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floating offshore wind

1st Floating Wind Farm in the World now Fully Operational

WindFloat Atlantic is now fully operational, and with a total installed capacity of 25 MW it is the world’s first semi-submersible floating wind farm WindFloat Atlantic is now fully operational and supplying clean energy to Portugal’s electrical grid. Following the connection of the last of the three platforms to the 20 m export cable connecting […]

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Permitting Problems Still a Major Stumbling Block in NECPs: WindEurope

26 European countries have submitted their NECPs to the EU. And according to WindEurope the main hurdle remains the permitting problems 26 European countries have submitted their National Energy and Climate Plans (NECPs) to the EU. WindEurope has analysed what those plans entail for wind energy deployment in Europe. The main hurdle remains permitting – many NECPs […]

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Engie and EDPR JV ‘Ocean Winds’ is Officially Launched

ENGIE and EDPR have announced the creation of Ocean Winds, a JV equally controlled by both companies in the floating and fixed offshore wind energy sector. ENGIE and EDP Renováveis (EDPR) have announced the creation of Ocean Winds (OW), a joint venture (JV) equally controlled by both companies in the floating and fixed offshore wind […]

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Report Forecasts 70 GW of Floating Wind Capacity by 2040

The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […]

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Floating Solar to Generate 900% More Electricity Across APAC: IEEFA

Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […]

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Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV

Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […]

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Masdar to Design, Finance, Build and Operate 500 MW Wind Project in Uzbekistan

Masdar has signed an agreement to design, finance, build and operate a 500-MW utility-scale wind farm project in the Republic of Uzbekistan. Leading developer and operator of utility-scale renewable energy projects, Masdar Clean Energy has announced that it has signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan […]

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EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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