809 results found for 'New Jersey'

809 results found for 'New Jersey'
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  • 27 February 2012

    A cavernous 70-year-old warehouse once used by the Navy is being transformed to play a key role in the nation’s energy future. Sometime this summer, workers will jockey a 150-ton rig designed to test the drive trains of offshore wind turbines into a massive hole in the floor of the testing facility on the campus […]

  • 3 June 2016
    Authorities, Business & Finance

    U.S. Secretary of the Interior Sally Jewell has announced the proposed lease sale of 81,130 acres offshore New York for commercial wind energy leasing. The proposed lease area, approximately 11 miles south of Long Island, is identical to the New York Wind Energy Area, which Interior’s Bureau of Ocean Energy Management (BOEM) identified earlier this year […]

  • 7 June 2022
    Authorities

    The US Department of Energy yesterday (6 June) released a Notice of Intent to fund the USD 8 billion programme to develop regional clean hydrogen hubs (H2Hubs) across the country. The multi-billion-dollar programme, announced in February as part of the investment under the Bipartisan Infrastructure Law, will allocate the funds to four H2Hubs and already […]

  • 25 April 2013

    By unanimous vote of the Board of Directors, the American Wind Energy Association (AWEA) today announced that Tom Kiernan has been named as the organization’s new Chief Executive Officer. Kiernan has served as President of the National Parks Conservation Association (NPCA) since 1998. On May 28, he will officially take the helm at AWEA, the […]

  • 1 October 2015
    Business & Finance

    The momentum building for the development of offshore wind power in the U.S. was on full display over the last two days during the American Wind Energy Association’s (AWEA) Offshore WINDPOWER Conference & Exhibition at the Baltimore Convention Center in Baltimore, Maryland. AWEA Offshore WINDPOWER keynote speakers Abigail Ross Hopper, Director, Bureau of Ocean Energy […]

  • 1 August 2024
    Business & Finance, Business development, Contribution, Industry, Jobs & Recruitment, Supply Chain

    This is an op-ed piece by Sam Salustro, Vice President of Strategic Communication at Oceantic Network, the US offshore renewable energy industry organisation.  Six months occupied with questions about the upcoming election have muddied the waters, shifting the conversation about offshore wind energy away from the real groundwork being laid and progress already underway in […]

  • 9 September 2011

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announces financial results for its fiscal 2012 first quarter ended July 31, 2011.  “In the past few months, Ocean Power Technologies has continued to make strides towards the commercialization of its PowerBuoy technology in our target markets around the globe,” said Charles F. Dunleavy, Chief Executive Officer […]

  • 16 September 2011

      New York City Offshore Wind Collaborative, consisting of Consolidated Edison Company of New York (Con Edison), the Long Island Power Authority (LIPA), and the New York Power Authority (NYPA) today took the next step to advance the offshore wind project by filing a lease application with the U.S. Bureau of Ocean Energy Management, Regulation […]

  • 13 September 2013
    Business & Finance

    Ocean Power Technologies, Inc. (OPT) today announced financial results for its Fiscal 2014 first quarter ended July 31, 2013. Highlights The Company’s net loss for first quarter of Fiscal 2014 declined to $3.8 million from $4.4 million in the first quarter of Fiscal 2013. OPT also recently announced the following developments: — Deployment of the […]

  • 3 February 2017
    Business & Finance, Contracts & Tenders

    DONG Energy yesterday revealed its ambition to increase the installed offshore wind capacity to 11-12GW at the end of 2025.

  • 1 October 2013

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced the successful in-ocean operation of an acoustic sonar system integrated with its APB-350 Autonomous PowerBuoy®, marking an important expansion of the system’s maritime surveillance capabilities. In addition to the sonar’s ability to detect sub-surface vessels, the three-week demonstration off the coast of New Jersey under a […]

  • 20 May 2014
    Business & Finance

    Rerouting ships to open up areas for offshore wind development could save billions of dollars in construction and operating costs for the renewable energy source, according to new findings by the University of Delaware’s College of Earth, Ocean, and Environment (CEOE). The savings come at a relatively small expense for sending commercial ships slightly farther […]

