A day-long celebration will today mark the opening for signature of the Paris Climate Change Agreement at the United Nations headquarters in New York, with more than 160 countries having expressed their intention to sign the agreement. Events will start at 8.30 am EST with an opening ceremony in the
Operational offshore wind projects may be rated investment-grade, subject to adequate mitigation of technical and operational performance risk, Fitch Ratings said in a report. Offshore wind farms under construction are exposed to materially greater challenges compared with onshore projects and their
Global energy-related carbon dioxide emissions (CO2), the largest source of man-made greenhouse gas emissions, stayed flat for the second year in a row as renewable energy surged, according to analysis of preliminary data for 2015 released today by the International Energy Agency (IEA). “The new fig
Powered by 30,500 MW of new installations in China, the global wind power industry installed 63,013 MW in 2015, representing annual market growth of 22%, according to the Global Wind Energy Council (GWEC). Germany led a stronger than expected performance in Europe with a record 6 GW of new installat
Developing renewable power resources such as wind and solar presents a USD 12 trillion investment opportunity over the next 25 years, Michael Liebreich, chairman and founder of Bloomberg New Energy Finance, said during the Investor Summit on Climate Risk held at the United Nations’ headquarters in N
Changes in energy mix are necessary to enable development and integration of mature renewables and meet both a projected 40% increase in the demand for energy until 2040, and the commitments derived from the Climate Summit in Paris, Ignacio Galán, Chairman of Iberdrola, said today during the annual
Dramatically scaling up renewables in the global energy mix by 2030 would increase global gross domestic product (GDP), social welfare and employment worldwide, according to a new report released by the International Renewable Energy Agency (IRENA). Renewable Energy Benefits: Measuring the Economics
The Offshore WIND staff would like to wish all our readers a happy, prosperous, and offshore wind-powered 2016! Happy New Year! Image source: Marc Pearce
National climate pledges in emerging markets and an ambitious deal in Paris could spark an export boom for the European wind industry, according to the European Wind Energy Association (EWEA). China, India, Morocco, Brazil and Turkey are just a few of the countries that have made post-2020 national
The UN Climate Change Conference in Paris was officially opened at 10 am local time today, and will kick off with a Leaders Event where an estimated 150 presidents, prime ministers and heads of states will deliver their speeches. This is the twenty-first session of the Conference of the Parties (COP
French multinational bank BNP Paribas will more than double the financing resources allocated to the renewable energy sector, from EUR 6.9 billion in 2014 to EUR 15 billion in 2020, and strengthen its policies for the management of carbon risk. The bank will also continue to promote Green Bonds to i
Developing nations eclipsed the world’s wealthiest countries in 2014, attracting more clean energy investment and building more wind, solar, and other renewable power generation than ever before, according to a global assessment released by Bloomberg New Energy Finance today. Climatescope, the clean
Blackbird International Corporation (BBRD), a wave energy technology company, through its wholly owned affiliate (WERPO) and Wadamba Technovations Pty Ltd have agreed to set up a joint venture to install a 500 MW power plant in South Africa. Daniel Naimi, head of operations, states: “We are most ple
Envision Energy has announced the appointment of John Childs as Head of Turbine Business Development in Europe, Middle East Africa (EMEA) markets. Childs will be based in the company’s Global Innovation Center in Denmark. “We had significant achievement in the past years, in 2014, Envision ranked No
