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OMNI Features|Romanian Adopts the Country's First Offshore Wind Energy Law.EBRD Commits €46 Million Funding to 102 MW Wind Farm Project in Romania.Exus Acquires 51 MW Spanish Wind Project from Enhol Group
May. 08 2024
OMNI Features|Romanian Adopts the Country's First Offshore Wind Energy Law.EBRD Commits €46 Million Funding to 102 MW Wind Farm Project in Romania.Exus Acquires 51 MW Spanish Wind Project from Enhol Group
The Romanian Parliament adopts the country's first Offshore Wind Energy Law. This bill comes at a time when the country needs to assert its energy independence and resilience. Romania aims to develop its first offshore wind farm by 2032.
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OMNI Features|EU Investment Bank Throws Weight Behind 'Holy Grail' Geothermal Tech.GE Vernova Invests in Xlinks' Morocco - UK Power Project
May. 07 2024
OMNI Features|EU Investment Bank Throws Weight Behind 'Holy Grail' Geothermal Tech.GE Vernova Invests in Xlinks' Morocco - UK Power Project
European Investment Bank (EIB) has handed Canadian start-up Eavor a €45m ($48m) loan to support the construction of its 'closed-loop' geothermal plant in Germany near Munich. The groundbreaking geothermal technology that promises to provide 'limitless clean power from the Earth's core.' The project had already received a €91.6m grant – around a third of its expected cost – from the EU Innovation Fund last year.
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Korean Offshore Wind Projects Rejected Due to Inadequate Transmission Network Sparking Concerns of Widespread Unemployment
May. 07 2024
Korean Offshore Wind Projects Rejected Due to Inadequate Transmission Network Sparking Concerns of Widespread Unemployment
A series of offshore wind power projects are "not approved" due to insufficient transmission network, raising concerns about widely unemployment.
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Vestas and Zhong Neng Offshore Wind Farm Successfully Load Out Taiwan's First Batch of Localization Wind Turbine on Schedule
May. 07 2024
Vestas and Zhong Neng Offshore Wind Farm Successfully Load Out Taiwan's First Batch of Localization Wind Turbine on Schedule
Vestas announced the successful load out of the first batch of offshore-localized wind turbine in Taiwan in April 2024, in collaboration with Zhong Neng Offshore Wind (hereinafter referred to as Zhong Neng). The offshore wind project was launched as scheduled. The Zhong Neng Offshore Wind Farm, located along the coast of Changhua, has a total installed capacity of approximately 300 MW. Not only has the installation progressed according to plan, but it has also contributed to Vestas' commitment to promoting sustainable development and advancing Taiwan's clean energy industry.
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OMNI Features|Canada is Expected to Meet its 2030 Carbon Reduction Target Despite a Rise in Carbon Emissions in 2022.90% of Singaporeans Value Integrated Financial and Sustainability Reporting.TWSE Launches New Version of ESG Digital Platform
May. 07 2024
OMNI Features|Canada is Expected to Meet its 2030 Carbon Reduction Target Despite a Rise in Carbon Emissions in 2022.90% of Singaporeans Value Integrated Financial and Sustainability Reporting.TWSE Launches New Version of ESG Digital Platform
The Canadian government's 2021 greenhouse gas emissions report indicates a decline due to COVID-19 but a slight increase in 2022, still 7.1% below 2005 levels. Steven Guilbeault, the Minister of Environment & Climate Change, stated this demonstrates Canada's progress towards its 2030 emissions reduction goals. The report cites transportation, construction, and some energy sectors as the main contributors to the 2021 carbon increase. However, carbon intensity per unit of GDP continues to decrease. While the oil and gas industry remains the largest emitter, the transportation sector is transitioning with the development of electric vehicles. The government plans to sustain emission reductions through oil and gas emissions limits and investment in the electric vehicle supply chain, with draft regulations expected before fall.
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OMNI Features|Analysis Report on Offshore Wind Potential in Japan: Fixed-Bottom 70 GW & Floating Wind 2,396 GW.South Korea's Jeollanam-do and 5 Companies Signed an Investment MoU of 3.9 Trillion KRW for Clean Hydrogen Industry Cluster at Myodo
May. 06 2024
OMNI Features|Analysis Report on Offshore Wind Potential in Japan: Fixed-Bottom 70 GW & Floating Wind 2,396 GW.South Korea's Jeollanam-do and 5 Companies Signed an Investment MoU of 3.9 Trillion KRW for Clean Hydrogen Industry Cluster at Myodo
On April 25th, Mitsubishi Research Institute (MRI) released a research report on offshore wind areas in Japan. The report estimated the total potential area of offshore wind regions, taking into account the density of vessel traffic. The findings revealed a potential equivalent of 70 GW for fixed-bottom offshore wind installations and 2,397 GW for floating offshore wind power.
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MOEA: The Speculation of The 3.2 Auction Ranking Results Will Affect The Industrial Development
May. 05 2024
MOEA: The Speculation of The 3.2 Auction Ranking Results Will Affect The Industrial Development
The Speculation Of The 3.2 Auction Ranking Results Will Affect The Industrial Development
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BW Ideol Unveils its Standard Floating Foundation for Mass Production with a Disruptive Market Approach
May. 03 2024
BW Ideol Unveils its Standard Floating Foundation for Mass Production with a Disruptive Market Approach
During the FOWT event in Marseille, BW Ideol, one of the global leaders in the sector, unveiled its brand-new market approach combining standardization and mass production to a selected panel of utilities and partners.
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OMNI Features|Philippines Aims to Double Solar Capacity And Quadruple The Share Of Wind Energy In Power Output By 2030.Saudi Arabia and The EU Sign MoU to Energy Cooperation
May. 03 2024
OMNI Features|Philippines Aims to Double Solar Capacity And Quadruple The Share Of Wind Energy In Power Output By 2030.Saudi Arabia and The EU Sign MoU to Energy Cooperation
According to a government presentation, the Philippines intends to increase the proportion of solar energy in its power output from 2.4% in 2024 to 5.6% by 2030, and wind energy from 3.1% to 11.7%. This initiative could position the archipelago's power grid as the clean one.