UK-based high-voltage engineering specialist Ventus Energy has opened its first two locations in the US.  Both are on the east coast, in New York City and in the mid-Atlantic state of Virginia.  The main office is in Brooklyn, in New York, close to Equinor’s South Brooklyn Marine Terminal, the under-construction hub for offshore wind.  Lee Glendening has been named president, and Les Nutter is vice president. Klaus Duttine of Ventus’ parent company Topp Holdings is also to be a vice president. “This expansion marks an exciting chapter for Ventus Energy. With our UK division growing significantly and high-profile projects emerging…

A report by the International Solar Alliance (ISA[1]) predicts that the cost of solar energy generation could fall by 40-60% by 2050, driven by growing demand and advancements in scalability. The report highlights that solar power is becoming the most scalable and cost-effective renewable energy source, making it a cornerstone of the global energy transition. It states, “The cost of round-the-clock solar energy generation will decrease by 40-60% by 2050 across various use cases, becoming a critical metric to track the progress of solar adoption.” The report also emphasizes solar energy’s potential to reduce greenhouse gas emissions by 25% and…

REC Power Development and Consultancy Limited (RECPDCL), a fully-owned subsidiary of REC Limited under the Ministry of Power, has officially transferred the Special Purpose Vehicle (SPV) for the Khavda V-A HVDC Transmission Project to Power Grid Corporation of India Limited (PGCIL). The formal handover ceremony took place in Gurugram, marking a key moment in the development of India’s power transmission infrastructure. PGCIL was selected as the Transmission Service Provider (TSP) for the project through a competitive bidding process conducted by RECPDCL under the Tariff-Based Competitive Bidding (TBCB) framework. The project will be developed on a Build, Own, Operate, and Transfer…

LS Cable & System has signed a letter of intent (LOI) with Denmark’s Copenhagen Infrastructure Partners (CIP) for the supply of offshore cables for the Haewoori Offshore Wind 3 project in South Korea. Source: LS Cable & System The Haewoori floating offshore wind project is planned to be built in three phases, with a total capacity of 1.5 GW. The cooperation agreement signed with South Korea’s LS Cable & System relates to the third phase, Haewoori Offshore Wind 3, which will be the first to move forward. In addition, both companies shared their commitment to close cooperation and contribution to…

The US Treasury has issued a final rule for the 45X advanced manufacturing tax credits, including for wind power components. The latest ruling on Inflation Reduction Act (IRA) provisions gives investors the certainty needed to continue backing domestic supply chains, the American Clean Power Association (ACP) claimed. by Ros Davidson Adblock test (Why?)

Offshore wind cable supplier Nexans is prepared to export the output of its South Carolina manufacturing plant to Europe and elsewhere if the US offshore wind sector is stymied during the next Trump administration. by Ros Davidson Adblock test (Why?)

The first of three Siemens Gamesa 8 MW turbines at the Provence Grand Large floating offshore wind project in France has started delivering megawatt-hours of power to the national electricity grid. Located 17 kilometres off the coast in the Mediterranean Sea, the Provence Grand Large floating wind pilot project features three Siemens Gamesa 8 MW turbines installed on tensioned line floats[1] and designed by IFP Energies Nouvelles and SBM Offshore. The first turbine was installed[2] at the 100-metre-deep site in September 2023, with the third and final unit being towed offshore in October. The wind turbine components were manufactured at…

Rhode Island voters have approved a state bond measure that will equip a port for offshore wind development, according to the Associated Press. Voters approved a $53 million state bond that includes $15 million for improvements to the Port of Davisville to ensure it can serve as a long-term operations and maintenance hub for offshore wind projects off New England.  The $15 million would be used to upgrade the port’s berthing space, and its access roads and cargo areas.  “The people of Rhode Island have spoken, and they are ready to invest in our ports and our clean energy future,”…

California voters have passed Proposition 4, a $10 billion climate bond including more than $800 million in directed funding for offshore wind ports and state transmission improvements, according to the Associated Press.   The $475 million in offshore wind funds will help advance the construction of the Ports of Long Beach, near Los Angeles, and Humboldt, in the far north. The ports will be upgraded so they can assemble floating offshore wind turbines. California aims to deploy up to 5GW of offshore wind capacity by 2030 and a nation-leading 25GW by 2045. The Oceantic Network industry body says this funding…

Louisiana voters have supported a constitutional amendment directing federal revenue from offshore wind lease sales to the state’s coastal protection and restoration fund. This provision would create parity between revenue from offshore wind lease sales and revenue from offshore oil and gas lease sales. According to the Associated Press, more than 73% of Louisiana voters approved the amendment. Louisiana already has a significant offshore wind supply chain presence, because of its offshore oil and gas industries. “This vote creates a framework that will allow the state to increase its industry involvement,” said the Oceantic Network trade group.  Nancy Kirshner-Rodriguez, senior…