Cumulative global capex spend in the offshore wind sector is expected to hit USD 1 trillion by 2031, but investors will no longer only be competing on price alone, according to a new report by Wood Mackenzie. Offshore wind is poised to become one of the key technologies powering the decarbonisation
The following article is a guest post by Jonathan Morton, Associate at the international commercial law firm Haynes and Boone. The embrace of floating offshore wind has come surprisingly fast. There is already talk of floating wind sites with more than 100 turbines being built by 2032, and the inter
The Global Wind Energy Council (GWEC) and the Global Wind Organisation (GWO) have signed an agreement to map out workforce training needs in support of renewable energy development. According to the organisations, the two-year agreement outlines the importance of safety, training, and job creation t
The Global Wind Energy Council (GWEC) has published a report, Floating Offshore wind – a Global Opportunity, that outlines how five countries could accelerate the growth of floating offshore wind. The GWEC report identifies Ireland, Italy, Morocco, the Philippines, and the US as the “chasing pack”.
The total pipeline of offshore wind projects around the world now stands at 413 GW, new research by RenewableUK’s Project Intelligence team has shown. The pipeline includes projects which are fully operational, under construction, consented or being planned. The UK has a total pipeline of 63.2 GW of
Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen. The
