Tagged With Wind
Renewables count the cost of rate hikes
27 October 2022
Levelised cost of electricity rises on higher cost of capital but renewables remain highly competitive against fossil fuels
US opens first California offshore wind auction
19 October 2022
First lease sale on the west coast to be held in December
Floating offshore wind capacity doubles in 2022
13 October 2022
Sector is likely to continue to gain momentum as costs fall
Mainstream targets energy major status by 2030
10 October 2022
New ownership positions renewables project developer for transition to long-term asset owner and operator
Cnooc ramps up wind development
4 October 2022
Chinese state oil company following in footsteps of European counterparts as it looks to decarbonise its portfolio
RWE expands in US with $6.8bn Con Edison deal
3 October 2022
German utility nearly doubles its US renewables portfolio with purchase of US’ second-largest solar operator
US takes on offshore permitting bottleneck
8 September 2022
Funding boost for Bureau of Ocean Energy Management aimed at speeding up leasing and permitting of proposed projects
GE loses right to sell Haliade-X turbines in US
8 September 2022
Rival turbine manufacturer Siemens Gamesa wins injunction based on patent infringement, with exceptions for projects already underway
Scotland awards Shetland offshore wind rights
22 August 2022
Mainstream Renewable Power, Ocean Winds and ESB pay combined £56mn for option to develop 2.8GW of floating capacity with green hydrogen potential
Indian hybrid renewables project secures $1bn loan
18 August 2022
Loan provided by 12 international lenders is largest to a single renewables project in India, developer Renew Power says
Developers stay on course for Taiwanese offshore wind
18 August 2022
Despite geopolitical tensions and stringent localisation requirements, companies are gearing up for an upcoming offshore wind development tender
Western turbine firms in the doldrums
17 August 2022
US and European manufacturers face continued losses up to 2024 due to dwindling orders, project delays and cost inflation
Orsted optimistic despite rocky Q2
11 August 2022
Net loss on Gazprom contract has eaten into the Danish company’s quarterly profits, but it still expects an increase in full-year earnings amid renewables success
Vestas expects US order boost from climate act
10 August 2022
Danish wind turbine maker welcomes Inflation Reduction Act but reports second-quarter loss as inflation and supply chain issues continue to weigh on performance
Egypt’s renewables drive shifts focus
3 August 2022
Green hydrogen and distributed solar grab investor attention as country prepares for Cop27 climate talks in November
Siemens Gamesa’s losses deepen on rising costs
2 August 2022
Turbine prices must rise to reflect manufacturers’ costs or risk impact on transition, says CEO
US onshore wind hits post-PTC slump
29 July 2022
Second-quarter onshore wind installations fell 78pc year-on-year amid uncertainty around the extension of tax credits and rising costs
US explores offshore wind in Gulf of Mexico
26 July 2022
The government has opened a public consultation on over 730,000 acres proposed for wind energy development offshore Texas and Louisiana
Irena calls time on role of gas in Europe’s transition
15 July 2022
Deteriorating economics undermine case for gas-fired power plants as a back-up for renewables, agency says
UK awards subsidies to 11GW of renewables
7 July 2022
Offshore wind beats onshore wind and solar projects as the cheapest source of power awarded
UK identifies areas for floating offshore wind
5 July 2022
Project development areas will be offered to the market via competitive tender in 2023
North Africa picks up pace on renewables
4 July 2022
Algeria, Libya and Tunisia are looking to free up fossil fuels for export
Japan proposes revamp of offshore wind auction rules
1 July 2022
Draft amendments designed to encourage faster development as government frets over 2030 clean power goal
GE loses US patent dispute with Siemens Gamesa
30 June 2022
Recent ruling against GE could hobble offshore wind profits in the US, but uncertainty remains over the possibility of further litigation in other markets
Offshore wind installations lag government targets
29 June 2022
States are ramping up targets, but complex permitting systems constrain developers’ ability to deliver projects at pace, says Global Wind Energy Council
EDP to invest €1.5bn in renewables
23 June 2022
