National Grid, one of the world’s largest publicly listed utilities, and RWE Renewables, one of the world’s leading renewable energy companies, have announced the signing of a partnership agreement to jointly develop offshore wind projects in the coastal region of the Northeast U.S.
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Hecate Independent Power Limited ("HIP") announces the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the United Kingdom by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables. These cables are to be manufactured in the United Kingdom at a £200 million (US $277 million) bespoke power cable plant to be built at a port in the northeast of England. The total project cost is estimated at GBP £21 billion (US $30 billion).
Rapid advances in offshore wind technology—making turbines bigger and more powerful—are currently outpacing the infrastructure capacity needed to install them, a new report from the Clean Energy Technology service at IHS Markit (NYSE: INFO), a world leader in critical information analytics and solutions warns.
The Business Network for Offshore Wind is launching the Ventus Awards, a first-of-its-kind industry awards program.