Developing renewable power resources such as wind and solar presents a USD 12 trillion investment opportunity over the next 25 years, Michael Liebreich, chairman and founder of Bloomberg New Energy Finance, said during the Investor Summit on Climate Risk held at the United Nations’ headquarters in N
The New York State Energy Research and Development Authority (NYSERDA) has hired former senior adviser for offshore wind technologies at the U.S. Department of Energy, Gregory Matzat, to assist in the development of large-scale wind projects. The New York state’s governor Andrew Cuomo recently commi
UK Foreign and Commonwealth Office is funding a project under which a consortium of three British consultancies will support the Government of India in setting up its offshore wind industry. IT Power Consulting, CmY Consultants and SeaChange Offshore will deliver a 10-month long project that is focu
An investigation into the death of a diver, who was working on German Alpha Ventus offshore wind farm in 2012, when the fatal accident happened, has been reopened. Danish authorities, which had initially said that an undiagnosed heart condition was the cause of death, will review the case again afte
Taiwan expects its offshore wind energy projects to attract TWD 2.5 billion (USD 74.6 million) of fresh investments in 2016, with the sector projected to draw in a total of TWD 670 billion of new investments by 2030, according to the country’s Bureau of Energy, Ministry of Economic Affairs. The coun
The New York State Public Service Commission has approved a 10-year, USD 5 billion Clean Energy Fund to advance wind, solar, energy efficiency and other clean tech industries, the state’s Governor Andrew Cuomo announced. The fund is expected to attract and leverage third-party capital to support the
New Jersey governor Chris Christie chose not to sign Senate Bill S-2711, which would have instructed the New Jersey Board of Public Utilities (BPU) to open a new window for applications for small offshore wind projects off the coast of Atlantic City. The bill, which got the green light from the New
Japan’s New Energy and Industrial Technology Development Organisation (NEDO) will subsidize portions of project costs related to the development of two offshore wind farms with a combined capacity of 270MW. The first project NEDO will back is a 170MW offshore wind farm near the Port of Noshiro, Akit
Germany connected 546 offshore wind turbines with a total capacity of 2,282.4 megawatts to the grid in 2015, a record unlikely to be beaten any time soon as it was based on ”the catch-up effects of grid connections,” the German Wind Energy Association (BWE) said in a release. Further 41 wind turbine
Statoil to Present Hywind Scotland Project in Peterhead To provide local communities with information about the Hywind Scotland Pilot Park, Statoil will hold a public exhibition on 20 January in Peterhead. 2015 Huge for Wind Power in Scotland Following a record final month, 2015 proved to be a “huge
Investing in clean energy and thus reducing reliance on fossil fuels, especially imported, was one of the major points U.S. President Barack Obama focused on in his State of the Union address delivered on January 12. Obama said the country needs to accelerate the transition away from “dirtier” energ
KIC InnoEnergy has launched the Call for Innovation Proposals 2016 in their bid to propel new innovations from the sustainable energy field to market. The Call is seeking European businesses – start-ups, SMEs or larger, that have an innovation in sustainable energy but that need support commercialis
Energy generated by wind turbines covered a record-breaking equivalent of 42.1 per cent of Denmark’s electricity needs in 2015, data gathered by Energinet.dk shows. The last year’s result is a 3 per cent improvement compared to a 39.1 per cent equivalent of Denmark’s needs covered by wind-generated
Ireland can tackle its heavy reliance on imported fossil fuels by developing own indigenous and renewable energy resources, according to Dr. Eimear Cotter, Head of Low Carbon Technologies at Sustainable Energy Authority of Ireland (SEAI). According to the “Energy Security in Ireland” report publishe
