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(OE) Danish wind turbine maker Vestas has united its Technology organization (CTO) and Manufacturing and Global Procurement organization (COO) into one Technology and Operations Organization (CTOO) to strengthen its approach within delivery of wind energy solutions. The united CTOO organization will become the foundation for one enterprise-wide industrial system within Vestas and will be headed... Continue Reading →
(Institution of Mechanical Engineers)According to the Global Wind Energy Council’s Global Wind Report 2024, installed offshore wind capacity surpassed 75GW at the end of 2023. But with ambitious targets set for 2050, the industry must look at ways to speed up planning and construction, and fine-tune operations and maintenance of existing assets. To reach the... Continue Reading →
(Reuters) - Portugal's new government is committed to developing offshore wind energy and also sees "repowering" onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday. Maria da Graca Carvalho said the government would announce some details of its offshore wind energy policy in July as... Continue Reading →
(Oilprice.com) A second Trump presidency could place a huge part of renewable energy investments at risk, increase carbon emissions by 1 billion tonnes more by 2050 and delay peak fossil fuel demand by 10 years beyond current forecasts, energy analytics firm Wood Mackenzie has predicted. WoodMac projects ~$7.7T in overall spending by the U.S. energy sector... Continue Reading →
(OE) Dominion Energy has announced that the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States, has been installed approximately 29 miles off the Virginia Beach coast. The monopile was installed by the Orion, DEME Group's heavy lift vessel. Once complete in... Continue Reading →
(OE) Apollo and DOF, in collaboration with the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FoWCoE), have delivered the study on GW-scale floating offshore wind installation methods. Installing a single, state-of-the-art floating offshore wind turbine (FOWT) represents a milestone in offshore marine operations. However, GW-scale floating wind farms will require approximately sixty FOWTs, which... Continue Reading →
(OE) MODEC and Toyo Construction have jointly secured an approval in principle (AiP) from ClassNK for floating structure and tether system with tether pile foundation for tension leg platform (TLP)-type floating offshore wind turbine. The acquisition of AiP was one of the tasks of the Japanese national research and development agency NEDO’s Green Innovation Fund... Continue Reading →
Iberdrola and Avangrid have signed an agreement under which the Spanish company will acquire the stake which it previously did not own in its US subsidiary for USD 2.55 billion (approximately EUR 2.35 billion). Iberdrola, which owns around 81.6 per cent of Avangrid, launched an offer to acquire the remaining 18.4 per cent in March... Continue Reading →
(Reuters) - Spanish renewable energy giant Iberdrola set out plans on Thursday to invest 41 billion euros ($44.83 billion) over the next three years, focusing on power grids like Italian rival Enel as the industry seeks better returns. The new plan builds on the strategic shift Iberdrola announced in 2022, when it said it would be taking... Continue Reading →
(Reuters) Europe's largest utility Iberdrola will keep betting on offshore wind in the coming years, roughly tripling the value of its assets in the sector to 17 billion euros ($18 billion), Executive Chairman Ignacio Sanchez Galan told shareholders on Friday. In the past couple of years, the Spanish firm has shifted its focus to upgrading... Continue Reading →
Brazil Energy Insight 