Innogy & Asia Cement Partnered to develop 448 MW wind energy project offshore in Taiwan
Innogy has partnered with Asia Cement Corporation to further develop an offshore wind farm off the coast of Taiwan. The Chu Feng offshore wind power project is expected to be part of the next grid allocation round in Taiwan. Innogy Renewables Operations Offshore senior vice-president Sven Utermöhlen said: “The government has plans to considerably increase […]
