(OE) The Hollandse Kust Noord offshore wind farm, built by CrossWind, a joint venture between Shell and Eneco, has started operating in the Dutch North Sea. The Hollandse Kust Noord offshore wind farm, located 18.5 kilometers off the coast, became operational on December 20. It will add 759 MW of renewable energy to the Dutch... Continue Reading →
US Gives Final Nod to Rhode Island’s $1.5 Billion Offshore Wind Farm
(Reuters) The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.... Continue Reading →
Vineyard Wind to Feed First Power Into Massachusetts Grid by Year-End
(OW) Avangrid and Copenhagen Infrastructure Partners (CIP) have installed the first five GE Haliade-X turbines at the Vineyard Wind offshore wind project and are preparing to deliver first power from their wind farm to the electric grid in Massachusetts, the US. Once energized in the coming weeks, Vineyard Wind 1, the first large-scale offshore wind... Continue Reading →
Orsted South Fork Wind Farm Delivers First Power to NY Electric Grid
(Reuters) Danish energy company Orsted's South Fork offshore wind farm off New York State delivered its first power to the state's power grid, according to a press release by New York Governor Kathy Hochul on Wednesday. The announcement is a bit of positive news in what has been a tough year for the nascent industry... Continue Reading →
TotalEnergies at COP28 says renewables the way to phase out fossil fuels
(Reuters) - TotalEnergies's (TTEF.PA) CEO gave his backing to an international pledge to triple renewable energy generation at the COP28 climate summit, calling it necessary to phase out fossil fuels and decarbonise. "It's the right way to frame the object, tripling renewables, because if we don't do that, there's no way to phase out fossil energy," Patrick Pouyanne told... Continue Reading →
New York Launches Offshore Wind Solicitation
(Reuters) New York released a new offshore wind solicitation on Thursday to keep the state on track to meet its renewable energy goals and support a nascent industry that has faced financial trouble in recent months. Offshore wind is expected to play a major role in New York's plan to reduce carbon emissions by getting 70% of... Continue Reading →
Iberdrola to Invest $15 Billion in Britain Through 2028
(OE) Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects. The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks, whose returns tend to be predictable, and a more... Continue Reading →
Vattenfall’s Danish Offshore Wind Farm Delivers First Power to Grid
(OE) Vattenfall has supplied the first power from its offshore wind farm, Vesterhav Syd, to the Danish power grid. "It was a culmination of almost seven years’ work on the wind farm, when the blades of the first wind turbine were turned up against the wind and started generating fossil-free electricity," Vattenfall said. The first... Continue Reading →
EnBW more than doubles 9-month adjusted net profit
(Reuters) - Germany's EnBW (EBKG.DE) on Monday reported an adjusted net profit of 2.36 billion euros ($2.52 billion) for the January-September period, more than double its result a year earlier, citing positive power generation and trading as drivers. The net profit compared with 1.10 billion euros a year earlier, said the south-western utility in a statement, broadly confirming... Continue Reading →
With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers
(OET) Italy-headquartered cabling giant Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion, including projects for which the Italian player has been selected as the preferred bidder. This was driven by energy transition and electrification, which are expected to remain long-term growth... Continue Reading →