Norwegian developer H2Carrier has applied for permission to build two massive offshore wind farms in the most northeastern part of Norway in order to produce green hydrogen and ammonia. The intention is to build 1.55GW of wind power capacity on the north coast of the Finnmark region in order to produce green hydrogen and ammonia on board a floating vessel designed by the company and moored at the site. H2Carrier says its True North Green Ammonia project would produce 109,000 tonnes of green hydrogen a year at the site — suggesting an electrolyser size of about 1GW — and 610,000 tonnes of gree ..read more

Energy consultancy Westwood has revised down its forecast for the rollout of offshore wind, citing Orsted’s scrapping of two major US projects and other cancellations in a challenging year for the sector. Westwood Global Energy Group now predicts global offshore wind capacity will reach 414GW by 2032, a 7.4% decrease in comparison to what it forecast early last year. The Westwood outlook was published today (Tuesday) in a report by industry platform World Forum Offshore Wind (WFO). The post Westwood trims predicted offshore wind rollout, citing project cancellations appeared first on Energy ..read more

China is making “staggering” progress in its net zero drive and will quintuple its renewables capacity by 2050, according to a new DNV report – although fossil fuels will “persist” in its energy mix. China today emits a third of global energy-related CO2 emissions but by mid-century will have cut that to a fifth, the report on the country’s energy transition said. “Intense policy focus and technological innovation are transforming China into a green energy powerhouse,” said Remi Eriksen, CEO of the Norwegian energy consultancy. “There is much to admire about China’s energy transition. There a ..read more

Turbine-making giant Vestas has signed an agreement with its Danish compatriot Maersk to establish a nacelle manufacturing plant and logistics base for offshore wind turbines in South Korea, the company revealed today (Monday). A plant and logistical base envisioned in the memorandum of understanding will help supply offshore wind turbines for the Mokpo New Port Hinterland Complex, Vestas stated in a LinkedIn post. The post Vestas and Maersk team up for South Korean offshore wind appeared first on Energy Mag ..read more

Denmark has launched its largest-ever offshore wind tender, covering six sites with a combined capacity of 6GW. For every gigawatt built, the equivalent to the power consumption of 1 million European households will be consumed, the Nordic country’s climate and energy ministry said. Denmark will allow developers to ‘overplant’ the sites, giving them the freedom to install a total of up to 10GW or more across the sites. The post Denmark kicks off largest offshore wind tender in history ‘against Putin’s gas’ appeared first on Energy Mag ..read more

Nordex has “handily” beaten expectations on order intake in the first quarter of 2024 and is expected to improve its margins throughout the year, says Deutsche Bank in a research note on the German wind OEM. Nordex pulled in orders totalling 2.1GW that are worth €1.8bn ($1.92bn) in the first quarter of the year, Deutsche Bank said in a research note, “handily beating consensus expectations of 1.3GW”. The post Nordex ‘beating expectations’ with growth ahead, says Deutsche Bank appeared first on Energy Mag ..read more

Chinese OEM Mingyang Group has launched a twin-rotor floating wind platform, which it says is the world’s largest in capacity. The platform dubbed OceanX is being assembled at the Huangchuan Wharf in Guangzhou, Guangdong Province during the first half of this year after the company launched its foundation last week. It will then be towed out to sea for its final deployment off Qingzhou, Yangjiang, in Guangdong Province, which is scheduled to take about two months It features a V-shaped tower structure, with each of the two towers carrying two Mingyang MySE8.3-180 The post Mingyang launches ..read more

Chinese wind turbine manufacturers in the past have produced mostly for their massive home market and had a tough time breaking into global markets, especially those in Europe and the US. But the pressure is increasing, as the Chinese players continue to produce at far lower prices, have greatly improved their technology, offer bigger turbines, and are increasingly successful in international markets, a new study by German consulting firm Greentech Partners found. The post ‘Playground for Western OEMs narrowing fast’: China’s wind turbine giants gain ground appeared first on Energy Mag ..read more

The New York State Energy Research and Development Authority (Nyserda) announced it would not move forward with contract negotiations for its round 3 awards winners due to preferred supplier GE’s decision to abandon its plans for 18MW machines causing “material changes to projects”. In last October’s blockbuster procurement, Nyserda provisionally awarded 4GW of capacity split among TotalEnergies, Rise Light & Power, and Corio’s 1.4GW The post New York scraps 4GW Round 3 over GE turbine standoff in new US offshore wind blow appeared first on Energy Mag ..read more

New England utility Eversource confirmed it has “finalised definitive documents” on its previously announced agreement to sell its 50% stake in the 920MW Sunrise Wind farm to partner Orsted, with the transaction set to be completed later this year. We have “executed the purchase and sales agreement that formalises the deal terms of the sale, including the on-going contractual onshore work that we will provide as a contractor to Sunrise,” an Eversource representative told Recharge. The post Eversource finalises sale to Orsted of half-stake in New York-bound Sunrise appeared first on Energy Ma ..read more