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August 18, 2023
But as the nascent offshore wind industry continues to face growing pains, Commonwealth Wind officials have argued for months that they can no longer finance the project under previously reached contracts with utilities due to increasing price pressures tied to the Russian invasion of Ukraine. With the pool of competitors limited, Avangrid higher-ups are taking a calculated risk that after walking away from existing agreements, they can win another round of bidding and secure better con...
August 18, 2023
-- BMO Capital Markets noted that subsector rotation/rising rates and, more specifically, capital cost inflation and lingering funding concerns have impacted Northland Power Inc.s stock in...
August 18, 2023
Mainstream Renewable Power (“Mainstream”), the global pureplay renewable energy company, and Ocean Winds, the international joint venture between EDPR and ENGIE dedicated to offshore wind energy, have
August 18, 2023
The Bureau of Ocean Energy Management has recently announced that two offshore wind sites located in North Carolina will not be leased
August 18, 2023
Aker Solutions provided engineering and project management support, while the cable installation was performed utilizing competence and resources from DeepOcean. The main installation vessel, Solstad Offshore’s Normand Sapphire, was mobilized from Norway.
August 17, 2023
Artemis Technologies, a pioneering force in cutting-edge, clean maritime solutions, is thrilled to announce the latest evolution of the Artemis EF-12...
August 17, 2023
/PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global pureplay renewable energy company, and Ocean Winds, the international joint venture...
August 17, 2023
The research and consultancy firm forecast annual capacity is more likely to increase by 30 gigawatts (GW) a year by 2030, well below the 80 GW per year target, or five-fold growth, set by governments across the world. "The supply chain is struggling to scale up and will be an impediment to achieving decarbonisation targets if change does not happen," said Chris Seiple, vice chair, power and renewables at Wood Mackenzie.
August 17, 2023
Renewable energy firms Mainstream Renewable Power and Ocean Winds have partnered to develop a second ScotWind floating offshore…