offshore wind

EU unveils Offshore Renewable Energy Strategy

In line with its goals for EU climate neutrality by 2050, the European Commission presented the EU Strategy on Offshore Renewable Energy, proposes to increase Europe’s offshore wind capacity from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050.

Offshore wind installations mostly unaffected by COVID-19 crisis, IEA says

Offshore wind capacity additions are forecast to reach 5.3 GW in 2020, 13% less than 2019 growth, as the offshore wind industry has been largely shielded from the COVID‑19 crisis, according to IEA. For the first time, China accounts for over half of global offshore wind expansion, while European countries provide the remainder.

Bp, Ørsted join forces for green hydrogen project

Global major in offshore wind, Ørsted along with the energy player, Bp inked a Letter of Intent (LOI) so as to develop a large-scale renewable hydrogen project at a refinery in north-west Germany.

EU aims for 60GW of offshore wind by 2030

In an effort to enhance its wind energy capacity five-fold this decade and 25-fold by 2050 and become climate neutral by mid-century, the European Union is considering a new draft energy plan.

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