New research from Douglas-Westwood forecast offshore wind installations are likely to see an average of 3.2 GW installed and €15 billion ($19.5 billion) of investment per year for the next ten years, hitting a peak in 2016 of €18 billion. According to the fifth edition of Douglas-Westwood’s (DW) World Offshore Wind Market Forecast, there … [continued]
Spain’s first-ever offshore wind project is continuing its slow journey to completion, as Gamesa announced on Friday that it had begun shipping components for the 5 MW marine turbine from the port of Bilbao to Arinaga Quay in Gran Canaria where they will be assembled. The blades are the longest … [continued]
EDF Energy Renewables confirmed that it installed the first 2.3MW wind turbine at its 62MW wind farm. Some people may wonder why wind farms are installed offshore, as offshore wind electricity is more expensive than onshore wind power. One reason to continue to pursue offshore wind is that technologies usually … [continued]
Portugal’s first offshore wind turbine has been installed and certified care of the American Bureau of Shipping (ABS), which provided certification services for the design, fabrication, and installation of the 2MW WindFloat Agucadoura unit. The floating wind turbine now sits in waters of slightly less than 50 metres some 4 … [continued]
A new UK study has demonstrated that significant reductions in the cost of offshore wind energy can be achieved prior to the governmental 2020 target, delivering 18 GW of offshore wind capacity and meeting the target set by the government in the 2011 Renewables Roadmap. The study, conducted by … [continued]
China’s offshore oil and gas company CNOOC agreed in early April to buy 3.6 million tons of liquefied natural gas (LNG) per year until 2030. The Australian LNG energy project is operated by BG Group. Though the precise value for the deal is confidential, Australian officials confirmed estimates its worth … [continued]
A new study out of the University of North Carolina (UNC) shows that North Carolina could have 100% of its power coming from off-shore wind turbines, “without significant human or environmental impacts.” Plans are now for Duke Energy to build three pilot off-shore wind turbines in state waters, which would … [continued]
