France has taken a major step toward its energy transition with the selection of the consortium led by TotalEnergies, alongside RWE, as the winner of the Centre Manche 2 (AO8) offshore wind tender. Located more than 40 kilometers off the coast of Normandy, this 1.5 gigawatt project will be the largest renewable energy development in France’s history. Once operational, the wind farm will generate around 6 terawatt-hours of green electricity annually, enough to power over one million households, at a competitive rate of €66 per megawatt-hour.

The energy sector has been experiencing a transformative shift over the past decade, marked by an increasing emphasis on renewable energy sources. However, amid this shift, biofuels find themselves in a precarious position, squeezed by the rapid advancements and growing investments in hydrogen, wind, and solar energy. Once hailed as a promising alternative to fossil fuels, biofuels are now facing significant challenges that are stalling their progress and development. Biofuels, derived from organic materials such as plant biomass, algae, and waste, were initially seen as a sustainable way to reduce carbon emissions and reliance on crude oil.

Avangrid, Inc. (NYSE: AGR), a prominent sustainable energy company and part of the Iberdrola Group, along with Copenhagen Infrastructure Partners (CIP), a leader in green energy investment, has announced that the Vineyard Wind 1 project is now delivering over 136 Megawatts (MW) to the electric grid in Massachusetts. This achievement marks Vineyard Wind 1 as the largest operating offshore wind project in the United States. With 10 turbines currently in operation, totaling approximately 136 MW, the project generates enough power to supply 64,000 homes and businesses in Massachusetts.