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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5

Wind 379
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California Energy Commission adopts offshore wind goals: 5GW by 2030, 25 GW by 2045

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The California Energy Commission (CEC) adopted a report establishing offshore wind goals and moving the state one step closer to development of the clean energy resource off California’s coast. Additional transmission infrastructure will be needed to deliver offshore wind energy from this region to the grid.

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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243
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Statkraft to install GE Rotating Stabilizers in grid-stabilization project in Scotland

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Statkraft, Europe’s largest generator of renewable energy, has agreed to a deal to help further decarbonize the UK’s power sector and deliver a new approach to managing the stability of the grid. Statkraft UK will install GE’s Rotating Stabilizer technology—i.e.,

Grid 307
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Global wind turbine order intake reached new highs in H1 2024

Baua Electric

Photo: DongFang Electric Corporation Global wind turbine order intake reached new highs in H1 2024, with 91.2 Globally, investment by wind energy developers in H1 2024 totaled $42 billion, a 3% increase year-over-year, according to new analysis from Wood Mackenzie. In total, order intake outside of China decreased 16% (-2.3

Wind 52
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Biden Administration launching offshore wind offensive

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The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

Wind 199
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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.”

Coal 118