Global offshore wind capacity hits 22 GW in 2018

08/03/2019 09:08 Wind

news

The global offshore wind market saw the deployment of 4,988 MW in 2018, which made the year a record one in terms of new capacity additions, shows data released by the World Forum Offshore Wind (WFO).

The cumulative installed offshore wind capacity increased to 22,045 MW at end-2018. The figures were published during the first global offshore wind summit taking place in Taipei and are open for review and feedback by the sector.

 

WFO, the newly-founded non-profit association, aims to support the addition of a further 500 GW of offshore wind parks by 2050 under WFO Mission "500 by 50". It is based on calculations by the International Renewable Energy Agency (IRENA), which says offshore wind has the potential to reach 520 GW by 2050. WFO noted that such “steep” growth could be only achieved through extensive cooperation between the offshore wind community and governments and regulators.

Source: renewablesnow.com

Mirova fund raises €857m for renewables

14/11/2019 08:55:00

Mirova has announced the final close of an €857m fund to invest in clean energy projects.

<READ MORE

BP: Total production from Azeri-Chirag-Gunashi oil field exceeded 3,6 billion barrels

14/11/2019 08:51:00

A total of 3,6 billion tons of oil has been produced since the commissioning of operation of Azeri-Chirag-Gunashli (ACG) fields, according to BP.

READ MORE

Daily (13.11.2019): British spot gas price spiked by 6.5% on Tuesday on higher gas-for-power demand

13/11/2019 11:31:00

Oil prices nudged down on Tuesday on no new details after Donald Trump’s speech about the China-U.S. trade negotiations Meanwhile, concerns regarding slower economic growth and weaker oil demand still kept prices under pressure. Brent crude fell by 0.2% to $62.06 a barrel, while WTI futures edged 0.1% lower at $56.80 a barrel.

READ MORE