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MHI Vestas Signs Four MoUs For Taiwanese Offshore Wind Development
The burgeoning offshore wind industry in Taiwan has received yet another massive boost after one of the world’s leading offshore wind energy companies, MHI Vestas, announced that it has signed four Memorandums of Understanding with leading local companies to begin…
Green Investment Group Acquires 25% Stake In 210 Megawatt Westermost Rough Offshore Wind Farm
The Green Investment Group, now owned by Macquarie Group, has this week announced the acquisition of a 25% stake in the 210 megawatt (MW) Westermost Rough offshore wind farm from Marubeni Corporation. Announced on Tuesday, the Green Investment Group (GIG)…
Repowering UK Wind Farms Low-Cost Option To Increase Renewable Generation
Repowering and upgrading ageing UK wind farms as they near the end of their scheduled lifespan could increase the UK’s generating capacity by 1.3 gigawatts, providing a highly cost-effective means of increasing renewable generation. This is the key finding from…
800 Megawatt Bay State Wind US Offshore Project Partners To Combine Energy Storage
Earlier this month, the 800 megawatt Bay State Wind offshore project being developed jointly by Ørsted and Eversource off the coast of Massachusetts announced a deal which will see it work with local NEC Energy Solutions to develop an energy…
Green Investment Group Snaps Up Latest Offshore Wind Stake
The UK’s offshore wind industry received a dual boost this week, as Green Investment Group (GIG) stepped up its interest in the sector and the first foundations were installed at the EOWDC project off the Scottish coast. GIG, the former…
‘Repowering’ Older Onshore Wind Turbines Could Save Billpayers Millions, Analysis Finds
Upgrading the UK’s existing onshore wind farms as they reach the end of their operational lives would provide a highly cost-effective way to boost cheap, low carbon electricity generation for years to come, a new analysis today by think tank…
Global Wind Power Capacity To Double By 2027, Claims MAKE Consulting
MAKE Consulting has predicted that annual wind power capacity additions will average out at more than 65 gigawatts (GW) between 2018 and 2027, thanks in part to the increasing demand in offshore wind and the expanding contribution of emerging markets.…