5074 results found for 'Bay State Wind'

5074 results found for 'Bay State Wind'
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  • New Jersey Cancels Fourth Offshore Wind Solicitation Amid Federal Shifts and Shell’s Exit

    4 February 2025
    Authorities, Planning & Permitting

    The New Jersey Board of Public Utilities (NJBPU) has cancelled the bidding process for the state’s fourth offshore wind solicitation, citing uncertainty caused by recent federal actions and Shell’s withdrawal from the Atlantic Shores offshore wind project. The state’s fourth round of offshore wind solicitation was launched in May 2024, initially aimed at awarding between […]

  • UK’s Energy Transformation worth GBP 200 Billion Needs UAE Investments

    21 January 2013
    Authorities, Business & Finance

    While recently speaking at the World Future Energy Summit in Abu Dhabi Greg Barker, the UK’s Minister of State for Energy and Climate Change, said that British energy transformation to renewables will cost about GBP 200 billion and that it is reliant to UAE’s investments. “The latest energy law [is] going to substantially expand the […]

  • Star of the South Shortlists Five Ports that Could Support Australia’s First Offshore Wind Farm

    18 August 2023
    Ports & Logistics

    Star of the South, Australia’s most advanced offshore wind project, has identified five ports that have the potential and/or capabilities to support the proposed offshore wind farm. For two of the ports, Star of the South has confirmed that they will play important roles in the offshore wind farm’s construction and operation. The developer says […]

  • Insurance Industry Keeps Up with Renewable Energy Development

    6 August 2014
    Business & Finance

    As the need for energy security drives investment in renewable energy, the insurance industry is responding by providing innovative products to mitigate some of the potential volatility. Global investment in renewables fell by 14% during 2013, but the percentage of electricity generated by renewable sources still grew, according to the United Nations Environment Program. Renewables […]

  • Study Demonstrates Mid-Atlantic’s Offshore Wind Power Capacity (USA)

    29 January 2012
    R&D

    Offshore wind farms could generate more than enough energy to meet Maryland’s annual electricity consumption, according to a just-published study by researchers at the University of Delaware. The potential power output is nearly double current energy demands for the state, even when taking into account various limitations on where to place equipment in the Atlantic. […]

  • IKEA Owner Cleared to Buy Stake in 9 GW Offshore Wind Portfolio

    9 November 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Sweden-headquartered OX2 has secured regulatory clearance to sell a 49 per cent stake in an up to 9 GW portfolio of offshore wind projects to the investment arm of Ingka Group, the largest retailer in the IKEA franchisee system. The deal is expected to be completed within two weeks. Under the agreement revealed in August […]

  • The Netherlands: Risk Margin for Offshore Wind Project Increases

    31 January 2012

    Every day newspapers are full of the latest Eurozone crisis. In 2010, Tom Murley from private equity firm HgCapital described the economy to Wind Directions as having had the equivalent of “open-heart surgery”. Today, he says: “Depending on what happens with the Eurozone we may be wheeling the economy back into surgery again.” The offshore […]

  • Developer Says Offshore Wind Project Could Bring USD 25+ Billion in Benefits to US State

    8 March 2023
    Business & Finance, Contracts & Tenders, Industry, Infrastructure, Jobs & Recruitment, Outlook & Strategy, Ports & Logistics, Training & Education

    Attentive Energy One (AE1), a joint venture of TotalEnergies and Rise Light & Power, said that its proposal to build an offshore wind farm off New York would, if approved, result in USD 25.6 billion in benefits to New York State. One of the cornerstones of its plans is a flagship manufacturing agreement with General […]

  • Maryland Governor Enacts Bill that Enables State to Re-Allocate Ørsted’s Skipjack ORECs to US Wind

    13 May 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates

    Maryland Governor Wes Moore signed a new offshore wind bill on 9 May, under which the State will create a schedule for offshore wind solicitations until 2031 and revise previous solicitations. The latter will allow the State to re-allocate the support awarded to Ørsted’s Skipjack project, from whose power purchase agreement the developer withdrew, to […]

  • Ocean Planning Is the Key to Unlock America’s New Blue Economy

    12 May 2016

    Written by Shiva Polefka, Policy Analyst for the Center for American Progress’ Ocean Policy program.  The thin coastal fringe of the United States comprises a tiny proportion of the nation’s total land area but supports a huge share of its business. Coastal and Great Lakes counties alone—just 10 percent of U.S. land area, excluding Alaska—generated more […]

  • SDCL Takes UK Govt to Court Over Naming Macquarie Preferred GIB Bidder

    2 March 2017
    Authorities, Business & Finance

    Sustainable Development Capital (SDCL), a UK-based specialist investment banking and asset management company, has initiated a judicial review of the UK government’s decision to name Australian investment bank Macquarie preferred bidder for the Green Investment Bank (GIB).

  • Rhode Island Could Remove Utility Incentives for New Offshore Wind Projects

    6 June 2022
    Authorities

    A new bill in Rhode Island, which will facilitate procuring further 600 MW of offshore wind capacity, could cut the costs for consumers as it removes incentives for which utility companies were entitled by signing long-term contracts with newly developed renewable energy projects. The bill, set to go before the State Senate on 7 June, […]

  • Vineyard Wind Books New Bedford Marine Commerce Terminal

    23 October 2018
    Contracts & Tenders, Ports & Logistics, Wind Farm Update

    US offshore wind developer Vineyard Wind has signed an agreement to lease the New Bedford Marine Commerce Terminal for a period of 18 months.

