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Innogy reported an adjusted EBIT of EUR 1,553 million in the first half of 2018, 10% less than in the same period last year, said to be influenced by the negative weather effects on the Renewables division.
Industry and research communities from five different European countries have launched a project aiming to develop composite materials expected to allow a 30% increase in wind turbine blade durability and a considerable reduction in blade-related costs.
The deployment of 1,600MW of offshore wind is estimated to generate a total economic impact of between USD 1.4 billion to USD 2.1 billion in Massachusetts, according to a report by the Massachusetts Clean Energy Center (MassCEC).
The UMass Dartmouth Public Policy Center (PPC) has launched a new project which will monitor the offshore wind industry in the United States and analyze its economic development and workforce implications.
Earlier this year, the Fraunhofer Institute for Wind Energy and Energy System Technology (IWES) released the first wind index for offshore wind farms. The Fraunhofer IWES Offshore Wind Energy Index (FROENIX) helps with estimating the inter-annual power density variation at offshore wind farm sites.
New research into the benefits of the Beatrice offshore wind farm shows the social and economic impact the project is expected to deliver.