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The offshore wind power market is one of the most untapped, high-potential markets. Much of the world could be powered by offshore wind turbines, and I expect we’ll see massive growth in this arena in the coming few decades. Across the wind industry as a whole, including this offshore wind market, one key way to expand it and bring costs down has been to make larger and larger wind turbines. We’ve got more of that news this week from MingYang Smart Energy.

MingYang Smart Energy just rolled out the world’s largest hybrid drive wind turbine, the company claims. It’s the 16-megawatt (MW) MySE 16.0-242. Details are as follows:

“Designed for high-wind IEC IB including typhoon-class IEC TC, the powerful MySE 16.0-242 features an exceptional nameplate capacity of 16MW, a 242-meter diameter rotor, 118-meter long blades, and a staggering 46000m2 swept area equivalent of more than six soccer fields.

“With industry’s largest rotor and highest nominal rating, MySE 16.0-242 is set to move the boundaries of wind energy production even further. A single MySE 16.0-242 turbine can generate 80000MWh of electricity every year, enough to power more than 20000 households. In comparison, it produces 45% more energy than MingYang’s previous turbine model, the MySE 11.0-203.”

A 45% energy boost! That’s a big step up.

Big names in the wind industry include Vestas, GE, and Siemens Gamesa. MingYang Smart Energy, on the other hand, is certainly not a household name, not even for CleanTechnica readers. However, it’s getting a lot of headlines for this massive offshore wind turbine — even in broader media outlets. (Superlatives talk.)

Also, note that MingYang isn’t new to the sport either. It has previously developed 5.5MW, 6.45MW, 7.25MW, 8.3MW, and 11MW offshore wind turbines. Altogether, it has shipped more than 10 GW of wind turbines worldwide. The company also emphasizes that it builds relatively light wind turbines, this one included. “The nacelle weight of the MySE 16.0-242 is competitively low at less than 37 tonnes per MW. Compared to a heavier nacelle, its modest head mass allows for more efficient use of the tower and foundation construction, resulting in fewer purchased materials and logistics.”

The company has also put all of its power electronics and the MV-transformer in the nacelle this time — the first it’s done so. It says that this simplifies cabling and makes maintenance easier (and thus cheaper). The company also says it now uses an airtight design that reduces salt exposure and thus corrosion (not a friend of any machine).

The company states that a single MySE 16.0-242 “can eliminate more than 1.6 million tonnes of CO2 emissions over the course of its designed 25-year lifespan.”

This MySE 16.0-242 offshore wind turbine is just the first of a series of offshore platforms, each tailored for different settings, whether that be “the typhoon-prone South China Sea” or “the constantly windy North Sea in Europe.”

Here are some final specs for the MySE 16.0-242 wind turbine from MingYang Smart Energy:

Nameplate capacity: 16MW
Height: 264m
Blade length: 118m
Rotor diameter: 242m
Annual energy production (AEP):
   — 45% more than its predecessor, MySE 11.0-203
— 80 million kWh enough to power more than 20000 households
Environmental benefit: 1.6 million tonnes of CO2 emissions reduced per turbine during 25 years of operation compared to coal-fired power generation.

 

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Offshore driller Transocean plunges after offering shares at a discount

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Offshore driller Transocean plunges after offering shares at a discount

Transocean Barents, an oil platform passes through Canakkale Strait as vessel traffic suspended in both directions in Canakkale, Turkiye on November 12, 2024.

Enishan Keskin | Anadolu | Getty Images

Shares of Transocean plunged Thursday after the offshore driller announced the sale of a large number of shares at a discount.

Transocean is planning to sell 125 million shares at a price of $3.05, significantly lower than Wednesday’s close of $3.64. It is offering 25 million shares more than it originally planned.

The Swiss company’s stock was last down 14.8% premarket. The offering is expected to close on Friday.

Transocean expects to book about $381 million from the sale. It will use the proceeds to pay off debt.

(Correction: Updates with correct share offering price.)

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

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NYC’s new 15 MPH speed limit for e-bikes goes into effect next month, but cars still get a pass

New York City’s new 15 mph speed limit for electric bikes is officially set to take effect next month, in what city officials claim is a move to improve street safety. But not everyone is convinced the crackdown is targeting the real threat on the roads.

