Page 50 - Offshore Wind News Today

Eversource, the New England utility that is a 50-50 joint venture partner on two New York offshore wind farm projects, on Monday announced it would take an impairment charge for its offshore wind assets of up to $1.6 billion for the fourth quarter of 2023. The charge, which reflects a lower estimated fair-market value for the three projects, comes even as Eversource is in the process of selling off its wind-energy assets and exiting the sector.

Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said. The setbacks for offshore wind may undermine countries' targets to cut emissions from power generation. Enbridge, whose main business is transporting North American oil and natural gas, has a small renewable power business that makes up 3% of its earnings ...

Windtech International is the only worldwide magazine with a technological focus for global the wind energy industry.

Rehoboth Beach began initial stages of discussions regarding a community benefits package proposed by US Wind. The offshore wind energy company has offered a $100,000 annual benefit for 20 years

(Bloomberg) -- Eversource Energy is in advanced talks to unload its share in three offshore wind projects that it planned to build with Orsted A/S, and will take a fourth-quarter charge of as much as $1.6 billion.Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChinese Billionaire Is Second-Biggest Foreign Owner of US LandEmirates&#x201...

The tech hub includes organizations in southeastern Massachusetts and Rhode Island.

Windtech International is the only worldwide magazine with a technological focus for global the wind energy industry.

According to an analysis by S&P Global Commodity Insights, European nations will undertake about 50 GW of new offshore wind auctions in 2024, taking s...

The National Wildlife Federation strives to provide resources for media members, including points of contact, expert information, and news on work and upcoming events.

“With the Houthis firing missiles” regularly, cargo companies are diverting ships from the Red Sea to “much longer” and “more expensive alternate routes,” observes National Review’s Jim Geraghty, but not China’s state-owned COSCO.