Europe has set aside a portion of its recovery package to invest in renewables. Nations need to direct investments towards a green and healthy recovery, as insurance against future disasters. Renewable energy can revitalize the economy by creating “green” jobs, ensuring energy security and strengthening resilience. Europe has set the [...]

INEOS has signed an agreement with Engie to buy 84 MW of energy produced by the Norther offshore wind farm in Belgium. The 84 MW will initially be used by existing INEOS production sites and later by Project ONE, the company’s investment in two chemical plants for the production of [...]

PepsiCo plans to source 100% renewable electricity across all of its company-owned and controlled operations globally by 2030 and across its entire franchise and third-party operations by 2040. To achieve the target, PepsiCo will employ a diversified portfolio of solutions, including power purchase agreements (PPAs) that will support the development [...]

91MW Swedish site marks the online shopping giant's debut in continent's utility-scale renewables scene. Amazon’s first operational wind farm outside of the US is now operational in Sweden. The 91MW Bäckhammar project in Western Sweden will power Amazon's AWS data centres and expanding retail business in the country. It marks the first in [...]

Turbine agreement is for two wind projects that will use 65 SG 5.0-145 units Siemens Gamesa has won turbine orders for two wind projects in Texas with a total installed capacity of 325MW. The projects, being developed by an undisclosed client, comprise the supply of 65 SG 5.0-145 wind turbines [...]

MoU signed with Italian developers AGNES and QINT’X to develop a 56-turbine project off Ravenna. Saipem has penned a deal with Italian wind developers AGNES and QINT’X to co-develop a 450MW wind farm in the Adriatic Sea off the coast of Ravenna. The Memorandum of Understanding will see the partners [...]

But doubts remain over linking the continent’s wind and solar resource centers with a brand-new network of superconducting cables. A team of renewables heavyweights led by industry veteran Eddie O’Connor is pushing for a new grid infrastructure to link Europe’s wind and solar resource centers. The group, working for an [...]

Orsted’s Hornsea 1 offshore wind farm will feature on a BBC programme tomorrow evening.  A new documentary, Powering Britain, on BBC1 at 7.30pm will feature a “behind the scenes” look at the effort that has gone into delivering the world’s largest offshore wind farm. Presenter Keeley Donovan will head out to [...]

Share placement attracted existing shareholders in Aker Solutions, as well as Nordic and global investors. Aker Offshore Wind Holding has successfully placed 340,136,054 shares in the new company via a private placement raising about Nkr500m (€47m). The placement attracted strong interest from existing shareholders in Aker Solutions, as well as [...]

Regional sector initiative chosen to bid for £30m from Government innovation fund. UK Research and Innovation (UKRI) has chosen the South West Floating Offshore Wind Accelerator to work up a detailed bid for over £30m of potential government funding provided through the former’s flagship Strength in Places Fund (SIPF). UKRI [...]

The world will top 234 GW of installed offshore wind capacity in 2030, up from 29.1 GW in 2019, and China will account for a quarter of the total. This is according to a report by the Global Wind Energy Council (GWEC), which has revised up its forecast for offshore [...]

Hydrocarbons producer will increase annual low carbon investment to $5bn as part of transition strategy BP is targeting 50GW of net renewable generating capacity by 2030, a 20-fold increase from 2019, as part of a wide-ranging plan to become an integrated energy company. Within 10 years, the oil and gas [...]