  • 30 March 2021
    Authorities

    The US has set a national target of 30 GW of installed offshore wind capacity by 2030 as a centerpiece of a newly introduced plan by the Biden Administration to jumpstart offshore wind energy and create tens of thousands of jobs in the sector over the next decade. The ambitious offshore wind target will support […]

  • 5 September 2013

    As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Interior Department completed the nation’s second competitive lease sale for renewable energy in federal waters, garnering $1,600,000 in high bids for 112,799 acres on the Outer Continental Shelf offshore Virginia. Virginia Electric and […]

  • 26 January 2018
    Authorities

    On 24 January, Maine Governor Paul LePage issued an executive order setting up the Maine Wind Energy Advisory Commission and placing a moratorium on new permits to wind energy projects until the newly-established commission releases its report after studying the economic impact wind turbines have on tourism. 

  • 12 April 2018

    By: Jason Deign, for New Energy Update The US offshore wind sector ended 2017 on a slightly ironic note. Plans for Cape Wind, which was supposed to have been the country’s first offshore wind farm, were finally shuttered after a long period of uncertainty.[1] But prospects for the rest of the market looked better than […]

  • 9 December 2011
    Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) today announces financial results for its fiscal 2012 second quarter ended October 31, 2011. “We ended the second quarter of fiscal 2012 with further progress on PowerBuoy deployments, and a number of business development initiatives to commercialize our technology are currently underway,” said Charles F. Dunleavy, Chief […]

  • 18 June 2014
    Authorities

    Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank joined Massachusetts Governor Deval Patrick to announce more than 742,000 acres offshore Massachusetts will be available for commercial wind energy leasing. The proposed area is the largest in federal waters and will nearly double the federal offshore acreage […]

  • 29 June 2015

    Block Island Block Island wind farm has successfully reached financial close, marking it the first offshore wind project in the USA to get realised. The mile stone was reached after over $290m investment was secured in project financing by Mandated Lead Arrangers Societe Generale of Paris, France, and KeyBank National Association of Cleveland, Ohio following […]

  • 3 March 2013
    Authorities

    Sens. Tom Carper and Chris Coons and Rep. John Carney (all D-Del.) introduced the Incentivizing Offshore Wind Power Act to provide critical financial incentives for investment in offshore wind energy. This legislation would provide the offshore wind industry with enhanced stability by extending investment tax credits for the first 3,000 Megawatts of offshore wind facilities […]

  • 27 January 2023
    Authorities, Business & Finance, Contracts & Tenders

    New York’s third competitive offshore wind solicitation has attracted bids from a number of major players including Ørsted and Eversource, Equinor and bp, RWE and National Grid, Invenergy and energyRe, and Rise Light & Power, among others. In July of 2022, New York’s Governor Kathy Hochul announced New York’s third competitive offshore wind solicitation for […]

  • 6 November 2023
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Supply Chain, Vessels, Wind Farm Update, Wind Turbines

    Several days ago, Ørsted called it quits on the Ocean Wind 1 offshore wind farm in the US, with some of the main issues leading to the decision to abandon the project being supply chain bottlenecks, primarily vessel shortages. This has affected not only the now-dropped Ocean Wind 1 but also the company’s Revolution Wind […]

  • 20 April 2010
    Business & Finance

    WASHINGTON, D.C. – A bipartisan group of five U.S. Senators introduced legislation today that would spur research on potential offshore wind projects, expand incentives for offshore wind development, and require the Department of Energy (DOE) to develop a comprehensive roadmap for the deployment of offshore wind.

  • 1 February 2016
    Authorities, Business & Finance, Environment, R&D, Training & Education

    The most compelling action to encourage offshore wind development in the United States is to have real live examples of successful offshore wind projects, Charles Nordstrom, a Senior Associate and Head of the US team at BVG Associates, told Offshore WIND in an interview. The first offshore wind farm in US waters, currently under construction off […]

  • 1 September 2021

    Written by Javier Lanfranchi – Senior Sales Area Manager at Faccin Wind Energy in the US The US government has announced in March this year its plan to install 30 gigawatts—to power 10 million homes—of offshore wind capacity in US waters by 2030, creating in the process thousands of jobs for manufacturing first, and then installing, […]

  • 7 January 2025
    Business & Finance, Business development, Environment, Outlook & Strategy, Planning & Permitting

    Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Agriculture, Fisheries, Food Security and Nature has […]