Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…
The global offshore wind market grew nearly 30% per year between 2010 and 2018, benefiting from rapid technology improvements and about 150 new offshore wind projects are in active development around the world.Europe in particular has fostered the technology’s development…
Sunrise Wind, a joint venture of Ørsted A/S and Eversource Energy, has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA).Earlier in July 2019, New York selected Sunrise…
Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…
The American Wind Energy Association (AWEA) issued a statement in support of two bills introduced in the U.S. Senate this week, which would both extend the federal Investment Tax Credit (ITC) for offshore wind energy.The legislation comes at a critical time for offshore wind in America…
The developers of a new offshore wind farm Ørsted U.S. Offshore Wind and Eversource said that their power contract has been approved by Rhode Island regulators.'Rhode Island regulators has approved a 20-year power-purchase agreement with DWW Rev I…
National Grid, which provides power to Northeastern United States, filed for regulatory approval of a 20-year contract for energy from a new offshore wind farm – Revolution Wind.Revolution Wind is a next-generation 400-megawatt offshore wind…
American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018…
Danish energy company Ørsted submitted a bid to the New Jersey Board of Public Utilities (NJBPU) to build an offshore wind farm in response to the first offshore wind request for proposal under Gov. Phil Murphy’s clean energy agenda.Ørsted, the global leader in offshore wind energy…
MHI Vestas Offshore Wind, a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei…
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building…
US wind developers Cape Wind have applied to relinquish its lease offshore Massachusetts, which at one time had been set to be America's first offshore wind farm. A series of setbacks endured by Cape Wind allowed the honor of America's first…
US offshore wind developer Deepwater Wind has unveiled plans for a 'utility-scale' offshore wind and energy storage project offshore Massachusetts. Revolution Wind would be a 144 MW wind farm paired with a 40 MW hour battery storage system provided by Tesla…
Danish utility and oil firm DONG Energy is laid claim to being the first company worldwide to have installed 1000 offshore wind turbines. Its offshore wind turbine number 1000 was commissioned at the German offshore wind farm Gode Wind 2…
Siemens has been awarded its first commercial offshore wind order from Finland. The company will supply, install and commission 10 wind turbines, each with a capacity of 4 MW and a rotor diameter of 130m, for the Tahkoluoto offshore wind farm in the Baltic Sea…