Renewable Energy News


RWE to Invest $57B Through 2030 to Double Green Energy Capacity

Nov 15, 2021

RWE plans to invest 50 billion euros ($57 billion) through 2030 to double its green energy capacity to 50 gigawatts (GW), as Germany's largest power producer outlined its plan to become a global renewables heavyweight.However, Markus Krebber…

Boskalis Clinches $515M Offshore Wind Installation Deal

Nov 15, 2021

Dutch marine contractor Boskalis has won a contract to transport and install the monopile foundations and substations for an offshore wind farm development.Boskalis did not say who the client was, nor where the project would be taking place…

Ørsted Signs Loan Deal with NIB for Dutch Offshore Wind Farm Project

Nov 12, 2021

Denmark-based offshore wind developer Ørsted has signed a 175 million euros (around $200 million) eight-year loan deal with the Nordic Investment Bank (NIB) with the proceeds to be used for the financing of its investment in the Borssele 1 & 2 Offshore wind farm in the Netherlands…

Crown Estate Eyes 4GW of Floating Wind Power in Celtic Sea

Nov 12, 2021

The Crown Estate for England, Wales, and Northern Ireland has this week confirmed plans to unlock up to 4GW of floating wind power capacity in the Celtic Sea 'and help establish a new industrial sector for the UK.'It said Thursday that the leasing…

Mainstream Secures Investment Decision for Vietnam Offshore Wind Project

Nov 12, 2021

Mainstream Renewable Power has received a Decision on Investment and an Investment Registration Certification (IRC) from the provincial government of Soc Trang in Vietnam for a 200 MW phase of a 1.4 GW offshore wind project.The project is anticipated to reach a financial close in 2022…

Offshore Wind: Seaway 7 to Install Foundations at Dogger Bank C

Nov 12, 2021

Offshore wind installation firm Seaway 7 has said it has won a sizeable contract for the transport and installation of monopile foundations and transition pieces on the third phase of the Dogger Bank Offshore Wind Farm in the UK, the Dogger Bank C…

UK: NKT Connects Moray East Offshore Wind Farm to Shore

Nov 11, 2021

Marine power cable company NKT has completed the power cable system connecting the 950 MW offshore wind farm Moray East in the UK to shore.NKT has commissioned the power cable project comprising three 220 kV HVAC power cable systems for the…

Construction Starts for First North Star Renewables' Offshore Wind Vessels

Nov 11, 2021

Construction has started for North Star Renewables' two vessels bound for work at what will be the world's largest offshore wind farm - the Dogger Bank in the UK.To mark the construction of the two vessels - a Service Operation Vessel and a…

Eneti to Raise $200M for WTIV Construction via Share Sale

Nov 10, 2021

Offshore wind turbine installation firm Eneti plans to raise $200 million through a public offering of shares. It will use the funds raised to fund wind turbine installation vessel newbuilding program consisting of one contracted newbuilding vessel…

Japan's Marubeni Eyes Floating Wind, Green Hydrogen Projects in Scotland

Nov 10, 2021

Japanese company Marubeni Corporation has signed a Memorandum of Understanding with Scottish Enterprise on collaboration for the decarbonization of Scotland including floating offshore wind and green hydrogen businesses.The Scottish Government…

GE Energy Spinoff Aims to Capture Interest in Renewables

Nov 10, 2021

General Electric Co's plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said.Earlier on Tuesday,…

German Firm to Build Foundations for 2.6GW Offshore Wind Project in U.S.

Nov 09, 2021

Germany-based offshore wind turbine foundation builder EEW Special Pipe Constructions will construct 176 monopiles for Dominion Energy's 2.6GW Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind project in development in the U…

Watch: Barge Master's Motion-compensated Solution for Offshore Wind Feeder Vessels

Nov 09, 2021

Dutch company Barge Master earlier this year said it had developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company at the time said that its motion-compensated platform could…

GE's Haliade-X Offshore Wind Turbine Prototype Hits Two-year Operational Milestone

Nov 09, 2021

Offshore wind turbine manufacturer GE Renewable Energy has said that its Haliade-X offshore wind turbine prototype in Rotterdam, The Netherlands, has been operating for two years making it the first 10+ MW offshore wind turbine to achieve this milestone…

"Clock ticking" to Achieve Energy Transition - Equinor

Nov 09, 2021

A senior executive for Norwegian oil company Equinor said on Tuesday that the 'the clock is ticking' to achieve an energy transition away from hydrocarbons.'If we don't take action, we'll end up losing out,' Equinor's Senior Vice President for…

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