Danish offshore wind energy giant DONG Energy reported a massive 119% increase in operating profit in 2016, reported this week, and accompanied by the news that the company would completely phase-out coal by 2023.
At a time when Trump attempts to recreate the US as an autocrat-run petro-state like Putin’s Russia, renewable developers are beginning to build gigawatt scale projects globally. One response? Russian Military threat.
It was a rather wild week — for reasons I don’t need to repeat — and it was also a bit of an atypical week for topics that took the crowd by storm here on CleanTechnica. Yes, Tesla held its usual spot at the top of the tables — and all over the top 20. But we also had popular stories about the Toyota Prius Prime, Antarctic Larsen C ice shelf, and nuclear cargo shipping, for example. Have a look at the most popular stories of the past week:
Europe installed a total of 1.5 gigawatts of new offshore wind capacity in 2016 according to new report from the region’s wind energy trade body, bringing the cumulative total up past 16 GW.
MHI Vestas Offshore Wind has unveiled its new 9 MW wind turbine which, in testing at the company’s Østerild broke the energy generation record over a 24 hour period.
The Long Island Power Authority has approved the development of New York’s first, and the country’s second, offshore wind farm, the 90 megawatt South Fork Wind Farm.
A new report has shown the cost of UK offshore wind power has fallen below the joint UK Government and industry target of £100/MWh four years ahead of schedule, putting offshore wind on target to become one of the cheapest large-scale clean energy sources.
Danish wind energy giant DONG Energy has agreed to acquire 35% ownership of Taiwan’s first offshore wind project, the Formosa I project, which will start out at 8 MW and have room to grow up to 120 MW.
Norwegian oil and gas company Statoil has agreed to divest 25% of its stake in the Hywind Scotland floating offshore wind pilot to Abu Dhabi’s renewable energy company, Masdar.
The Green Investment Bank Offshore Wind Fund has surpassed its £1 billion target with its sixth UK asset acquisition, with now £1.12 billion worth of assets currently under management.
