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January 19, 2021

GE Renewable Energy finalises contracts for US offshore wind project

GE Renewable Energy has finalised supply and service contracts for the 1.1GW Ocean Wind offshore project in New Jersey, US.

GE Renewable Energy has finalised supply and service contracts for the 1.1GW Ocean Wind offshore project in New Jersey, US.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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The company will equip Ørsted’s Ocean Wind project with GE’s Haliade-X 12MW wind turbine, with an option to use the 13MW variant. The project lies 15 miles off the coast of southern New Jersey.

GE Renewable Energy Offshore Wind president and CEO John Lavelle said: “We are excited to be a part of New Jersey’s inaugural offshore wind project and look forward to a long partnership with both Ørsted and the Garden State.

“The New Jersey Wind Port will be a great resource for the offshore wind industry, including GE Renewable Energy, to use in maximising the environmental and economic development benefits that offshore wind can bring to the state and the nation.”

Additionally, GE’s agreements include a five-year service and warranty agreement. Under this, it will provide operational support for the wind turbines along with the Ørsted operational and maintenance team. The contracts are subject to final notice to proceed.

Upon completion, Ocean Wind will power half a million New Jersey homes annually.

Ørsted Offshore executive vice-president and CEO Martin Neubert said: “For decades, Ørsted has worked closely with suppliers to bring down the cost of electricity from offshore wind by introducing new and innovative technologies on our projects.

“The ever-increasing capacity of wind turbines has been fundamental to making offshore wind energy competitive with electricity from fossil fuel generation. We look forward to working with GE on deploying the new turbine on our Mid-Atlantic projects.”

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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