Money will go to Ocean Winds, a joint venture with Engie that has an 11GW floating offshore wind portfolio
RWE and Arcelormittal cooperate on green steel
23 June 2022
Plan includes joint bidding for offshore wind projects and developing green hydrogen supply for German steel mills
Floating offshore wind pipeline grows to 85GW
22 June 2022
Deployment will take off first in the UK, France, South Korea, Japan and Norway, report says
BP acquires controlling stake in Australian renewables project
15 June 2022
Oil major buys 40.5pc share in Australian Renewable Energy Hub, which will supply power to local mines and produce green hydrogen and ammonia
Shell bids for Polish offshore wind
15 June 2022
The oil major joins a growing list of energy firms looking to develop offshore wind in the Polish Baltic Sea
India to auction 12GW offshore wind by mid-decade
14 June 2022
The country plans to begin bidding process for first blocks offshore Tamil Nadu this year
TotalEnergies buys 50pc of US renewables developer CEG
25 May 2022
Deal worth around $2.4bn with private equity firm Global Infrastructure Partners marks French company’s largest acquisition to date in US renewables sector
Siemens Energy offers €4bn for SGRE takeover
23 May 2022
The German technology firm plans to take struggling wind turbine manufacturer Siemens Gamesa into full ownership
Renewables sector loses confidence in EU support scheme
17 May 2022
Rules governing EU Innovation Fund disadvantage renewables sector and must change, industry groups tell European Commission
Pragmatism fuels Iran's renewables ambitions
16 May 2022
Gas and water shortfalls are propelling Tehran to intensify a quest for investment in non-hydro renewable power
Norway ramps up offshore wind targets
12 May 2022
Country’s green power exports to rise as government targets 30GW of offshore wind capacity by 2040
Orsted to trial offshore wind-to-reef initiative in Taiwan
11 May 2022
Reefing offshore installations could improve ocean biodiversity but faces regulatory obstacles in the US and Europe
Renewables growth to stall without new policies – IEA
11 May 2022
Global capacity growth is accelerating this year but will lose momentum in 2023 unless governments offer more support, agency says
Europe can accelerate offshore wind deployment – Orsted
29 April 2022
Existing targets can be exceeded if governments streamline consent process and stop trying to monetise development rights, says Danish energy company
US advances offshore wind on both coasts
28 April 2022
Boem will open calls for information on a combined 5.1mn acres along the east coast and offshore the state of Oregon
Turkey’s renewables success fosters ambition
26 April 2022
Offshore wind will be the next frontier as Turkey seeks to maintain the momentum behind its impressive renewables buildout
Oil windfall funds UAE’s global greenery
22 April 2022
Burgeoning international renewables investment from Abu Dhabi serves both revenue diversification and foreign policy ends
SSE buys Siemens Gamesa renewables portfolio
21 April 2022
UK-based company secures foothold in southern Europe with $630mn deal
Gulf renewables drive stalls
19 April 2022
The region’s efforts to build up its clean power capacity have foundered on rising costs and project delays
GE installs first French offshore wind turbine
14 April 2022
France’s first commercial offshore wind turbine has been installed at the Saint-Nazaire project
Renewables on high alert for cyber risk
12 April 2022
Two wind turbine manufacturers have faced cyberattacks this year amid heightened risk for the wider energy sector
Asian nations must avoid gas infrastructure – Carbon Tracker
11 April 2022
Vietnam, South Korea and Japan must invest now in transitioning their power infrastructure away from natural gas to reach net zero by 2050, says think tank
UK pledges to streamline offshore wind approvals
7 April 2022
Government aims for one-year approval process as it ramps up offshore wind targets as part of energy security strategy
German government backs massive renewables expansion plan
6 April 2022
Cabinet agrees raft of legal amendments designed to double share of renewables in the energy mix by 2030
Wind turbine O&M a bright spot for struggling manufacturers
1 April 2022
Turbine makers see margins in excess of 20pc from operations and maintenance, but these could dwindle with ageing assets and expansion into multibrand servicing
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