California, the EU Commission, Panama and Brazil Join GOWA

Source: www.gulfoilandgas.com 12/5/2023, Location: Europe

The Global Offshore Wind Alliance (GOWA) has welcomed Brazil, California, the EU Commission and Panama into its membership at a ceremony at COP28 in Dubai. The expansion adds 65 GW of declared target capacity to the Alliance, and positions it to play a crucial role in the expansion of offshore wind.

The Global Offshore Wind Alliance is focused on providing the support countries need to turn ambitions into truly transformative action, which ensures offshore wind delivers on its potential as a key tool in the fight against climate change. COP28 has seen at least 119 countries, so far, pledge to triple renewable energy capacity by 2030 – this will require the rapid expansion of offshore wind as a key tool in the new energy system that will be built this decade.

GOWA’s ambition is to drive the installation of at least 380 GW in 2030 and 2000 GW in 2050 in order to support the global energy transition and reach climate neutrality. To enable this, GOWA will work with its members to build clear financing frameworks, unlock the supply chain and share expertise around marine spatial planning. A new report from the Global Wind Energy Council, a GOWA founder, released at COP28 outlined that, “Clean technology manufacturing is one of the most pressing challenges and opportunities of the current climate and energy debate. We need collaborative thinking and action on trade, finance and policy measures that can effectively respond to the climate emergency.” GOWA has an opportunity to demonstrate best-in-practice collaboration that can set the world on course for its Net Zero targets.

“The fact that the State of California, the EU Commission, Brazil and Panama have joined GOWA shows that there is an increasing awareness of offshore wind’s enormous potential. Offshore wind is a key technology on the path to achieve the target of tripling renewable energy by 2030, which we are working to have adopted at COP28. The announcement of new GOWA members contributes to mobilising momentum for this effort.”

Denmark’s Minister for Development Cooperation and Global Climate Policy, Dan Jørgensen, welcomed the new GOWA members

“The expansion of offshore wind is absolutely fundamental to the world reaching the tripling target. The Global Wind Energy Council is delighted with the ambition set out by the COP28 pledge and GOWA provides the perfect toolset for delivering transformative action at the pace the world needs to stay on course for net zero.“GWEC sees huge growth for offshore wind, with 323 GW built by 2030. The Global Offshore Wind Alliance creates a global community of stakeholders to drive the acceleration of offshore wind. The continued expansion of our diverse and dynamic group of public and private sector members ensures the Global Offshore Wind Alliance is a key asset in making offshore wind a mainstream energy power source.”

Ben Backwell, Chief Executive of the Global Wind Energy Council

“As nations at COP28 pledge to triple renewable energy, the Global Offshore Wind Alliance stands as a testament to what we can achieve together. GOWA is not just about generating power from the winds; it's about powering a collective vision for a sustainable, wind-rich future."


Finland >>  12/2/2024 - The work is already in full swing in Korsnäs off the west coast of Finland where one of the most significant industrial projects in the country is in ...
Sweden >>  12/2/2024 - Renewable Power Capital has closed a long-term refinancing of its 146MW Klevberget onshore wind farm in Sweden
The innovative refinancing package...


Denmark >>  11/29/2024 - RES, the world’s largest independent renewables company, has acquired Danish wind turbine blade engineering specialist, Bladena, further strengthening...
Finland >>  11/29/2024 - Watson Farley & Williams (“WFW”) advised independent French renewable energy operator VALOREM Group on the global refinancing of a portfolio of 12 sol...

Ireland >>  11/29/2024 - FuturEnergy Ireland and Ørsted have been granted planning permission for Ballinagree Wind Farm, located between Millstreet and Macroom in Co. Cork.
Scotland >>  11/29/2024 - ScottishPower Renewables and Ørsted are celebrating a decade of delivery in offshore wind as West of Duddon Sands windfarm marks its tenth year of ope...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.