Offshore

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US Releases Strategy to Deploy 30 GW of Offshore Wind by 2030

The U.S. Department of Energy (DOE) released its Offshore Wind Energy Strategy, which targets deploying 30 GW of offshore wind projects by 2030 while spurring $12...

March 30, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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EnBW Takes €2.4 Billion Final Investment Decision on Offshore Wind Project

German electric utility company Energie Baden-Wuerttemberg (EnBW) has made its final €2.4 billion (~$2.6 billion) investment decision on He Dreiht, a major wind project...

March 24, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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Germany’s 3.21 GW Wind and 217 MW Solar Tenders Undersubscribed

Germany’s recent offshore wind energy auction for 3.21 GW has received interest for only less than half (1.5 GW) of the capacity on offer, according to the Federal...

March 3, 2023

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Arjun Joshi

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Solar

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Technology

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Wind
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Germany Invites Bids for 1.8 GW of Offshore Wind Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has launched a new offshore wind auction to install 1.8 GW of offshore wind power projects in the North Sea,...

March 1, 2023

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Arjun Joshi

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Tenders & Auctions

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Wind
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U.S. Announces New Investments for Floating Offshore Wind Deployment

The U.S. Department of Energy (DOE) announced a series of investments to accelerate the deployment of floating offshore wind in the country. The DOE will partner with...

February 23, 2023

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Gourav Mishra

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Other

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Renewable Energy
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bp acquires 55% Stake in Deep Wind Offshore, Expands to South Korea

Global energy business conglomerate bp and Deep Wind Offshore, an offshore wind project developer, have formed a joint venture to explore projects in South Korea. Under...

February 16, 2023

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Gourav Mishra

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Finance and M&A

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Wind
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EU to Fund France with €2 Billion for Developing Offshore Wind Projects

To support offshore wind projects in France, the European Commission (EC) has approved a €2.08 billion (~$2.2 million) funding which will help the EU meet the objectives...

February 13, 2023

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Gourav Mishra

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Other

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Wind
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Siemens Gamesa’s Q1 Net Loss Widens to €884 Million on Higher Service Costs

Spain-based wind turbine maker Siemens Gamesa’s net loss widened to €884 million (~$971.9 million) for the first quarter (Q1) of the financial year (FY) 2023 compared to...

February 2, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Wind
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Hexicon Inches Closer to Developing 7.1 GW Offshore Wind Projects in Italy

Italy’s transmission system operator (TSO) Terna SpA has approved six of Sweden-based Hexicon’s seven proposed floating wind power projects for connection to...

January 23, 2023

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Gourav Mishra

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Finance and M&A

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Wind
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The Crown Estate To Lease Seabed For Six Offshore Wind Projects

The Crown Estate, which manages land and the seabed around England, Wales, and Northern Ireland, said it would lease the seabed for six offshore wind projects that could...

January 19, 2023

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Arjun Joshi

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Markets & Policy

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Wind
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Daily News Wrap-Up: Hitachi Energy to Offer Solutions to 1.44 GW Offshore Wind Farms

Here are some noteworthy cleantech developments from around the world: Hitachi Energy bagged two orders from Equinor and Polenergia to provide an AC grid connection and...

January 10, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Shell and Eneco to Develop a 760 MW Offshore Wind Farm in the Netherlands

Global energy majors Shell and Eneco bagged a tender to develop a 760 MW offshore wind farm at Hollandse Kust (west) lot VI, in the Netherlands. The cost of the project...

December 19, 2022

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Gourav Mishra

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Renewable Energy

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Wind
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Tamil Nadu Could Add 25 GW of Wind Power Capacity by 2030: GWEC Report

Tamil Nadu could add 25 GW of new wind power capacity by 2030, according to a new roadmap released by the Global Wind Energy Council (GWEC). Tamil Nadu has an installed...

December 12, 2022

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Arjun Joshi

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Markets & Policy

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Wind
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Area Lease Auction for Offshore Wind Projects in California Raises $757 Million

The Biden administration said that it has received more than $757 million in winning bids for offshore wind development rights in California, making it the third major...

December 8, 2022

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Rakesh Ranjan

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Other

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Wind
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India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

A Danish-Indian collaborative study, which aims to support India’s 30 GW offshore wind target by 2030, has identified fifteen zones for the first offshore wind...

November 24, 2022

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Arjun Joshi

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Markets & Policy

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Wind

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