  • Rhode Island offshore wind energy and fishing (USA)

    23 May 2010
    Environment, R&D

    The Deepwater Wind Project in Rhode Island makes me proud to be a Rhode Islander. This project further stakes our claim as the Ocean State,…   [mappress] Source: warwickonline, May 21, 2010;

  • Energy Minister: Government Intends to Safeguard UK’s World-Leading Offshore Wind Position

    22 May 2014
    Authorities, Business & Finance

    Importance of the UK’s offshore wind industry was at the heart of a speech delivered by Greg Barker, the UK Minister of State for Energy and Climate Change, to the Royal Bank of Canada Capital Markets on UK renewables infrastructure investor day.   Mr. Barker stressed that the UK is now the fastest-growing economy in […]

  • Vattenfall Buying Majority Stakes in Two Wind Farm Projects Offshore Sweden

    20 June 2022
    Business & Finance, Wind Farm Update

    Vattenfall is buying the majority share in two offshore wind projects with a combined capacity of 2.8 GW located off the coast of Gothenburg, Sweden, from the wind power company Zephyr. Once fully developed, the projects are expected to generate 10.5 TWh of fossil-free electricity annually, the Swedish energy company said. The two wind projects, […]

  • US Updates Visa Guidance for Offshore Wind Vessel Crews

    18 September 2019
    Authorities, Business & Finance

    The U.S. State Department has updated its policy guidance to include a visa category for crewmembers who will work onboard vessels deployed in offshore wind operations. The new guidance, part of the Foreign Affairs Manual (FAM), solves a regulatory hurdle that was causing logistical problems for the industry by clarifying the correct type of visa to be issued […]

  • The importance of risk analysis

    23 August 2016

    Being an expert in any industry is a great responsibility. Being an expert in assessing the risk of potentially dangerous situations in an industry is an even greater responsibility. It is not only financial investments that rely on expert advice, lives also depend upon the policies and decisions made by these experts. Costa Renewables is such a company that […]

  • NOAA to Survey U.S. Coastal Waters

    29 April 2014
    Authorities, R&D

    The U.S. National Oceanic and Atmospheric Administration’s (NOAA) ships, small boats, and hydrographic services contractors have their sailing orders to survey more than 2,000 square nautical miles in U.S. coastal waters this year, collecting data that will strengthen the foundation of the nation’s environmental intelligence. Most of the vessels are sailing to their initial project […]

  • U.S. Atlantic Coast States Choose Renewables over Drilling

    29 January 2015
    Authorities, Business & Finance

    The U.S. Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) has recently released a draft strategy for offshore oil and gas leasing, which has shown that a significant number of officials representing eastern coastal states disapprove the plan, recommending renewable energy, especially wind power, as a better solution that would create more jobs and energy than drilling.  Atlantic region in the […]

  • US Offshore Wind Project Pipeline Nears 53 GW

    26 September 2023
    Authorities, Fixed-Bottom, Floating Wind, Industry, Market Outlooks, Outlook & Strategy, Planning & Permitting

    The US has almost 53 GW of offshore wind projects in operation, development and planning stages. This could power more than 18 million US households if all the projects currently in development and planning are built. The US offshore wind pipeline reached 52,687 MW at the end of May 2023, with two offshore wind farms […]

  • Nordlicht 1 Offshore Wind Turbine Order Lands on Vestas’s Desk

    1 April 2025
    Business & Finance, Fixed-Bottom, Manufacturing, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    Vestas has secured a firm order for the Nordlicht 1 offshore wind project in Germany, for which the Danish OEM will deliver 68 of its V236-15.0 MW wind turbines. The total order of 1,020 MW for Vattenfall’s wind farm that has a grid connection capacity of 980 MW includes an additional 40 MW to use […]

  • Galway Bay Test Site Opens Door to Floaters

    5 April 2016
    Authorities, R&D, Technology

    Ireland’s Marine Institute has applied for a foreshore lease for the Galway Bay Marine and Renewable Energy Test site which would potentially allow the installation of floating wind turbines at the site. The Marine Institute denied seeking permission from the country’s Department of the Environment, Community and Local Government to install three turbines at Galway Bay, as reported by […]

  • Swedish Port to Buy Minority Stake in Eolus Vind’s 1 GW Offshore Wind Project

    1 May 2023
    Contracts & Tenders, Wind Farm Update

    The Gothenburg Port Authority has announced that it intends to buy a minority stake in Eolus Vind’s Västvind offshore wind power project located in the Swedish economic zone. Under the agreement, the Gothenburg Port Authority will acquire 5 per cent of the shares in the project company that owns Västvind and Eolus will remain as […]

  • Vattenfall Tables Thanet Extension Plans

    6 January 2017
    Authorities, Business & Finance, Grid Connection, R&D, Wind Farm Update

    Vattenfall has started developing a proposal for an extension to the existing and operational Thanet offshore wind farm located approximately 12 kilometres from the shore at Margate in Kent, UK. The extension would comprise addition of up to 34 turbines on the edges of the existing 300MW wind farm which has been operational since 2010. Using the […]

  • Ingenium Develops Unique Catamaran Vessel for Offshore Windmill Foundations Installation (Norway)

    11 October 2011
    Technology

    The market for offshore windmills is facing a significant increase. Currently it is installed or under construction around 1 500 offshore windmills, mainly in North Europe. More than 10 000 are being planned. The developers are looking for cost efficient installation methods and equipment. Ingenium AS Oslo, Norway has taken the challenge and developed a […]