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Business & Finance

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RWE Signs PPA for Germany’s First Commercial Offshore Wind Farm
Business & Finance

RWE Signs PPA for Germany’s First Commercial Offshore Wind Farm

RWE and Ocean Breeze Energy have entered into a long-term power purchase agreement (PPA) for the BARD Offshore 1 offshore wind farm in Germany, under which RWE Supply & Trading will market the wind farm’s electricity production under the direct marketing scheme, starting this month. RWE also plans t

about 3 years ago
Cable Laying Resumes at Vineyard Wind
Business & Finance

Cable Laying Resumes at Vineyard Wind

Prysmian’s cable-laying barge Ulisse has resumed cable-laying operations at the first U.S. large-scale offshore wind project, located off the coast of Massachusetts. According to the project’s latest mariner update, cable laying operations of the mid-section cable for the Vineyard Wind 1 project wer

about 3 years ago
The Nordsee Ost offshore wind farm
Business & Finance

Mercedes-Benz, Amazon, Frankfurt Airport, Lidl & Kaufland, Vodafone – Giants in Germany Lining Up to Buy Offshore Wind Power

With the latest news about Lidl and Kaufland entering a long-term offshore wind power offtake contract, and Mercedes-Benz announcing the same shortly prior to that, the list of big names signing up to buy offshore wind-generated electricity in Germany keeps growing. What lies behind this are both th

about 3 years ago
A photo of Ocean Winds' Moray East offshore wind farm in Scotland
Business & Finance

Dieppe Le Tréport Offshore Wind Project Nearing Final Investment Decision

The final investment decision (FID) for the Dieppe Le Tréport offshore wind farm is expected to be made in the coming months and set the construction activities on the 496 MW French project in motion this year. This is according to Grzegorz Gorski, Chief Operating Officer at Ocean Winds and chairman

about 3 years ago
496 MW French Offshore Wind Farm Enters Construction Stage
Business & Finance

496 MW French Offshore Wind Farm Enters Construction Stage

The Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN) consortium, comprising Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie, has reached the final investment decision for the Îles d’Yeu and Noirmoutier offshore wind farm in France and thus moved the project into

about 3 years ago
A photo of RWE's Kaskasi offshore wind farm
Business & Finance

Lidl and Kaufland to Buy Electricity from Kaskasi, First Offshore Wind Farm to Use Recyclable Turbine Blades

Lidl and Kaufland, the retail divisions of the German Schwarz Group, have signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for the Kaskasi offshore wind farm, located in the German North Sea. Under the ten-year agreement, Lidl and Kaufland will be offtaking approximately 2

about 3 years ago
An image render of Gazelle Wind Power floating wind platform at sea
Business & Finance

Irish Floating Wind Tech Developer Unveils Pilot Project in Portugal

Dublin-based floating wind technology company Gazelle Wind Power (Gazelle) has partnered with the Portuguese renewable energy developer WAM Horizon to accelerate the development of a pilot project in Aguçadoura, Portugal, which will use Gazelle’s floating wind platform. Within the partnership, WAM w

about 3 years ago
SSE Renewables' offshore wind farm
Business & Finance

SSE Renewables, Equis to Place Joint Bid for Offshore Wind Project in Australia This Month

SSE Renewables and Equis Development, a Singapore-based renewable energy developer, have established a 50/50 consortium for offshore wind development in Australia, where they now plan to submit a bid for a feasibility license for an offshore wind farm project in Gippsland. In a press release issued

about 3 years ago
GE Haliade-X
Business & Finance

GE and Siemens Gamesa Settle Their Wind Turbine Patent Disputes

GE and Siemens Gamesa have resolved their wind turbine technology patent disputes ”in their entirety”, GE said in a statement. ”GE and SGRE have reached an amicable settlement of all their wind turbine technology patent disputes in the United States and Europe on confidential terms and have granted

about 3 years ago
RWE Entergy
Business & Finance

RWE, Entergy Team Up to Explore Gulf of Mexico Offshore Wind Potential

RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for cus

about 3 years ago
Vestas 15 MW Turbines Selected for 495 MW Floating Wind Farm in South Korea
Business & Finance

Vestas 15 MW Turbines Selected for 495 MW Floating Wind Farm in South Korea

Vestas has signed a preferred supplier agreement for a floating offshore wind project in South Korea, the wind turbine manufacturer announced on 31 March, leaving the project and its client unnamed. Under the agreement, if the project moves forward, Vestas will supply and install 33 units of its V23

about 3 years ago
A photo of Ørsted's 900 MW Greater Changhua 1 and 2a offshore wind farms in Taiwan, with an SOV vessel and the offshore substation in foreground
Business & Finance

Ørsted to Start Building Its Two New Offshore Wind Farms in Taiwan

Ørsted has taken the final investment decision (FID) on the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan, moving them into the construction stage. Onshore work and fabrication of components will start this year and the project construction is scheduled to be completed by the end of

about 3 years ago
A photo of the entrance of the Headquarters of Mercedes-Benz Group AG in Stuttgart-Untertürkheim, Germany
Business & Finance

BREAKING: Mercedes-Benz to Buy Electricity from Windanker Offshore Wind Farm

Iberdrola has signed a power purchase agreement (PPA) with Mercedes-Benz for its new offshore wind farm Windanker in the German part of the Baltic Sea. With the PPA, Mercedes-Benz Group has secured more than 140 MW of Windanker’s total planned capacity of up to 315 MW for its sites in Germany from 2

about 3 years ago
CIP
Business & Finance

CIP Signs 2 GW of Offshore Wind Agreements with Philippine Government

Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, has signed 25-year Offshore Wind Service Contracts with the Philippines’ Department of Energy (DOE) for three offshore wind farms totalling 2 GW in capacity. The contracts make CIP the first company to venture on a 100 per cent

about 3 years ago
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