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ReNews.biz: China has overtaken Germany as the world’s second largest offshore wind market behind the UK with 7.9GW of operational capacity, according to a new Global Offshore Wind report. World Forum Offshore Wind’s first half-year report for 2021 shows global offshore wind installations reached 34,137MW by the end of June. This demonstrates a slowdown in […]
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offshoreWIND.biz: Installation of the world’s largest floating offshore wind farm, the Kincardine Offshore Wind, has been completed. The 50 MW project is located approximately 15 kilometres off the southeast coast of Aberdeenshire, Scotland. The wind farm’s five Vestas 9.525 MW wind turbines and one 2 MW Vestas unit were installed at water depths ranging between […]
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ReNews.biz: New analysis by energy think tank Ember reveals that, for the first time, solar panels generated a tenth of EU-27 electricity during their peak months of June and July this year. Solar panels generated 39 terawatt-hours in June-July 2021, up from 28TWh in the same period in 2018. Eight EU countries set a new […]
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Bloomberg ($): China continues to announce new steel mills and coal-fired power plants even as the country maps out a path to zeroing out heat-trapping emissions. State-owned firms proposed 43 new coal-fired generators and 18 new blast furnaces in the first half of 2021, the Centre for Research on Energy and Clean Air said in […]
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Bloomberg ($): TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials. Paris-listed TotalEnergies could buy a roughly 20% stake in the third phase of the Dogger Bank wind project […]
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The Korea Herald: Amsterdam-based APG Asset Management, a subsidiary of Dutch pension fund administrator APG, warned in a letter to the South Korean government that its failure to scrap a plan to build coal-fired power plants here will constitute a “significant risk factor” to its investment in Korea. The letter, disclosed by Seoul-based nonprofit Solutions […]
Trey Cowan, Tom Sanzillo and Press Release
Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions
July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]
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PV Tech: German renewables developer BayWa r.e. has completed two installations in the Netherlands totalling 71MWp that it says are the largest floating PV plants outside of Asia. The company, together with its Dutch subsidiary GroenLeven, has commissioned its largest floating PV project to date, the 41.1MWp Sellingen park, as well as the 29.8MWp Uivermeertjes […]
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ReNews.biz: Vattenfall has started construction of the 1500MW Hollandse Kust Zuid offshore wind farm off the coast of the Netherlands. The Swedish developer said that the first vessel transporting foundations had departed today for the construction site. Construction is starting with the installation of monopile foundations, each of which have been designed specifically for the […]
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PV Magazine: African conglomerate Axian Group has announced plans to double the size of its 20 MWp Ambatolampy solar field, in Madagascar. The Antananarivo-based business, which operates in the real estate, telecoms and finance, as well as energy sectors, said it will start work on a €17 million project to double the scale of the […]
IEEFA: Santos’ Barossa gas field emissions create major risks for shareholders
With export markets' changing expectations, investors and industry beware31 March 2021 (IEEFA Australia): Santos’ proposed offshore Barossa gas field near Darwin, Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into LNG, finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The gas contains so much CO2 that most of it […]