Northland Power Inc.’s Post

EIB set to finance offshore wind projects as Greece moves toward 1.9 GW energy target #Eib #Electricity #Greece #OffshoreWindProjects #Wind https://lnkd.in/e7Fz5yhF

EIB set to finance offshore wind projects as Greece moves toward 1.9 GW energy target #Eib #Electricity #Greece #OffshoreWindProjects #Wind https://lnkd.in/e7Fz5yhF

EIB set to finance offshore wind projects as Greece moves toward 1.9 GW energy target #Eib #Electricity #Greece #OffshoreWindProjects #Wind https://lnkd.in/e7Fz5yhF

Germany's Strategic Measures to Safeguard the Wind Industry Germany has unveiled new measures designed to protect and bolster its domestic wind industry, a critical component of its renewable energy strategy. As the country aims to transition to sustainable energy sources, these initiatives are expected to enhance innovation and competitiveness within the manufacturing sector. The government’s focus on supporting local wind energy production not only aims to secure energy independence but also positions Germany as a leader in the global renewable energy market. By fostering collaboration between manufacturers and technology providers, these measures will likely stimulate investment and growth in the wind sector, creating new opportunities for mergers and acquisitions. As the wind industry continues to evolve, stakeholders in manufacturing and M&A must stay informed about these developments. The push for renewable energy presents a wealth of opportunities for strategic partnerships and investments, driving the future of sustainable manufacturing in Germany and beyond. https://lnkd.in/dZFgcwjz #RenewableEnergy #WindPower #EnergyTransition #Germany #sustainability

Credit article to offshoreWIND.biz.biz UK ESO Unveils GBP 58 Billion Grid Investment Plan to Reach 86 GW of Offshore Wind by 2035 Great Britain’s electricity system operator (ESO) has proposed a GBP 58 billion (approximately EUR 68 billion) investment in the electricity grid. The proposal outlines a vision for incorporating an additional 21 GW of offshore wind into the grid by 2035, which would bring the country’s total offshore wind capacity to a potential 86 GW. #Boyond2030Plan #ElecticitySystemOperator #QEDGroup #QEDEnergy #PrimeDispute

Credit article to offshoreWIND.biz.biz UK ESO Unveils GBP 58 Billion Grid Investment Plan to Reach 86 GW of Offshore Wind by 2035 Great Britain’s electricity system operator (ESO) has proposed a GBP 58 billion (approximately EUR 68 billion) investment in the electricity grid. The proposal outlines a vision for incorporating an additional 21 GW of offshore wind into the grid by 2035, which would bring the country’s total offshore wind capacity to a potential 86 GW. #Boyond2030Plan #ElecticitySystemOperator #QEDGroup #QEDEnergy #PrimeDispute

Corio was pleased to sponsor and participate in the annual Offshore WINDPOWER conference in Atlantic City, New Jersey earlier this week, continuing our work with the American Clean Power Association (ACP). Our Head of U.S., Eric Thumma, was interviewed by ACP’s Chief Policy Officer Frank Macchiarola, in a “fireside chat” session on Wednesday, discussing why the U.S. is an attractive market for offshore wind and the ongoing need for flexibility and simplification of state energy procurement. “The U.S. has a strong outlook for power demand and the important support of committed state governments who have shown policy resilience and a willingness to adapt their approach to help reach the shared goal of decarbonizing the economy,” said Eric. “Developers should be able to focus on what they do best, which is developing, constructing, and operating generation projects. Governments have made smart moves in using policy to drive efforts to build other key aspects of the energy transition, such as transmission infrastructure, and this specialization should continue,” he added. Corio colleagues attending the conference met with key decision makers, outlining our ambitions in the U.S. and noting the progress of our Attentive Energy consortium that is aiming to provide power to up to one million homes through the Attentive Energy 1 and 2 projects off the coast of New Jersey. Pictured below are Eric Thumma (Head of U.S. at Corio) on stage with Frank Macchiarola (ACP Chief Policy Officer), and Guillermo Martínez-Navas (Head of Americas, New Markets & Portfolio Strategy at Corio) with Jason Grumet (CEO of ACP). Read more: https://ow.ly/fyfU50TXpVi #offshorewind #windenergy #renewables #3xrenewables

[Review On] On March 27th, as a proud partner of the event, FKCCI participated in the Renewable Energy Night organized by BNP Paribas which focused on accelerating Korea’s offshore wind energy development. The event brought together Korean authorities and global renewable energy developers, including FKCCI Energy Committee member EDF Renouvelables and FKCCI Patron member Kim & Chang. Discussions revolved around the challenges and opportunities within Korea's renewable energy sector. Mr. YOON Sung-woon (Cédric), CEO of FKCCI, also delivered compelling remarks to inaugurate the event. 🌱📊    Throughout the evening, participants engaged with Korean authorities, notably the MOTIE, which actively responded to guests' questions. Additionally, BNP Paribas presented financial solutions to support offshore wind energy development in the country. The discussions provided a great opportunity to explore how businesses can expedite the deployment of offshore wind energy locally while also highlighting the importance of energy transition on a global scale. 🌍    #wind #energy #renewableenergy #energytransition #business #development #Chamber #authorities #event #partnership #opportunity #dialogue #deployment #offshore #challengies #solutions #discussion #speakers #Korea  

New Post: Energy Transition in Motion (Week of Nov. 1, 2024) - Dominion Energy is making significant progress on its $9.8 billion Coastal Virginia Offshore Wind (CVOW) project, now 43% complete and on track for late 2026 completion. The 2.6-GW project, the largest offshore wind initiative in the U.S., has seen a reduction in its levelized cost of electricity to $56/MWh. The company has installed 78 monopoles and two marine export cables, with approximately $5.3 billion spent to date. Dominion aims to power around 660,000 homes upon completion. The project is vital as the U.S. strives for 30 GW of offshore wind capacity by 2030, amidst supply chain challenges. Read the full article here https://lnkd.in/gcSUpH2W #Venturecapital #VC #investment #LP #Limited Partner

Great British Energy - competitor or ally to the private sector in the UK energy market? I’m not sure yet, would be interested to hear people’s thoughts. My first take is that if GB Energy focus on parts of the electricity market that struggle to attract investment such as new technology (floating wind, CCUS, hydrogen) and grid infrastructure then it will compliment the private sectors appetite to invest in established technology like fixed offshore wind. If GB Energy start to undercut the private sector (especially if buddied up with the Crown Estate who are meant to be impartial) by investing in offshore wind projects that are already attracting capital then it could potentially cause more harm than good (displacing direct investment with tax payers money). See carefully worded response from SSE in the link attached which also seems to echo that GB Energy should focus on new tech only.. https://lnkd.in/deedqaUq