RWE can look back on a successful 2024 fiscal year. Group earnings exceeded expectations, with adjusted EBITDA of €5.7 billion and adjusted net income of €2.3 billion. The company continued to expand its portfolio, investing a total of €10 billion net in offshore and onshore wind farms, solar farms, battery storage systems and electrolysers. New plants with a … Continue reading RWE achieves strong earnings in 2024 and invests heavily in expanding its renewables portfolio
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SANY Renewable Energy wins first offshore wind turbine order in China
SANY Renewable Energy has secured a bid for Guangdong Energy Group’s Jieyang Shibeishan offshore wind project, which will deploy 14 offshore wind turbines of 13.6 MW and one 10 MW unit. This milestone project represents SANY’s first back-commercialisation order of large capacity offshore wind turbines, marking the company’s new phase of developing its offshore and … Continue reading SANY Renewable Energy wins first offshore wind turbine order in China
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Masdar and Iberdrola Negotiate Strategic Alliance for UK’s Largest Offshore Wind Farm
The relationship between Iberdrola and Masdar has borne fruit in projects such as the Baltic Eagle wind farm in Germany, but Masdar’s potential entry into East Anglia represents an even greater challenge for both groups.Iberdrola is negotiating an alliance with Masdar of the United Arab Emirates to boost its large-scale offshore wind project in East … Continue reading Masdar and Iberdrola Negotiate Strategic Alliance for UK’s Largest Offshore Wind Farm
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Nova Scotia proposes five offshore wind energy zones
Canada ramps offshore wind with five areas while Trump escalates US sector clampdown. The provincial government has identified five offshore wind energy areas as part of its plan to expand renewable energy and secure long-term energy stability for the province. The proposed sites – French Bank, Middle Bank, Sable Island Bank, Sydney Bight and Western/Emerald … Continue reading Nova Scotia proposes five offshore wind energy zones
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Electricity from renewable sources will reach 47% in 2024 in the European Union
In 2024, 47.4% of net electricity generated in the EU came from renewable energy sources, up by 2.6 percentage points (pp) compared with 2023. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.8%, coming mostly from wind, followed by Portugal (87.4%, mostly wind and hydro) and Croatia … Continue reading Electricity from renewable sources will reach 47% in 2024 in the European Union
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Record Growth in Offshore Wind Energy in 2025
Offshore wind power is expected to reach a historic milestone in 2025. According to Rystad Energy, the wind turbines coming online this year will total 19 GW. China plays a central role in this growth. According to data, the country will account for 65% (12.35 GW) of the total estimated to come online. This progress … Continue reading Record Growth in Offshore Wind Energy in 2025
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Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495MW Fengmiao I offshore wind project off the coast of Taichung, Taiwan. Fengmiao I is CIP’s third offshore wind project in Taiwan, following the successful construction of Changfang & Xidao and Zhongneng. In December 2022, Fengmiao I … Continue reading Copenhagen Infrastructure Partners reaches financial close on Fengmiao I offshore wind farm
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Copenhagen Infrastructure Partners (CIP) and MediaTek Sign PPA for Fengmiao 1 Offshore Wind Farm in Taiwan
Taiwanese semiconductor company MediaTek to purchase power from 500 MW offshore wind farm. Copenhagen Infrastructure Partners has signed a Power Purchase Agreement (PPA) with MediaTek for the Fengmiao 1 Offshore Wind Farm off Taiwan. Under the corporate PPA, MediaTek, a Taiwanese semiconductor company, will purchase power from the 500 MW offshore wind farm. A CIP … Continue reading Copenhagen Infrastructure Partners (CIP) and MediaTek Sign PPA for Fengmiao 1 Offshore Wind Farm in Taiwan
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Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
Goldwind leads with 20 GW installed, followed by Envision and MingYang. Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese companies dominated the market in 2024, with Goldwind, Envision, and MingYang securing the top three positions globally for the first time. Key findings: Endri Lico, Principal Analyst at Wood … Continue reading Chinese wind turbine manufacturers sweep the global wind energy podium for the first time.
