South Fork begins sending wind power to the LIPA gridThe South Fork Wind Farm, located off the coast of Long Island, has begun sending power to the Long Island Power Authority (LIPA) grid. This milestone marks an important step forward for wind energy in the region. The 15-wind turbines wind farm, developed by Ørsted in … Continue reading South Fork begins sending wind power to the LIPA grid→
Barbados has selected the International Finance Corporation (IFC) as lead transaction advisor as the Caribbean country seeks to build its first onshore wind farm with a capacity of 30 to 50 MW. The partnership agreement between Barbados and IFC was signed at the United Nations Climate Change Conference in Dubai (COP28). The Lamberts project, which … Continue reading Barbados develops its first wind power plant→
Ørsted has completed the divestment of 50 % of the Gode Wind 3 offshore wind farm to funds managed by Glennmont Partners from Nuveen. Gode Wind 3 has a capacity of 253 MW and was awarded to Ørsted in 2017 and 2018 as two separate projects with a weighted average feed-in tariff of EUR 81 … Continue reading Ørsted completes divestment of 50 % of Gode Wind 3→
Vattenfall and BASF are in advanced and exclusive discussions to partner on the Nordlicht 1 and 2 projects through a sale of 49 percent of the project shares to BASF. Both parties signed a Memorandum of Understanding to formally express their joint ambition. Vattenfall will use its share of the fossil free electricity to supply … Continue reading Vattenfall and BASF to partner on German offshore wind power plants Nordlicht 1 and 2→
The European Technology & Innovation Platform on wind energy (ETIPWind) launched its new Strategic R&I Agenda for 2025-2027. It calls for €1.8bn of public investment in wind energy Research and Innovation to boost the development of a resilient, competitive and sustainable European wind supply chain.On 4 December leading wind industry Chief Technology Officers, wind energy … Continue reading Wind energy sector launches Strategic Research and Innovation Agenda to boost Europe’s competitive edge→
The rapid growth of offshore wind has raised questions about the ability of the industry’s “big three” Western wind turbine companies, namely Siemens Gamesa, Vestas and GE Renewable Energy, to keep up with demand. This article examines the current status of these companies and their readiness to meet the needs of offshore wind expansion. As … Continue reading Are the West’s “big three” able to cope with the huge growth in offshore wind power?→
The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supporting Europe’s transition to electricity from renewables, the agreement aligns with the goals of the RePowerEU initiative.“We’re delighted to continue our longstanding partnership with Ørsted — as this is our fifteenth joint project,” … Continue reading EIB and Ørsted sign €400M loan to finance new wind energy production in Denmark→
TotalEnergies has announced the signing of an investment agreement for the Mirny wind energy project in Kazakhstan. This project aims to develop a wind power plant in the Mirny region, which is expected to generate clean, renewable energy to supply thousands of homes in the country. The investment agreement has been signed between TotalEnergies and … Continue reading TotalEnergies signs investment agreement for wind energy project in Kazakhstan→
OX2 has handed over the Marhult wind farm in Uppvidinge municipality, Sweden, to Octopus Energy Generation. The wind farm comprises 7 wind turbines with a total installed capacity of 32 MW. OX2 and Octopus Energy Generation signed a contract to construct the Marhult wind farm in February 2022. The yearly production is estimated to be … Continue reading OX2 has handed over the Marhult wind farm in Sweden to Octopus Energy Generation→