Denmark’s export credit agency comes through with $600 million in funding for Cape Wind, which is aiming to become the first big U.S. offshore wind farm.
Why build sea walls when huge arrays of wind turbines can sap a hurricane’s energy (and reduce the storm surge) while also generating power?
These are tough times for offshore wind in Europe, but wind farm performance figures are a reminder of the sector’s exciting potential.
A floating turbine project in Oregon is OK’d to submit a formal plan as the Obama administration tries to make offshore wind power happen on the West Coast.
2013 was a record year for offshore wind in Europe, but the industry sees troubling signs and wants a renewed commitment from the U.K. and Germany.
Maine Aqua Ventus, a floating wind-turbine project, gets a green light from state utility regulators – but challenges remain.
Denmark makes up for a less windy year with added capacity, and wind energy climbs to one-third of electricity consumption.
Most offshore wind turbines these days generate 3 to 4 megawatts; a Vestas model that should begin testing soon is an 8 MW monster.
Cape Wind and Siemens finalize a deal for 130, 3.6-megawatt wind turbines, and Siemens says a $100 million equity stake in the project is likely.
The Obama administration’s push to get offshore wind going in the United States moves to Maryland, where the governor is a big supporter.
Work reportedly has begun on Cape Wind, potentially qualifying the offshore wind project for a big tax credit, but its fate remains somewhat uncertain.