Renewable Energy News

 

Floating Solar Potential is Huge, But Not Without Challenges, DNV Says

May 11, 2022

The potential global capacity for deploying floating solar photovoltaic (FPV) power is currently around 4 terawatts (TW) and installed capacity will reach 10 gigawatts (GW) worldwide by 2025, energy expert and assurance provider DNV said Wednesday…

Norway Eyes Major Offshore Wind Expansion with 30GW Planned by 2040

May 11, 2022

Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.The center-left government, which has come…

TotalEnergies Confirms Green Light for Floating Wind Project in the Mediterranean Sea

May 10, 2022

TotalEnergies, the French oil major with growing renewables aspirations, on Tuesday confirmed the start of the construction of the 30MW Eolmed floating wind project in the Mediterranean Sea, off France.The project, in which TotalEnergies has a 20% stake…

Sembcorp Marine Orders NOV Equipment for Maersk's Wind Turbine Installation Vessel

May 09, 2022

Singapore-based Sembcorp Marine has awarded NOV contracts to supply equipment for the wind turbine installation vessel (WTIV) it is building for Maersk Supply Service. This will be the first WTIV for both Semcorp Marine and Maersk Supply Service…

Digital Twins, AI to Help North Star's SOV Fleet Boost Efficiency, Cut Emissions

May 09, 2022

MO4, a company providing digital twin solutions for offshore wind farm O&M and turbine and installation vessels, has won a 10-year contract with North Star, a company soon to have a fleet of service operations vessels (SOV) of offshore wind…

Marco Polo Marine Wraps Buy of Taiwan-based PKR Offshore

May 06, 2022

Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…

GIP to Buy wpd's Offshore Wind Business

May 06, 2022

Independent infrastructure investor Global Infrastructure Partners ('GIP') has agreed to acquire offshore wind farm developer wpd offshore from the German company wpd AG.wpd offshore has a track record of ~7 GW of offshore wind developed to date…

Wind Turbine Makers Struggle to Find Pricing Power

May 05, 2022

Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous…

Green Light for 30MW Floating Wind Farm Pilot in French Mediterranean

May 05, 2022

The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…

GE, HSM Offshore Energy to Jointly Bid for Offshore Wind Substation Work

May 05, 2022

GE's Grid Solutions business, a global power industry systems provider, has signed a memorandum of understanding with offshore platform and modules builder HSM Offshore Energy to partner on offshore wind substations projects'This MoU can help…

Eco Wave Power to Install Wave Energy Power Plant in Spanish Port

May 05, 2022

Wave energy technology firm Eco Wave Power has entered an official agreement with Port Adriano, Spain, for the potential construction of a wave energy power plant of up to 2MW. According to the terms of the agreement, Port Adriano will assign…

Fred. Olsen 1848 Introduces 'Game-changing' Floating Wind Foundation Brunel

May 05, 2022

Fred. Olsen 1848, a Norwegian company developing technologies and solutions for the renewable energy industry, has launched a foundation for floating wind turbines, called Brunel, which, the company says, will be a game-changer that can unlock the potential of floating offshore wind…

Siemens Gamesa Names Dawidowsky COO

May 04, 2022

Wind turbine maker Siemens Gamesa has appointed Tim Dawidowsky as its Chief Operating Officer.The company is hoping Dawidowsky's expertise in supply chain management, procurement, and prodject management will help alleviate issues flagged last month when Siemens Gamesa pulled its 2022 guidance…

Cadeler in Talks to Order Offshore Wind Foundation Installation Vessel

May 04, 2022

Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…

India Plans to Install 30GW of Offshore Wind

May 04, 2022

India plans to set up 30,000 megawatts (MW) of offshore wind power capacity alongside 50,000 MW of solar capacity, the country's power minister said on Tuesday.'India has focused programs for capacity addition and accelerating the energy transition…

Current News

Liberty Green Creates Offshore Wind Consortium

Liberty Green Creates Offshore Wind Consortium

Equinor Spuds First of Two Offshore Wells in Canada's Flemish Pass

Equinor Spuds First of Two Offshore Wells in Canada's Flemish Pass

Crew Transfer Vessel-maker Strategic Marine Orders 50 Caterpillar Engines Citing Supply Chain Chaos

Crew Transfer Vessel-maker Strategic Marine Orders 50 Caterpillar Engines Citing Supply Chain Chaos

Westwood: Offshore Drilling Rig Utilization Much Higher Than Typically Reported

Westwood: Offshore Drilling Rig Utilization Much Higher Than Typically Reported

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