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Mingyang Smart Energy has unveiled plans for a new offshore wind turbine which, at 22 MW, will be the largest offshore wind turbine in the world Revealed at the China Wind Power 2023 conference in Beijing last week, the MySE 22MW has a rotor diameter of 310 m and is designed for high-wind conditions where… Read More
Three Offshore Wind and 22 Land-Based Renewable Energy Projects Totaling 6.4 Gigawatts Will Power 2.6 Million New York Homes and Deliver 12 Percent of New York’s Electricity Needs in 2030 Projects Expected to Create Approximately 8,300 Family-Sustaining Jobs and Bring $20 Billion in Economic Development Investments Statewide, Including Developer-Committed Investments to Support Disadvantaged Communities Advances… Read More
Floating wind farms off the coast of southern Oregon and northern California could triple the Pacific Northwest’s wind power capacity while offsetting potentially billions of dollars in costs for utilities, ratepayers, insurance companies, and others who bear the cost of climate change’s effects, according to new research. “This research is all about unlocking an untapped source of… Read More
New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as part of a massive renewable energy procurement that will provide 12% of the state’s power needs in 2030. The announcement, which the state billed as the nation’s largest ever investment in offshore wind, comes less than two… Read More
TotalEnergies has sold its minority stake in the 3GW Attentive Energy offshore wind project to Corio Generation, an offshore wind developer, and Rise Light & Power, a New York-based electricity producer. The French oil and gas giant has sold 27.7% and 16.3% stakes in the project to Corio and Rise respectively, for a total of $420m (€395m). The… Read More
Rhode Island is moving forward with the state’s largest renewable energy solicitation after announcing it would form a three-state partnership with Connecticut and Massachusetts to review and coordinate a regional approach to offshore renewable energy. At the same time, Rhode Island is also providing additional latitude to developers to provide possible avenues to address the… Read More
During an Oct. 18 Coastal Protection and Restoration Authority board meeting, researchers released a new report examining the growth potential for wind in the Gulf of Mexico, including estimates of revenue from federal offshore wind lease bids, rents and operating fees. The report, “Winds of Change: Navigating the Gulf of Mexico’s New Energy Frontier,” was… Read More
Cape May County filed a federal lawsuit Tuesday against multiple federal agencies and their leaders, alleging that federal regulators have abandoned their obligation to protect the environment and Atlantic coastal marine life in favor of an “inappropriate collusion” with the developer of a proposed offshore wind energy farm. The county is joined by fellow plaintiffs… Read More
Judge Indira Talwani of the US District Court for the District of Massachusetts has rejected another challenge to federal permits and approvals for the Vineyard Wind Project (Vineyard Wind or the Project). Vineyard Wind is under construction off the coast of Massachusetts and will be the first modern utility-scale offshore wind energy project in the… Read More
The US Bureau of Ocean Energy Management (BOEM) identified a draft wind energy area (WEA) in the Gulf of Maine, opening a 30-day public review and comment period. The draft WEA covers about 3,519,067 acres offshore Maine, Massachusetts and New Hampshire, ranging from about 23 to 120 miles off the coast. BOEM says, “The Gulf… Read More
The US Government and federal agencies are resolute in their support for the offshore wind sector, despite a series of recent setbacks. According to analysis from a consultancy Intelatus Global Partners, the US Government and federal agencies are resolute in their support for the offshore wind sector, despite a series of recent setbacks. Offshore wind leasing is… Read More
An affiliate company within the DEME Group has been awarded a new offshore wind contract in Taiwan. Leading renewable energy company Ørsted has contracted CDWE, the joint venture between DEME and Taiwanese shipbuilder CSBC, to carry out seabed levelling and scour protection for the Greater Changhua 2b and 4 offshore wind farms. The scope of work incorporates seabed… Read More
Ørsted has signed an agreement to divest 50% of the Gode Wind 3 Offshore Wind Farm in Germany to funds managed by Glennmont Partners from Nuveen (“Glennmont”). Glennmont is one of Europe’s largest fund managers, focused exclusively on investments in clean energy infrastructure. It is owned by Nuveen, a TIAA company and global asset manager… Read More
Ørsted and Cathay Life Insurance have agreed to an exclusivity period lasting until 17 January 2024, during which both parties will finalise negotiations of the transaction documents and confirmatory due diligence. Under the Taiwan Stock Exchange disclosure rules, Cathay Life Insurance is required to make a public announcement upon being selected as preferred bidder. Subject… Read More
Two large wind farms that are significant projects for the UK each marked milestones in the past week. While newer development projects are struggling, experts pointed to the progress of these wind farms saying they continue to demonstrate the strong contribution the industry will make to providing clean, renewable energy. In Scotland, the Seagreen wind… Read More