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RWE marks major construction milestones at Sofia offshore wind farm
Wind power project sees arrival of brand-new wind turbine installation vessel, first wind turbine load-out and completion of Sofia’s first recyclable blades at Siemens Gamesa in Hull. Installation of the first wind turbines due to start imminently with first power to follow. With commissioning due in 2026, Sofia will make a major contribution to achieving … Continue reading RWE marks major construction milestones at Sofia offshore wind farm
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US energy giant eyes offshore wind power projects in Vietnam
Pacifico Energy (PE), a U.S.-based renewable energy corporation, is ramping up efforts to survey and develop offshore wind power projects in Vietnam, its founder and CEO Nate Franklin said on Friday during his meeting with Vietnam’s Party General Secretary To Lam in Hanoi. During the meeting, Party chief To Lam praised PE’s contributions to Vietnam’s … Continue reading US energy giant eyes offshore wind power projects in Vietnam
Continue readingGoldwind, Envision, MingYang lead wind turbine market in 2024: Wood Mackenzie
A report by Wood Mackenzie highlights a major shift in the global wind turbine industry, with Chinese manufacturers Goldwind, Envision, and MingYang securing the top three positions for the first time. This development underscores China’s growing dominance in wind energy infrastructure, driven by robust domestic demand and strategic market positioning. Vestas, Windey, SANY, DEC, Siemens … Continue reading Goldwind, Envision, MingYang lead wind turbine market in 2024: Wood Mackenzie
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Nova Scotia (Canada) Identifies Five Areas for Offshore Wind Development
The Nova Scotian government has identified five areas it considers suitable for installing wind turbines in offshore wind farms. The government issued a statement Friday indicating that the next step is to solicit input from Nova Scotians before granting official designations, a process that will conclude on April 14.“Canada, with the world’s longest coastline, a … Continue reading Nova Scotia (Canada) Identifies Five Areas for Offshore Wind Development
Continue readingCIP Signs Another PPA for a 500 MW Offshore Wind Power Project in Taiwan
The wind farm, which will feature 33 wind turbines, is scheduled to enter commercial operation by the end of 2027. Copenhagen Infrastructure Partners (CIP) has signed a corporate power purchase agreement (PPA) for its 500 MW Fengmiao 1 offshore wind farm in Taiwan with local telecommunications group Far EasTone Telecommunications. The contract was sealed through … Continue reading CIP Signs Another PPA for a 500 MW Offshore Wind Power Project in Taiwan
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“Wind Works for Europe” – how wind energy helps Europe to re-industrialise
On 26 February the European Commission launched the Clean Industrial Deal, its new vision for competitiveness and energy security. It aims to further strengthen Europe’s strategic clean tech manufacturing sectors. The European wind energy supply chain is currently investing over €11bn in new factories to meet the Clean Industrial Deal objectives. Today WindEurope launched its … Continue reading “Wind Works for Europe” – how wind energy helps Europe to re-industrialise
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Saipem unveils its advanced floating offshore wind technology
Saipem has introduced Star1, a cutting-edge floating wind foundation designed to support next-generation offshore wind turbines, including those exceeding 20 MW, Trend reports via the company. Star1 features a steel semi-submersible structure with a distinctive star-shaped design, consisting of three arms converging at the center, where the turbine tower is installed. This configuration enhances stability, … Continue reading Saipem unveils its advanced floating offshore wind technology
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The nacelles for Siemens Gamesa’s 14 MW offshore wind turbines will be manufactured in South Korea.
Doosan Enerbility will build a plant for the assembly of Siemens Gamesa’s 14 MW offshore wind turbine in Changwon, South Korea. The two companies have signed an agreement that will allow Doosan Enerbility to design and build the manufacturing plant and production system for the wind turbines. Siemens Gamesa will promote technology transfer, support the … Continue reading The nacelles for Siemens Gamesa’s 14 MW offshore wind turbines will be manufactured in South Korea.
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Ocean Winds Secures Electricity Business License for 1,125MW Hanbando Offshore Wind Project
Ocean Winds has obtained the Electricity Business Licence (EBL) following review by the Electricity Regulatory Commission under the Ministry of Power and Energy (MOTIE) for its 1,125 MW Hanbando Offshore Wind Project.Once the EBL has been obtained, the company will commence the Environmental Impact Assessment, site investigations and key engineering studies. Hanbando Offshore Wind, our … Continue reading Ocean Winds Secures Electricity Business License for 1,125MW Hanbando Offshore Wind Project
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2.5 GW Mareld Floating Offshore Wind Farm in Sweden Granted Natura 2000 Permit
Freja Offshore, a joint venture owned by Hexicon and Mainstream Renewable Power, has received the Natura 2000 permit for the Mareld offshore wind farm, located approximately 40 kilometres west of Lysekil, within Sweden’s exclusive economic zone. The County Administrative Board of Västra Götaland has granted a Natura 2000 permit for Freja Offshore’s Mareld offshore wind … Continue reading 2.5 GW Mareld Floating Offshore Wind Farm in Sweden Granted Natura 2000 Permit
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Brazil president Lula signs law authorizing offshore wind power development
Brazil also has considerable experience with wind energy. It ranked sixth for onshore wind installed capacity in the 2023 Global Wind Energy Report and was third for most new wind power plants.Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late … Continue reading Brazil president Lula signs law authorizing offshore wind power development
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