October 28th, 2019 | by Joshua S Hill
The global offshore wind industry is expected to grow by as much as 15-fold and attract a cumulative investment of $1 trillion by 2040 according to a new report published by the International Energy Agency (IEA) which has famously undervalued the increasing role of renewable energy in the global energy mix.
June 12th, 2017 | by Joshua S Hill
Up to a quarter of the European Union's electricity demand could be met by onshore wind energy at an average of €54 per megawatt-hour in the most favorable locations, according to a new report published this month, which also suggests offshore wind could generate between 2,600 to 6,000 terawatt-hours per year.
December 24th, 2014 | by Tina Casey
The leading French nuclear energy company Areva is transitioning rapidly into offshore wind energy and other renewables, despite the global oil price crash
August 1st, 2013 | by Silvio Marcacci
Deepwater Wind has won the Interior Department’s first-ever competitive offshore wind lease auction, totaling 164,750 acres near Rhode Island and Massachusetts.
Deepwater’s $3.8 million bid wins it the right to build the Deepwater Wind Energy Center, a 1,000MW utility-scale wind farm with 200 turbines and a regional transmission system linking to New York State and southeastern New England.
May 8th, 2013 | by Silvio Marcacci
Offshore wind power may yet not match the overall strength of onshore wind, but the industry is on course grow rapidly to become an €130 billion annual global market by 2020.
A new report from industry consultants Roland Berger, “Offshore Wind Toward 2020,” concludes a combination of industry trends will soon make offshore wind cost competitive with other generation sources in many markets
April 16th, 2012 | by Andrew
France stands to come out ahead economically and environmentally as it awarded an initial five offshore wind power contracts that will result in the first 3,000 MW of a planned 6,000 MW of offshore wind power come online by 2020. So do EDF, Alstom, Dong Energy, Iberdrola and Eoles-Res, among others