Donald Trump’s moratorium on wind energy projects in the United States has sent shockwaves through financial markets, with European leaders in the sector suffering sharp losses.
The approval of the SouthCoast project by BOEM marks a strategic step in the development of offshore wind energy in the United States, with a potential capacity of 2.4 GW and significant economic and political implications.
Envision Energy invests $40 million in a wind turbine and energy storage production plant in Kazakhstan, highlighting significant economic and political implications for Central Asia.
Donald Trump, president-elect of the United States, plans to ban the construction of new wind turbines, criticizing costly subsidies and controversial environmental impacts, while the country already has nearly 100,000 turbines in operation.
The Aker Solutions-Siemens Energy consortium advances on Norfolk Vanguard West and East, strategic RWE projects for offshore wind infrastructure development in Europe.
Innergex announces the commissioning of its Boswell Springs wind farm, supplying 320 MW of electricity to PacifiCorp under a 30-year contract in the United States.
Waaree Energies finalizes the purchase of Enel Green Power India for 95 million USD, adding 640 MW of solar and wind projects to its portfolio. A strategic transaction for the country’s energy transition.
JSW Neo Energy, a subsidiary of JSW Energy, finalizes the purchase of a 125 MW wind portfolio in India, valued at 76 million USD, strengthening its strategic position in renewable energy.
Engie announces the extension of the "Red Sea Wind Energy" wind farm in Egypt, increasing its capacity to 650 MW. This initiative aims to support the country's renewable energy ambitions while consolidating Engie's role in Africa and the Middle East.
The Jeonnam 1 wind farm, with a capacity of 96 MW, marks a first for South Korea in privately-led offshore projects. By 2025, it will supply green electricity to 60,000 households, showcasing an innovative energy partnership model.
The LionLink project, a hybrid interconnector developed by TenneT and NGV, will link the Dutch and UK electricity grids through the Nederwiek 3 offshore wind farm, ensuring 2-gigawatt capacity and strengthening energy security in Europe.
Texas experiences dramatic electricity price fluctuations driven by record winds and a cold wave, disrupting energy networks and natural gas markets across the region.
The Suez Wind Farm, with a capacity of 1.1 GW, has reached a major milestone with $703.6 million in funding, marking a pivotal step in Egypt’s energy transition strategy and efforts toward energy independence.
A wind farm project at Goose Harbour Lake secures $224.2 million to produce 168 MW of electricity, including participation from 13 Indigenous communities. This project supports Nova Scotia's energy transition and local economy.
The European Commission has approved a joint acquisition between EEW Holding and Sumitomo, valued at €998 million, aimed at supporting the production of components for offshore wind farms.
The offshore wind project Empire Wind 1 by Equinor, located off the coast of New York, has secured $3 billion in financing. This key initiative is expected to supply electricity to 500,000 households by 2027, strengthening the United States' renewable energy position.
