Floating wind pioneers are using deployment learnings to attract industrial and financial partners and fund growing investment needs, experts told New Energy Update. As the floating wind industry moves towards commercial-scale projects, technology developers are forming alliances to build up spending power. Some $32.0 billion of floating wind investments are…

Energi Coast, North East England’s offshore wind cluster, has expanded to further promote the regional capabilities in offshore wind, to help deliver the ambitions of the offshore wind sector deal. It will also ensure companies are aware of the Offshore Wind Growth Partnership and support available to help them develop…

11 September 2019: The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has today launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialisation of floating wind. The Carbon Trust, together with 14 leading offshore wind developers represented by the Floating Wind JIP, will select the best…

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) has released annual market reports documenting data and trends in wind installations, technologies, costs, prices, and performance through the end of 2018 for three sectors: utility-scale land-based, offshore, and distributed wind. “Onshore wind energy installation continues to grow across the country, and…

The market leader in turnkey solutions for onshore and offshore wind turbine repair and maintenance projects, Rotos 360, has completed a project that reduced the amount of downtime, risk and overall cost at Parc Cynog Wind and Solar Park in South West Wales. Parc Cynog Wind Farm has been in…

Principle Power has started installing 8 MW turbines on Continental Europe’s first floating wind project and predicts costs could compete with fixed-bottom plants. Last month, the Windplus consortium began attaching the turbines for Windfloat 2, the first floating wind farm in continental Europe. The 25 MW project comprises three 8…

Siemens Gamesa strengthens its leadership in India with two new contracts to supply 453 MW to Alfanar •    The company will install 206 SG 2.2-122 wind turbines for its first projects with Alfanar in the country •    The order includes two wind projects which will be developed in Bhuj in…

Macquarie’s Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40% stake in the East Anglia ONE (EA1) offshore wind farm from ScottishPower Renewables (UK) Limited, a subsidiary company of the Iberdrola group. GIG has secured debt financing from…

Riyadh – Kingdom of Saudi Arabia, August 9, 2019: Saudi Arabia’s Dumat Al Jandal 400 megawatt (MW) wind farm project has broken a new world record achieving the lowest LCOE for onshore wind power, closing at 1.99 cents per kilowatt hour (kWh). The utility-scale wind farm project is the first…

Fiscal Year 2019 October-June results Siemens Gamesa doubled net income to €88 million in the first nine months, with sound commercial activity driving the backlog to more than €25 billion •    Revenue increased by 12% YoY in the first nine months of fiscal year 2019, to €7,283 million. EBIT margin…