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The U.S. Bureau of Ocean Energy Management (BOEM) is planning to continue advancing renewable energy through an aggressive leasing program if the proposed USD 193.4 million Fiscal Year 2020 budget request is approved. Proposed by President Donald Trump, the budget request focuses on the execution of BOEM’s plans for offshore renewable energy, offshore oil and gas exploration and leasing, […]
Vattenfall plans to invest SEK 24 billion (EUR 2.3 billion) in wind power in 2019 and 2020, the Swedish energy company said in its 2018 Year-End Report. In December 2018, Vattenfall made the investment decision for the 605MW Kriegers Flak offshore wind farm in Denmark. The investment decision for the Vesterhav Syd & Nord offshore wind […]
Mayflower Wind Energy could bring its Massachusetts offshore wind farm into operation by the mid-2020s, the company stated following the announcement of the provisional lease winners on 14 December.
MHI Vestas Offshore Wind has confirmed that its 9MW turbine platform will be typhoon ready in 2020, in time for all offshore wind projects in Taiwan.
First wind turbines could be installed offshore India by as early as 2020, however, several pre-conditions must be met for this to be achieved, Steve Sawyer, Secretary General of the Global Wind Energy Council (GWEC) said.
TenneT’s offshore grid connection systems connect a total capacity of 5,332MW of offshore wind energy to land and have thus met more than 82% of the Federal Government’s expansion target that envisages 6,500MW of offshore wind by 2020.
Senvion plans to launch a prototype of the 10MW+ offshore wind turbine by late 2019 or early 2020, Jörg Philp, Head of Sales Offshore at Senvion, said.
Siemens Gamesa has launched a new offshore wind turbine – SG 8.0-167 DD – said to increase the annual energy production (AEP) compared to the 7MW model by 20%. The 8MW turbine is expected to be market-ready in 2020.
Belgium has the potential to almost double its installed offshore wind capacity planned for 2020, according to Flemish Minister for Energy Bart Tommelein, who sees the 2,200MW capacity planned for 2020 going to 4,000MW.
The floating island concept, revealed earlier this year, will now be further studied and developed through a Horizon 2020-funded project [email protected] that started on 1 November and will run for three years.
After a likely record year in 2017 with 14GW, offshore wind energy in Europe continues its growing process with expectations that it will reach 25GW by 2020.
WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.
In the third quarter of fiscal year 2017 (from April to June 2017), Siemens Gamesa Renewable Energy’s revenues were down 7% year-on-year. Revenue from the sale of wind turbines decreased by 9%, reflecting lower sales volumes of 1,950W (-25%), as a result of temporary market conditions in the onshore business, as well as normal business volatility in the offshore market, the company said.
German government’s goal of 6.5GW of grid-connected offshore wind power by 2020 could be surpassed as the industry could have 7.7GW connected to the grid by that time, according to a report from national industry organisations.
The governments of Germany, Belgium and Denmark came together with offshore wind industry captains in signing a Joint Statement to further the deployment of offshore wind energy in Europe.
The world could see as much as 237MW of floating offshore wind capacity installed by 2020, according to Bloomberg New Energy Finance (BNEF).
European renewable energy industry and investors need clarity on volumes and regulatory frameworks in the years after 2020 to be able to continue investing, according to WindEurope. Without the clearly set targets and regulations for the period after 2020, financing and deployment of new projects in Europe is likely to stall, WindEurope said in its […]
The cost of energy from offshore wind has fallen by 32% since 2012 and is now below the joint UK government and industry target of GBP 100 per megawatt hour (MWh) four years ahead of schedule, according to a report delivered by the Offshore Renewable Energy (ORE) Catapult on behalf of the Offshore Wind Programme […]
In 2016, 818MW of offshore wind capacity went online in Germany, bringing the total capacity of offshore wind turbines connected to the grid to 4,108MW. However, further momentum could be inhibited by the federal government which has limited expansion to 500MW a year after 2020, according to a new report.
The European Commission has announced that the European Fund for Strategic Investments (EFSI) will be extended for three further years to 2020, with the aim of mobilising EUR 500 billion in investment. EFSI was set up in 2015 to kick-start investments in the EU by mobilising private finance, and a large part of investments under […]
UK participants of the European Union’s Horizon 2020 Programme can rest assured that the approved projects applied for before the UK leaves the European Union will not be affected by the so-called Brexit, as the UK Treasury will underwrite funding for those Horizon 2020 projects. British businesses and universities will have certainty over future funding and should continue […]
The UK Government’s consultation on whether to modify renewable energy subsidy regulations to allow the support to projects due to start between 2020 and 2026 closes today. Although the UK Government has recently cut support for onshore wind and solar, it has indicated it will provide further support for offshore wind and potentially other “less established” […]
European renewable associations have issued a joint statement saying legislative proposals must now deliver on the binding renewable energy target. In October 2014, 28 EU Heads of State agreed that a binding target for renewables should be set at the EU level to meet their collective climate and energy ambition. Since then, the European Parliament […]
To meet global climate and sustainable development goals, investment in renewable energy must double by 2020 and more than triple by 2030, according to IRENA’s new report Unlocking Renewable Energy Investment: the role of risk mitigation and structured finance, which finds that reaching this level of investment is entirely possible. It will require policymakers and public […]
RenewableUK has welcomed today’s £2.6 billion Final Investment Decision by SSE, Copenhagen Infrastructure Partners and SDIC Power of China to build Beatrice offshore wind farm. In total, the UK now has more than 10 gigawatts of offshore wind capacity operating, under construction or with final investment decisions taken. With 5.1GW operational, 0.8GW being built and 4.3GW […]
Vattenfall will submit a planning application for its 1.8GW Norfolk Vanguard offshore wind farm to the UK Planning Inspectorate in 2018, with hope it will obtain an irrevocable consent in early 2020. If all processes run as smoothly as expected and a final investment decision is taken, offshore construction can start in the early 2020s, according to Ruari Lean, […]