Offshore Wind Group Looks to Challenge China’s Dominance of Sector

Credit to Author: Darrell Proctor| Date: Mon, 15 Jul 2024 17:07:09 +0000

Countries active in the offshore wind industry continue to consider steps to counter China’s dominance of the sector. The latest to announce a move is South Korea, where officials recently […]

The post Offshore Wind Group Looks to Challenge China’s Dominance of Sector appeared first on POWER Magazine.

Envision Energy offshore wind turbine

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Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast

Credit to Author: Sonal Patel| Date: Wed, 03 Jul 2024 19:35:12 +0000

Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the […]

The post Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast appeared first on POWER Magazine.

Fig2-offshore-wind-South-Fork-project-Orsted

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Measuring the Prospects for Wind Energy in 2024 and Beyond

Credit to Author: Aaron Larson| Date: Mon, 01 Jul 2024 12:25:02 +0000

The wind energy industry has been on an exponential growth curve for more than a decade. POWER looks at the drivers behind the growth and predictions for the future. Nearly 200 countries made major collective

The post Measuring the Prospects for Wind Energy in 2024 and Beyond appeared first on POWER Magazine.

Fig2-offshore-wind-South-Fork-project-Orsted

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Coating Technologies Crucial for Offshore Wind Farms

Credit to Author: Contributed Content| Date: Fri, 28 Jun 2024 19:51:45 +0000

Efforts to combat climate change drive the growth of renewable energy technologies as governments and utility companies increase investments in solar and wind installations to meet rising electricity demands. Onshore […]

The post Coating Technologies Crucial for Offshore Wind Farms appeared first on POWER Magazine.

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Siemens Gamesa Reportedly Developing 21-MW Offshore Wind Turbine

Credit to Author: Darrell Proctor| Date: Tue, 11 Jun 2024 16:26:26 +0000

The global race to build ever-larger offshore wind turbines may have another entrant, as Siemens Gamesa has reportedly told customers the company plans to produce a 21-MW model in the […]

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Wind Europe offshore wind

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GE Vernova, Seatrium Will Build HVDC System for TenneT’s Dutch Offshore Grid Project

Credit to Author: Darrell Proctor| Date: Mon, 10 Jun 2024 17:59:30 +0000

Global energy company GE Vernova and Seatrium Limited, a Singaporean state-owned group, said their consortium has been awarded a third contract by Dutch transmission system operator TenneT for construction of […]

The post GE Vernova, Seatrium Will Build HVDC System for TenneT’s Dutch Offshore Grid Project appeared first on POWER Magazine.

TenneT

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Equinor Announces Offtake Deal for New York Offshore Wind Project

Credit to Author: Contributed Content| Date: Tue, 04 Jun 2024 18:18:08 +0000

Equinor on June 4 announced its has finalized an agreement with New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the 810-MW Empire Wind […]

The post Equinor Announces Offtake Deal for New York Offshore Wind Project appeared first on POWER Magazine.

Empire Wind - Vestas

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Siemens Gamesa Cutting 4,100 Jobs in Wind Turbine Unit

Credit to Author: Darrell Proctor| Date: Wed, 29 May 2024 13:43:35 +0000

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about […]

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Siemens Gamesa wind turbine

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Siemens Gamesa Changes CEO, Announces Job Cuts as Part of New Focus

Credit to Author: Darrell Proctor| Date: Wed, 08 May 2024 14:19:38 +0000

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts […]

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Planning for ‘Flip Dates’ in Tax Equity Partnerships

Credit to Author: Contributed Content| Date: Tue, 30 Apr 2024 13:44:23 +0000

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships […]

The post Planning for ‘Flip Dates’ in Tax Equity Partnerships appeared first on POWER Magazine.

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