Scottish research to explore combined wind and wave energy platforms
A new study will determine the potential for shared floating platforms used by offshore wind and wave energy devices.
wind
‘Financially untenable’: Drilling body warns renewables at risk amid North Sea rig exodus
A North Sea drilling industry body has warned the viability of UK renewables projects is at risk unless the UK government changes its policy towards windfall taxes and day rates.
Siemens Energy: Wind turbines that shake and break cost their maker billions
Siemens Energy AG is struggling to contain the fallout after discovering a main piece on the frame of its wind turbine can move or twist over time.
‘Alarm bells are ringing’: Wind industry growth drops to lowest in three years
Wind power industry growth dropped to the lowest in three years in 2022, hit by rising costs and shifting government policies.
Is the renewables skill shortage a wages issue or something bigger?
Recently, Energy Voice looked into the widely reported skills shortage in the renewables sector, finding that some believe hydrocarbon workers not going green due to differences in pay.
Renewable power competitiveness in Asia Pacific worsened in 2022
The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. However, China was insulated from the trend.
APAC renewable energy deal value hits $19bn
Renewable energy M&A deal value in Asia Pacific increased by 11% year-on-year to $19 billion in 2022, primarily due to a surge in onshore wind and geothermal merger and acquisition activity.
South Korea curbs plans for renewables in push for more nuclear
South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets.
Low-carbon investments to rise by $60bn in 2023 as hydrogen and CCUS spending surges
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments, but helped by a significant rise in funding for hydrogen and carbon capture, utilisation and storage (CCUS) infrastructure, Rystad Energy research shows.
Forrest adds CWP’s energy assets in $2.7bn Australia renewables rush
Billionaire Andrew Forrest agreed to acquire Partners Group Holding AG-backed CWP Renewables Pty for about a A$4 billion ($2.7 billion) valuation, extending a rush of deal-making focused on Australia’s accelerating shift to cleaner energy.
Power hungry India seeks developers for 4GW of offshore wind power
The government of India has kicked off plans for offshore wind by releasing a consultation paper to call for bids to lease 870 square kilometres of seabed area in the power hungry South Asian nation.
India mulls plan to keep old power plants running for longer
India is discussing a plan to keep old power stations running for longer, arguing that they’re needed to meet demand until enough energy storage can be built.
World Bank eyes huge offshore wind potential in Sri Lanka
Sri Lanka’s offshore wind resource far exceeds the South Asian nation’s energy demand, and its development could help the country’s economic recovery by displacing costly fuel imports, according to the World Bank.
Vietnam nears $11bn deal to shift economy from coal
Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least $11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.
Decommissioning security for offshore wind projects poses serious questions
Financial security in relation to decommissioning oil and gas installations has long been a hot topic for our industry.
Siemens Gamesa hires China yard for UK offshore wind project
Chinese yard Dajin Offshore Heavy Industry will supply wind towers for Ocean Winds’ Moray West offshore wind farm in Scotland after winning a subcontract from Siemens Gamesa.
DNV wins deal for South Korea’s largest offshore wind farm
DNV, the independent energy expert and assurance provider, has been appointed by Elenergy, a Korean renewable energy development company, as owner’s engineer for its 1.5 GW fixed-bottom Chujin offshore wind project.
Orsted appoints new manager for strategic push in frontier Japan wind market
Henriette Holm will be Ørsted (CPH:ORSTED) Japan’s new country manager bringing her extensive experience of heading up project development in the UK, including the world’s largest offshore wind farm, as the company seeks to strengthen its team in the exciting frontier wind market.
Chinese city plans offshore wind farm that could power Norway
A city in southern China is planning an offshore wind farm bigger than all of the power plants in Norway combined.
Maersk Training and GiraffeWork establish wind industry training center in Japan
Maersk Training and GiraffeWork have recently signed a collaboration agreement, at the Royal Danish Embassy in Tokyo, to establish a training center for the wind industry in Japan, offering courses in accordance to the Global Wind Organisation (GWO).
Siemens Gamesa wins its largest offshore wind deal in Taiwan
Siemens Gamesa and Hai Long Offshore Wind Project signed two agreements at the Energy Taiwan trade fair in Taipei on Thursday marking Siemens biggest deal in the country.
Japan offshore wind offers huge opportunities with vast potential
Major offshore wind developers, including bp (LON:BP), RWE Renewables, Equinor (OSLO:EQNR), Orsted (CPH:ORSTED), Shell (LON:SHEL), and TotalEnergies (LON:TTE), are excited by the huge offshore wind potential in energy-short Japan, delegates heard at the Japan Wind Energy 2022 conference in Tokyo.
Aberdeenshire wind farm delivers cash windfall to Parkmead as power prices surge
A 250% surge in the price of power has delivered a cash boost to Parkmead Group (LON: PMG) at its wind farm in Aberdeenshire.
THREE60 commits to wind market with acquisition of Orkney-based specialist
THREE60 Energy, of Aberdeen, has cemented its presence in the wind market with the acquisition of an Orkney-based maintenance and services specialist.
Nearly half of UK offshore wind capacity owned by foreign governments
Nearly half of UK offshore wind capacity is controlled by state-owned or majority state-owned foreign entities, according to a new report.