The new limit, approved earlier this year, applies to e-bikes, mopeds, and other micromobility vehicles operating in city bike lanes. Riders caught exceeding 15 mph could face warnings or citations, though the exact enforcement strategy remains murky. The NYPD says it will focus on “education first,” but given the city’s track record, that could just be the calm before the ticket storm.

The rule comes amid growing concerns from some residents and officials about rising speeds among e-bike riders, especially delivery workers who often rely on throttle-equipped bikes to meet tight deadlines. But while the new speed cap is aimed at micromobility vehicles, there’s a noticeable omission: cars, trucks, and SUVs, which continue to be allowed to travel at 25 mph – and in practice, often much faster – even though they pose exponentially more risk to vulnerable road users and are responsible for orders of magnitude more deaths each year.

It’s a move that raises eyebrows and has resulted in thousands of publicly-submitted comments that the New York Department of Transportation has seemingly ignored.

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After all, the majority of traffic fatalities in New York City don’t involve e-bikes. They involve cars. And while some e-bike riders certainly ride irresponsibly, the blanket limit nearly cuts in half the more widely accepted e-bike speed limits used around the US, and doesn’t even apply to pedal bikes, which can easily exceed such speeds despite nearly identical average weights when factoring in the vehicle and rider. Not to mention, it ignores the critical role that e-bikes play in reducing traffic congestion and emissions, especially in the delivery and commuting sectors.

So while New York is slowing down its most efficient and sustainable form of urban transport, it’s letting the real heavyweights keep their speed. If the goal is safety, then it’s fair to ask: why aren’t cars being asked to go 15 mph too?

Because once again, it seems the rules are written for the powerful – not the vulnerable.

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Tesla is now buying ads on Elon Musk’s X to get people to vote for his $1 trillion compensation

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Tesla is now buying ads on Elon Musk's X to get people to vote for his  trillion compensation

Tesla is now buying advertising on Elon Musk’s X (formerly Twitter) to get Tesla shareholders to vote for his CEO compensation package worth up to $1 trillion in stock options.

Tesla, under Elon Musk’s leadership, has famously been against advertising. The CEO is even on the record saying that he “hates advertising” and that “other companies spend money on advertising and manipulating public opinion, Tesla focuses on the product.”

However, that was before he acquired Twitter, now X, which relies heavily on advertising.

After that, he started to push Tesla to do some advertising, but the company quickly stopped or greatly reduced its advertising efforts.

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We reported that Tesla’s advertising effort picked back up last week, starting with a few Google ads to encourage Tesla shareholders to vote for Musk’s new unprecedented CEO compensation package worth up to $1 trillion.

The automaker is in a full-on marketing blitz to convince shareholders to vote for the package and to allow Tesla to issue more shares in exchange.

Now, Tesla is even buying social media ads to push shareholders to vote for Musk’s compensation package and they are even buying ads on Musk’s privately owned platform, X:

They are also buying ads on Instagram, Facebook, and Reddit.

As we previously reported, Tesla’s board has claimed that voting for the compensation package will determine the future of Tesla.

Musk went even further and linked his compensation package to the future of the world.

Earlier today, the CEO claimed that his compensation plan is not about money, but about control over Tesla:

It’s not about “compensation”, but about me having enough influence over Tesla to ensure safety if we build millions of robots. If I can just get kicked out in the future by activist shareholder advisory firms who don’t even own Tesla shares themselves, I’m not comfortable with that future.

The CEO previously threatened Tesla shareholders not to build AI products at Tesla, despite claiming they were critical to the company’s future, if he doesn’t get 25% control over the company.

Electrek’s Take

The CEO of a publicly traded company threatens shareholders to gain control over the company and uses company funds to purchase ads that benefit his privately held company, with the goal of persuading the shareholders of the publicly traded company to give him more money.

If that’s not late-stage capitalism, I don’t know what is.

Also, I know I won’t shock anyone here, but Elon is lying about this not being about money.

If he wants to increase his percentage of Tesla shares, he could do exactly what his friend Larry Ellison did with Oracle and do long-term buybacks. It would benefit everyone, but it’s not what he wants. He wants the shiny new stock options.

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