Hydraulics
Dominion Energy, Stonepeak Announce Closing of Sale of Noncontrolling Equity Interest In Coastal Virginia Offshore Wind Commercial Project
Dominion Energy, Inc. (NYSE: D), today announced that it has closed on a transaction to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. Dominion Energy will retain full operational control of the construction and operations of the project, and Stonepeak will have customary minority rights. The transaction […]
November-December Issue of Wind Energy Magazine Now Available!
Stay informed with the latest insights from one of the most prestigious publications in renewable energy, as the November-December issue of Wind Energy Magazine is out now! Packed with innovative projects, industry news, expert interviews, and much more, this edition is one you won’t want to miss. Featured Topics: The Latest Industry Innovations: Our November-December […]
The world’s most powerful floating offshore wind turbine rolled off the line at CRRC’s Sheyang production site
CRRC’s Qihang 20MW floating offshore wind turbine successfully rolled off the production line in Sheyang, Jiangsu. As the world’s most powerful floating offshore wind turbine, Qihang is expected to break the geographical limitations and extend wind power generation to even broader deep blue seas. The wind turbine features a sweeping area equivalent to more than […]
DNV tapped to help lenders and investors assess USD 40 billion worth of U.S. offshore wind projects
DNV is performing due diligence to enable the financing of eight offshore wind projects on the United States’ Atlantic Coast. The announcement follows news from DNV’s Energy Transition Outlook 2024 report, which forecasts that about 10 GW of fixed offshore wind is set to be installed in the U.S. between 2040 and 2050. While the […]
IEG: with the new edition of key – the energy transition expo the sustainable future takes shape
A larger exhibition area with a redesigned event layout to increase business and networking opportunities. Greater international scope with the involvement of an increasing number of buyers, delegations and qualified operators from all over the world. Focus on innovation and the green skills needed to achieve the energy transition. New projects and thematic areas for […]
Airborne Wind Energy: Over 300 visitors to the Airborne Wind Europe stand at WindEnergy Hamburg 2024
WindEnergy Hamburg 2024, the premier global onshore and offshore renewable energy event, provided a dynamic platform for Airborne Wind Europe to showcase the groundbreaking potential of Airborne Wind Energy. The AWEU booth featured 15 presentations covering topics as technological advancements, policy implications and market opportunities among others. Over 300 visitors ranging from industry experts and […]
WindEnergy Hamburg 2024 powers up: Collaboration is key to a successful energy transition
WindEnergy Hamburg 2024 is sending a powerful signal: At the official opening ceremony, with Vice-chancellor Robert Habeck attending remotely by video, leading representatives from politics and the industry emphasised the importance of clear regulations and international cooperation in driving the energy transition. Dr. Melanie Leonhard, Hamburg’s Senator for Economics and Innovation, emphasized the radiance of […]
Turkish Offshore Wind: Current Status And Outlook
1. Introduction Turkiye current total installed capacity is approx. 106 GW of which wind power has a share of 10%. Wind installed capacity has reached approximately 13 MW at the end of January 2024. In terms of onshore wind power, it is a mature market and many experienced contactors can be found within Turkiye for […]
BOEM Issues Offshore Wind Research Lease to State of Maine
Today, the Bureau of Ocean Energy Management (BOEM) announced the execution of the nation’s first floating offshore wind energy research lease. The lease area covers a little under 15,000 acres located 28 nautical miles offshore Maine on the U.S. Outer Continental Shelf and could allow for the deployment of up to 12 floating offshore wind […]
India Takes a Bold Step in Offshore Wind Energy: Viability Gap Funding Approved
In a significant milestone for renewable energy, the Union Cabinet of India, under the leadership of Prime Minister Shri Narendra Modi, has given the green light to the Viability Gap Funding (VGF) scheme. This groundbreaking initiative will support India’s first-ever offshore wind energy projects, with a substantial investment of ₹7,453 crore (approximately $1 billion). The […]
