(Folhapress) The decision by the President of the United States, Donald Trump, to suspend new wind power projects in the country, arguing that windmills “kill their birds and ruin their beautiful landscapes”, has the potential to boost the interest of investors in this sector in the Brazilian market. Trump's action mainly halts future leasing of... Continue Reading →
Windcatcher Multi-Turbine Floating Wind Demo Gets $100M Financial Boost
(OE) Enova, owned by the Norwegian Ministry of Climate and Environment, has awarded a grant of $107 million to Norway-based Wind Catching Systems for the deployment of a Windcatcher multi-turbine floating wind demonstrator. The $107 million has been awarded to Wind Catching Systems’ subsidiary Wind Catching Demo for the deployment of a commercial demonstrator unit... Continue Reading →
US offshore wind farms in service, in construction and under development
(Reuters) - U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review. On the same day, Danish energy company Orsted (ORSTED.CO), opens new tab, the world's biggest offshore wind firm, posted another impairment charge on delays to a U.S. offshore project.... Continue Reading →
Brazil’s first power auction for batteries could lead to $450 million in investments
(Reuters) - Brazil's first-ever auction to add batteries and storage systems to its national power grid, scheduled for later this year, is seen generating $450 million in investments, according to an estimate by consultancy firm Oliver Wyman. WHY IT'S IMPORTANT The batteries would be able to store energy from wind and solar power, renewable sources... Continue Reading →
CRRC Installs ‘World’s Largest’ Floating Offshore Wind Turbine in China
(offshoreWIND.biz) Chinese state-owned CRRC has installed what the company claims to be the world’s largest floating offshore wind turbine in the Shandong Province. On 11 January, the company installed the 20 MW Qihang floating offshore wind turbine prototype at the Dongying wind power testing and certification innovation base in Shandong. CRRC said this marks an... Continue Reading →
US Offshore Wind Supply Chain Spans 40 States, Report Says
(offshoreWIND.biz) According to a report released earlier this month, the US offshore wind supply chain spans 40 states as of December 2024, with 1,932 supplier contracts signed for offshore wind and offshore wind-related projects. The report, Offshore Energy at Work, issued by the US offshore renewable energy industry organisation, Oceantic Network on 15 January, shows that... Continue Reading →
Global OTEC and UFRJ sign collaboration to advance ocean energy in Brazil
Brazil, a global leader in renewable energy with a significant potential for Ocean Thermal Energy Conversion (OTEC), is taking a major step forward in this sector. The Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa de Engenharia (COPPE/UFRJ) has just signed a Memorandum of Understanding (MoU) with UK-based Global OTEC, marking the beginning of a... Continue Reading →
Brazil’s onshore wind power sector slows in 2024, growth to resume in 2027
(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →
SouthCoast Wind gets final BOEM nod
The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision. “We are proud to announce BOEM’s final approval of the... Continue Reading →
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
(Reuters) - Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW). Lisbon last week approved four areas in the ocean where offshore wind farms can be installed, moving a step closer to... Continue Reading →