Renewable Energy Magazine-Wind newsletter

NY Governor Announces Three Offshore Wind Projects

New York Gov. Kathy Hochul has announced the largest state investment in renewable energy in US history. The  conditional awards include three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy, enough to power 2.6 million New York homes and deliver approximately 12% of New York's electricity needs once completed. When coupled with two marquee offshore wind blade and nacelle manufacturing facilities, this portfolio of newly announced projects is expected to create approximately 8,300 family-sustaining jobs and spur $20 billion in economic development investments statewide, including developer-committed investments to support disadvantaged communities. 

K2 Management support the landmark financing of Baltic Power offshore wind farm

Energy transition project management and engineering consultancy K2 Management (K2M) has announced that it has supported the project sponsors and lenders as the Lenders' Technical Advisor (LTA) on the Baltic Power offshore wind farm, marking the first offshore wind farm to reach financial close in Poland.

OSU-Led Project Receives $2.5M to Study Perceptions of Offshore Wind Energy

The U.S. Department of Energy has selected a team of researchers led by Oregon State University to receive up to $2.5 million to study what coastal communities think of potential offshore wind energy development and the benefits they could gain from those projects.

UK Government's offshore wind shortfall could delay net zero

A new report by Cornwall Insight forecasting the energy generation mix out to 2030, has calculated the UK government will miss its 50 GW offshore wind capacity target, with potential consequences for net zero. 

Amazon Adds 39 Renewable Energy Projects in Europe

Amazon has added 39 new renewable energy projects in Europe so far this year, adding more than one gigawatt of clean energy capacity to grids across Europe. Amazon has now enabled more than 160 wind and solar projects across 13 countries in Europe. Once all projects are operational, they are expected to provide 5.8 gigawatts of clean energy capacity, enough energy to power more than 4.7 million European households annually. 

Plus Power Raises Additional $1.8B to Help Incorporate Renewables and Stabilize Power Grid

Plus Power LLC announced completion of  $1.8 billion  in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the US electrical grid while incorporating more solar and wind energy.

IRENA – Latin America Energy Transition Investment Forum