First floating wind farm in the world generates power in Scotland

19/10/2017 13:54 Renewable


The world’s first floating wind farm off the coast of Scotland began to deliver electricity to the grid. 


The 30MW Hywind wind farm comprises five giant turbines, installed around 25 kilometers from Peterhead in Aberdeenshire, and will power up 20,000 homes a year.

The advantage of floating turbines is the possibility to install them in waters that are too deep for traditional offshore wind farms. Developer Statoil is also trying to connect a 1MWh lithium battery storage solution to the floating wind farm with associated company Masdar.


Scottish First Minister Nicola Sturgeon will officially open the wind farm today. He affirmed that this event emphasizes the enormous development that was achieved in the green energy field in Scotland.

Sturgeon also revealed for the press: “Our support for floating offshore wind is testament to this government’s commitment to the development of this technology and coupled with Statoil’s Battery Storage Project, Batwind, puts us at the forefront of this global race and positions Scotland as a world center for energy innovation.”


Russia ready to invest $50 billion in Iran’s oil & gas projects

16/07/2018 09:20:00

Ali Akbar Velayati, Ayatollah Ali Khamenei’s top diplomat, said after the meeting with President Vladimir Putin, that Russian President has announced his country’s readiness to make $50 billion of investment in Iran’s oil and gas projects.


GE plans to build Poland's most efficient coal plant

16/07/2018 09:09:00

GE Power and Elektrownia Ostroleka signed a contract to build Ostroleka C, an ultra-supercritical (USC) coal-fired thermal power plant in the northeast of Poland, GE announced on Thursday.


Daily(13.07.2018): NBP spot price fell by 2.5% on Thursday due to expectations for lower demand

13/07/2018 11:21:00

Oil prices were mixed on Thursday, spurred by news that the U.S. market has been undersupplied due to the loss of some Canadian oil production. Brent crude surged by 1.4% to $74.45 a barrel. Meanwhile, WTI crude edged 0.1% lower at $70.33 a barrel, as inventories at the Cushing delivery hub had fallen by almost 1M barrels.