In order to tackle the global shortage of cargo containers, German shipping major Hapag-Lloyd has placed an order for containers worth about $550 million. On top of the pandemic and delayed shipments due to port congestion, shippers and forwarders worldwide … Read More
coronavirus
World Invests Record Amount in Decarbonization Efforts
The world has committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the COVID-19 pandemic, according to recent energy transition investment analysis compiled by BloombergNEF (BNEF), Bloomberg’s primary … Read More
Murphy Unveils Plans to Build State-of-the-Art Monopile Manufacturing Facility
Gov. Phil Murphy, alongside EEW, Ørsted, legislators and members of the building trades, has unveiled a $250 million investment in a state-of-the-art manufacturing facility to build monopiles for offshore wind turbines that will serve the entire U.S. offshore wind industry. … Read More
New Bipartisan Bill Grants Wind Industry Much Needed Relief
Congress has reached a bipartisan deal that contains important emergency relief measures for the renewable energy industry, including a one-year extension of the production tax credit (PTC), and a new 30% investment tax credit for offshore wind projects that start … Read More
BayWa r.e. Completes Construction, Financial Close on Amadeus Wind Project
BayWa r.e., a global developer, service supplier, distributor and energy solutions provider, has completed construction and achieved financial close of the Amadeus Wind project in Texas. Amadeus is the largest onshore wind project completed to date in BayWa r.e.’s global … Read More
Korean firm to cool Pfizer Covid-19 vaccine storage space with LNG
Liquified natural gas (LNG) will be used to keep extremely low temperatures in storage facilities in South Korea which will house millions of Pfizer’s Covid-19 vaccines. According to a Reuters article, Korea Superfreeze Inc., located 65 kilometres from Seoul and … Read More
Third Quarter Shatters Previous U.S. Energy Storage Records
Approximately 476 MW of energy storage were deployed this year – an increase of 240% over the previous high set last quarter, according to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) recently released U.S. Energy Storage Monitor report. … Read More
Black Hills Completes Construction on Corriedale Wind Project
Black Hills Corp. has completed construction on its $79 million Corriedale Wind Energy Project near Cheyenne, Wyo. The project is producing wind energy for customers who subscribed to its Renewable Ready Program. The 52.5 MW wind generation project is jointly … Read More
Eskim Selects the Nordex Group to Optimize Turbine Performance
The Nordex Group has been selected by Eksim to optimize the aerodynamics of rotor blades on 80 N100/2500 wind turbines located on five wind farms in Turkey. The Nordex Group offers its customers the vortex generator upgrade as an additional … Read More