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The Bureau of Ocean Energy Management (BOEM) today announced it has finalized four new Wind Energy Areas in the Gulf of Mexico. The Biden Administration continues to push forward with its plan for offshore wind energy despite the recent setback for the industry and the lackluster response to the first Gulf of Mexico wind auction…. Read More
The Port of Virginia is making strides toward becoming the primary logistics center the Mid-Atlantic’s growing offshore-wind energy industry. Last week, the port received its first shipment of components for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. It took crews two and a half days to offload eight large monopile foundations at Portsmouth Marine… Read More
Gov. Kathy Hochul approved more than 20 renewable energy projects that will deliver 12 percent of the state’s energy needs by 2030. “Gov. Kathy Hochul has approved three offshore wind and nearly two dozen renewable energy projects to help New York shift to meet the state’s climate goals to reduce greenhouse gas emissions,” reports J.D…. Read More
Siemens Energy, a major European manufacturer of wind farms, power grids and natural gas turbines, said Thursday that it was in talks with the German government about securing financial guarantees to help it continue to build future large projects. The company’s board “is evaluating various measures to strengthen the balance sheet,” the company said in… Read More
A bailout package for the struggling offshore wind industry may be imminent if the industry’s struggles do not abate soon, energy industry and policy experts told the Daily Caller News Foundation. The Biden administration has heavily subsidized the industry as part of its wider climate agenda, but inflation, supply chain backups, high interest rates and logistical difficulties have severely… Read More
TotalEnergies has signed an agreement with Rönesans Holding to acquire a 50% stake in Rönesans Enerji and jointly develop, through this joint venture, renewable projects in Türkiye, which is a liberalised growing electricity market. Rönesans Enerji is currently operating a portfolio of 166 MW hydro assets. The company has also secured a pipeline of more… Read More
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