Monday, 24 February 2025

Focus on Wind

FILE PHOTO: A windfarm is seen on Anglesey, north Wales May 2, 2011.  REUTERS/Toby Melville/File Photo
BusinessElectricityNewsSolarWind

Octopus Energy to invest $2.7 billion in UK clean energy

UK's Octopus Energy announced on Thursday it will invest £2 billion ($2.7 billion) in British clean energy projects by 2030.

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

A land-based wind turbine spins in Atlantic City, N.J. on Sept. 18, 2024. (AP Photo/Wayne Parry)
ElectricityInfrastructureManufacturingNewsWind

New Jersey hits pause on offshore wind project Leading Light Wind

New Jersey hit the pause button Wednesday on the project for having a hard time finding someone to manufacture blades for its turbines.

An image of Scotland's First Minister John Swinney (Andrew Milligan/PA)
ElectricityNewsSolarWind

Scotland and GB Energy discuss ‘unrivalled opportunity’ for renewables

Scotland's First Minister, Mr Swinney, said the government will work constructively with GB Energy to revive the country's renewable potential.

The Prime Minister announced the move on Tuesday (Stefan Rousseau/PA)
BusinessEconomyElectricityInfrastructureNewsPoliticsSolarTransmissionUtilitiesWind

GB Energy announcement welcomed as Starmer urged to ‘accelerate’ action

The announcement of GB Energy being based in Aberdeen has been welcomed, as ministers were urged to “accelerate” the creation of the agency....

A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017.  Picture taken July 18, 2017. REUTERS/David Gray/File Photo
BusinessElectricityFinanceNewsSolarWind

Australia’s Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73 billion

Macquarie Group is investing up to $1.73 billion for a minority stake in D.E. Shaw's green energy arm, signaling strong demand for renewable...

Shetland has seen a rapid expansion of wind energy over the past decade (PA)
ClimateElectricityEnvironmentNewsWind

Commission to set out how renewables can benefit communities across Scotland

Scotland’s Just Transition Commission will today set out key lessons from Shetland’s experience of the energy transition which it believes can help shape...

FILE PHOTO: A drone view shows power-generating windmill turbines at a wind park in La Regrippiere, near Nantes, France, April 17, 2024. REUTERS/Stephane Mahe/File Photo
AnalysisClimateElectricityEnvironmentReportsSolarWind

Record renewables growth fuels cost competitiveness: IRENA report

Over 75% of 2023's new renewable energy was cheaper than fossil fuels, highlighting its growing global competitiveness.

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