Number of PPAs jumps in 2024, but volume weakens – Pexapark
06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said
Trump scraps US climate policy, blocks offshore wind, exits Paris Agreement
21 January 2025 - President Donald Trump substantially reversed the US energy and climate policy. He is withdrawing the country from the Paris Agreement again.
WindEurope: EU building less than half capacity needed for 2030 goal
10 January 2025 - Europe gets 20% of its electricity from wind, but not enough new wind farms are being built, WindEurope said
Danske Commodities signs its biggest renewables deal so far
25 November 2024 - Energy trader Danske Commodities has signed contracts for Polish offshore wind projects Bałtyk 2 and 3, of 1.44 GW in combined capacity
Greece establishes Islands Decarbonization Fund with EU
22 November 2024 - The Islands Decarbonization Fund was launched in Naxos, with financing from the European Investment Bank
Turkey’s offshore wind power potential by 2040 estimated at 7 GW
12 November 2024 - The World Bank Group and Turkish Ministry of Energy and Natural Resources outlined the 2040 scenarios for the potential for the country's first offshore wind farms
Turkey plans 89 GW of new solar, wind power by 2035
26 October 2024 - The Government of Turkey aims to almost quadruple wind and solar power capacity to 120 GW by 2035, according to the new roadmap
China breaks records with offshore, onshore wind turbines
15 October 2024 - Dongfang manufactured a 26 MW offshore wind turbine, the strongest on the planet, while two other Chinese firms beat records in floating and onshore units
TotalEnergies to supply Saint-Gobain under five-year solar, wind PPA
09 October 2024 - TotalEnergies will supply renewable electricity to Saint-Gobain in France under a five-year power purchase agreement
Burduja declares energy revolution in Romania amid offshore wind roadmap launch
30 September 2024 - The Offshore Wind Roadmap for Romania envisages up to EUR 19 billion in investments and as much as 7 GW in capacity by 2035
Shell halts construction of biofuel refinery in Rotterdam to cut costs
05 July 2024 - Shell is pausing construction of a biofuel plant in the Netherlands. It joins a group of European energy firms scaling back green investments.
China accounts for 71% of world’s new offshore wind capacity in 2023
18 June 2024 - GWEC said China commissioned offshore wind power plants of 6.3 GW in overall capacity in 2023 or 71% of the world's total