Ørsted has divested 50% of the Revolution Wind and South Fork offshore wind projects and two lease areas off the coast of New England, U.S., to Eversource. According to Ørsted, the divestment of 50% of the offshore wind assets took place at a purchase price of approximately USD 225 million. Revoluti
National Grid has filed for regulatory approval of a 20-year contract for energy from Ørsted’s 400MW Revolution Wind offshore wind farm with the Rhode Island Public Utilities Commission (PUC). The contract price for energy and environmental attributes is a fixed, nominal price of US 9.8 cents per ki
The UK Planning Inspectorate is hosting issue-specific hearings on the Thanet Extension offshore wind project this month as part of Vattenfall’s application for an order granting development consent. The hearings will take place between 19 and 21 February at the Discovery Park in Sandwich, Kent, wit
The Federal Parliament of Belgium has proposed a target of 4GW of total installed offshore wind capacity by 2030 in the draft of the National Energy and Climate Plan (NECP). The draft of the NECP was presented on a workshop that the Federal Parliament organized with EUFORES (the European Forum for R
Scotland’s First Minister Nicola Sturgeon and Governor of New Jersey Phil Murphy have signed a joint agreement to tackle climate change, with a specific focus on offshore wind. Scotland and New Jersey have set ambitious climate and clean energy targets, recognising the importance of decarbonising th
French marine renewable energy specialist Naval Energies is using Dassault Systèmes’ 3DEXPERIENCE platform to develop new offshore floating wind turbines. “The sea represents a source of renewable energy that can help to satisfy the needs of the world’s growing population while ensuring a carbon-fre
Engie has signed a Power Purchase Agreement (PPA) with Moray Offshore Windfarm (East) Ltd to purchase 23.3% of the electricity generated from the 950MW Moray East wind farm. The PPA is for a 15-year period, starting from commercial operation of the wind farm which is scheduled to commence in 2022. E
MHI Vestas Offshore Wind generated a net profit of EUR 26 million and secured an order intake of 3,180MW in 2018. 2018 was the first year in which MHI Vestas generated a positive net profit on a stand-alone basis since the launch of the joint venture by Vestas and Mitsubishi Heavy Industries in 2014
Vattenfall plans to invest SEK 24 billion (EUR 2.3 billion) in wind power in 2019 and 2020, the Swedish energy company said in its 2018 Year-End Report. In December 2018, Vattenfall made the investment decision for the 605MW Kriegers Flak offshore wind farm in Denmark. The investment decision for th
Europe installed 2.6GW of new offshore wind energy capacity in 2018, an 18% increase, according to the latest statistics by WindEurope. Fifteen new offshore wind farms were commissioned last year, with the UK and Germany accounting for 85% of the new capacity by adding 1.3GW and 969MW respectively.
A new Centre for Doctoral Training (CDT) led by the University of Strathclyde in Glasgow, UK, will train researchers to PhD level in wind and marine energy. Funded by the Engineering and Physical Sciences Research Council (EPSRC) after a winning proposal was submitted by the University, a total of 7
EMS Maritime Offshore (EMO) has won a contract to provide nautical personnel for Vattenfall’s Marine Coordination Center in Esbjerg, Denmark. Under the three-year contract, EMO will provide up to ten marine coordinators who will begin supporting Vattenfall’s offshore wind projects 24/7 during the co
Trelleborg’s applied technologies operation delivered a range of cable protection solutions for the Kincardine floating wind farm and the 2MW turbine that started producing power in October 2018. Installed in quarter three of 2018, Trelleborg manufactured and delivered Distributed Buoyancy Modules (
Ørsted’s service operation vessel (SOV) Wind of Change will be commissioned in May 2019, the offshore wind developer said. The 83m long vessel is currently under construction at Cemre Shipyard in Turkey. The SOV features diesel-electric propulsion and dynamic positioning (DP2) and is capable of acco
