REM - Renewable Energy
GE’s flagship offshore wind turbine, the Haliade-X, is now subject to a permanent injunction in the US. Two well-advanced wind projects, however, are exempt from the injunction.
The World Forum Offshore Wind (WFO) published its Global Offshore Wind Report HY1 2022, showing that China installed 5.1 GW of new offshore wind capacity throughout the period.
French private investment house Ardian has closed a $2bn Americas-focused infrastructure fund, AAIF V. The fund will invest is various sectors including the energy transition.
In the first six months of 2022, 24% of US utility-scale electricity generation came from renewable sources, based on data from the Energy Information Administration’s (EIA) Electric Power Monthly.
The US Department of Energy (DOE) has launched a goal to make enhanced geothermal systems (EGS) a widespread renewable energy option in the US by cutting its cost by 90% to $45 per MWh by 2035.
The UK’s new Prime Minister Liz Truss is expected to reveal emergency energy plans next week in which she has said she will break the link between prices of renewable energy and natural gas.
US offshore wind is continuing to break out of the East Coast, where it is currently getting established.