Wind Archives - Page 5 of 15 -

A pilot project in the North Sea will develop floating solar panels that glide over waves ‘like a carpet’

July 22, 2022

CNBC German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea, as part of a wider collaboration focused on the development of “floating solar parks.” Set to be installed in waters off Ostend, Belgium, the pilot, called Merganser, will have a capacity of 0.5 megawatt peak, or MWp. In

A coming copper shortage could derail the energy transition, report finds

July 14, 2022

CNBC An all-electric future depends heavily on copper, and looming supply shortfalls could hamper nations’ goals of reaching net-zero emissions by 2050, according to a new report from S&P Global. Unless significant new supply becomes available, climate goals will be “short-circuited and remain out of reach,” the report says. Electric vehicles, solar and wind power, and batteries for energy

TotalEnergies wins maritime lease to develop wind farm offshore North Carolina

May 13, 2022

World Oil TotalEnergies has been named a winner by the Bureau of Ocean Energy Management of maritime lease area OCS-A 0545 in the United States, as part of the Carolina Long Bay auction held on Wednesday. This bid for the development of an offshore wind farm in the Carolina Long Bay area offshore North Carolina was won for a consideration

U.S. to kick off latest offshore wind auction for Carolina coast

May 11, 2022

Reuters The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year. The sale is part of the government’s broad push to put wind turbines in federal waters along every U.S. coastline and comes on the heels of a record February wind auction

BP establishes partnership focused on offshore wind in Japan

March 25, 2022

CNBC BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including hydrogen.” The agreement will see BP purchase a 49% stake in an offshore wind project proposed for waters off Japan’s coast. The energy major’s announcement, made Wednesday, did not contain details of the project’s size

U.S. offshore wind auction nears $4bln on third day of bidding

February 25, 2022

Nasdaq WASHINGTON, Feb 25 – The Biden’s administration’s sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over $1 billion. The auction, which began on Wednesday, is the first offshore wind lease sale under U.S. President Joe Biden,

U.S. kicks off its biggest offshore wind auction

February 23, 2022

Nasdaq Feb 23 – The United States on Wednesday kicked off its biggest ever sale of offshore wind development rights in an area covering nearly half a million acres off the coasts of New York and New Jersey. It is the first offshore wind lease sale under the administration of President Joe Biden, who has made the expansion of offshore

Offshore wind powerhouse Siemens Gamesa sees its value nearly halve in a year

February 3, 2022

CNBC Siemens Gamesa Renewable Energy has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve. The wind turbine manufacturer on Thursday said it continued to be “challenged by market dynamics,” as supply chain disruptions weighed on results. Between October and December 2021, the company said revenue fell to 1.83 billion euros

Siemens Energy shares hit record low as sell-off continues

January 24, 2022

Nasdaq FRANKFURT, Jan 24 – Shares in Siemens Energy ENR1n.DE hit a record low on Monday as a sell-off triggered by problems at its wind power division Siemens Gamesa SGREN.MC continued following a HSBC downgrade. Siemens Energy’s stock fell as much as 6.9% to 17.805 euros per share, its lowest since the company was spun off from former parent Siemens AG SIEGn.DE and listed separately

Shares in Siemens Energy and its wind business tumble after profit warning

January 21, 2022

Reuters MADRID/FRANKFURT -Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as parent company Siemens Energy. Siemens Gamesa shares listed in Spain, where the company is based, slumped as much as 16.2% to their lowest

U.S. pushes forward on clean energy with plan for record offshore wind sale

January 12, 2022

Nasdaq Jan 12 – The Biden administration on Wednesday outlined a range of measures to speed the growth of clean energy on the U.S. power grid, including the government’s largest ever sale of offshore wind leases in waters off the coast of New York and New Jersey. The announcement, which seeks to advance President Joe Biden’s ambitious climate change

Exclusive Interview: Qnergy – stirling engines for addressing methane emissions

December 22, 2021

Publisher’s Note: Dan Genovese with EnerCom sat down with Ory Zik, CEO of Qnergy, to discuss their clean, reliable, electric power system based on Stirling engines for Compressed Air Pneumatics (CAP) product that helps customers eliminate methane emissions by converting the methane into a useable energy source. Qnergy’s product has been deployed extensively across the North American gas market, replacing

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