Wind power

RWE and BASF plan $ 4.9 billion wind project

FILE PHOTO: The logo of RWE, one of Europe’s largest electricity and gas companies, can be seen at Block F / G of RWE’s new coal-fired power station in Neurath, north-west of Cologne , in Germany, in this photo taken on March 3, 2016. REUTERS / Wolfgang Rattay FRANKFURT (Reuters) …

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EPA approves air permit for vineyard wind

The United States Environmental Protection Agency (EPA) has issued the final Clean Air Act Outer Continental Shelf Air Quality Permit to Vineyard Wind 1, LLC. The permit includes the air pollution control requirements for the construction and operation of the Vineyard Wind 1 project. With the issuance of the permit, …

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South Korea announces plan for 6 GW floating wind project

Image: Stock South Korea’s President Moon Jae-in has announced plans to invest KRW 36 trillion ($ 32 billion) in building what is considered the world’s largest floating wind farm. The 6 GW complex, to be completed by 2030, will be built off the country’s southeast industrial hub, Ulsan City, on …

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French offshore wind farm authorized for take-off

Eoliennes en Mer de Dunkirk (EMD) and RTE, the operator of the French electricity grid, have announced their decision to go ahead with the development phase of the Dunkirk offshore wind farm. This decision was taken at the end of a series of public debates led by the CPDP, a …

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Offshore wind industry shipbuilding arrows

US-based Great Lakes Dredge and Dock Co (GLDD) has engaged shipbuilder Ulstein to move into the engineering phase of integrating the Jones-compliant rock dump vessel for the emerging US offshore wind market. The scope of work includes the selection of the vessel’s main equipment and the start of detailed design …

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Now is the time to invest in renewable energy stocks?

No one said investing was easy, and the renewable energy sector certainly is today. The long-term outlook remains very positive, but I think investors should be selective in equities and be prepared for possible disappointments along the way. The navigation will not be smooth. That said, there are ways to …

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