Remove Financing Remove Installation Remove Mariner Remove Wind
article thumbnail

Biden Administration launching offshore wind offensive

Green Car Congress

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
article thumbnail

These canceled New York offshore wind farms totaling 1.7 GW just officially made a comeback

Baua Electric

Rendering: South Brooklyn Marine Terminal, Empire Wind Equinor’s Empire Wind 1 and Eversource and Ørsted’s Sunrise Wind previously canceled their offshore wind contracts with New York, but now they’re back. Sunrise Wind is scheduled to come online in 2026, and Empire Wind in 2027.

article thumbnail

TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

Green Car Congress

TECO 2030 ( earlier post ) is aiming to establish Norway’s first large-scale production of fuel cells, optimized to be the heart of hydrogen-powered ships and other heavy-duty installations. We are optimizing fuel cells from the bottom up for heavy-duty marine use. Financing alternatives are being evaluated. gigawatt, per year.

Norway 468
article thumbnail

Rolls-Royce and SOWITEC cooperate on power-to-X projects

Green Car Congress

This green hydrogen can be used as fuel for fuel cells and hydrogen engines, to produce industrial feedstock and to produce sustainable e-fuels for marine, aviation, agriculture, mining and data center power. The plants will use renewable energy sources to generate electrical power that will be used to produce hydrogen with mtu electrolyzers.

Power 186
article thumbnail

Japanese banks financed most of the Mumbai Trans Harbour Link. Tap to know the cost. | Autocar Professional

Baua Electric

From Japan with Love The bridge was constructed from special steel sections imported from Japan (Japan also provided the finance for the bridge). Rypee and Yen Japanese banks provided most of the finance for the bridge (it costs roughly Rs 18,000 crore). These sections are very strong and can take big loads. The speed limit 100kph.

article thumbnail

Pew: global clean energy investment reached record $243B in 2010

Green Car Congress

Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in clean energy financing last year, improving its global standing to fourth, from eighth in 2009. Wind power continued to be the favored technology for investors at $95 billion. Click to enlarge.

2010 236
article thumbnail

Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

Green Car Congress

European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Orsted is a global renewable energy company with activities within onshore wind, solar-pv, Power-to-X, and offshore wind, where the company is the world leader. Maersk intends to offtake the full volume produced.

Green 199