The global wind Operations and Maintenance (O&M) is estimated to increase from USD 10 billion in 2015 to USD 17 billion by 2020, at a compound annual growth rate of 11.2%, according to research and consulting firm GlobalData. The company’s latest viewpoint states that technological developments have
The International Renewable Energy Agency (IRENA) has launched a new version of the Global Atlas for Renewable Energy, the online renewable energy mapping platform, which now allows users to download resource data for offline analysis, and to print and export map images. The enhancements include an
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
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
Seabased Industry AB, in collaboration with TC’s Energy, has set up Africa’s first wave power plant south of Ada, Ghana. The onshore grid connected switchgear was installed one week ago and the first phase of the wave power park was connected on May 8. Comprising 6 wave energy converters and switchg
Blackbird International Corporation (BBRD) has signed a partnership agreement with ACEP, The Africa Center for Energy Policy, with the goal of installing a sea wave energy power plant to supplement the region’s energy needs. Blackbird International Corporation’s fully owned affiliate, Wave Electrici
International Renewable Energy Agency (IRENA) has launched REsource, a freely accessible online knowledge platform containing data and information on renewable energy, which enables users to easily find country-specific data, create customized charts and graphs, and compare countries on metrics like
TC’s Energy will hold a ceremony for the wave energy project being developed jointly by TC’s Energy and Swedish company Seabased AB at the Ghanaian town of Ada. The event will mark the commencement of the project on 17th October at District Assembly Office in Ada Foah. TC’s Energy and Seabased have
On Friday night, Swedish company Seabased and Ghanaian TC Energy signed a contract for the development of a large wave power park in Ghana. Seabased CEO Billy Johansson and TC Energy’s Executive Chairman Anthony Opoku inked the first deal to install a first smaller plant that will be part of agreeme
The International Renewable Energy Agency (IRENA) has published a series of technology papers exploring the potential for power generation and other sustainable applications from ocean energy. The papers cover the main features and current status of four technology types: tidal energy; wave energy;
Swede Energy has signed an agreement with TC Energy Ltd in Ghana to jointly develop the largest wave power project in the world. The project is situated outside the coast of Ghana and will be built in blocks with a total targeted installed capacity of 1000MW. TC Energy Ltd is the holder of permits a
The report Ocean Energy: Supporting Policies Review is part of the activities of the Annex I – Review, Exchange and Dissemination of Information on Ocean Energy Systems, of the Ocean Energy Systems (OES) work programme. By means of this report, the OES intends to emphasize the range of policy and fu
CEO of the South African company Masiqhame Trading 792cc, Mr. Heston Botha, has visited the office of Ocean RusEnergy in Yekaterinburg to sign a dealership contract on the trade of wave generators in South Africa. Consequently, the first generator will be sent to East London in August. Also, two mor
MTU South Africa has launched a new, standardised genset for diesel-electric propulsion and onboard power generation for the maritime… (cbn) [mappress] Source: cbn, October 22, 2010;