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Business & Finance

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Pentland floating offshore wind farm
Business & Finance

100 MW Scottish Floating Wind Project to Deliver Lifetime Expenditure of GBP 419 Million

The 100 MW Pentland Floating Offshore Wind Farm in Scotland is estimated to deliver lifetime expenditure of GBP 419 million in the UK and to support the creation of up to 1,385 full-time equivalent (FTE) jobs. This is according to supply chain information submitted to Crown Estate Scotland in a form

about 3 years ago
Thor Wind Turbine
Business & Finance

Brittany Companies to Showcase Offshore Wind Prowess at Offshore Energy 22

Companies from the French region of Brittany (Bretagne) will be present at the Offshore Energy Exhibition & Conference in Amsterdam on 29 and 30 November to highlight their expertise and the region’s ports’ strategic position close to several fixed-bottom and floating offshore wind projects. Bretagn

about 3 years ago
IberBlue Unveils First Floating Wind Project, Plans 990 MW Offshore Andalusia
Business & Finance

IberBlue Unveils First Floating Wind Project, Plans 990 MW Offshore Andalusia

IberBlue Wind, a joint venture recently established by Ireland-based floating wind developer Simply Blue Group and Spanish companies Proes Consultores and FF New Energy Ventures, announced it will develop the first of its floating wind projects in Spain, offshore Andalusia. The wind farm, named Nao

about 3 years ago
Egmond an zee offshore wind farm, owned by Shell through NordzeeWind
Business & Finance

Shell-Ocean Winds JV: ‘Mayflower Wind Did Not State Project Was Not Viable’. Developer Plans to Testify in Rhode Island

Mayflower Wind, the joint venture (JV) between Shell and Ocean Winds, said that it did not state that its offshore wind project in Massachusetts was no longer viable and intends to testify to the project’s viability before the Energy Facility Siting Board (EFSB) in Rhode Island, where part of the of

about 3 years ago
A photo of the rotor part of a Siemens Gamesa offshore wind turbine
Business & Finance

Siemens Gamesa Names New Chairman Ahead of Potential Takeover

Siemens Gamesa’s Board of Directors has appointed Christian Bruch as its new non-executive chairman. He will succeed Miguel Ángel López, who has chosen to leave the company and seek new challenges. Bruch, who is also a member of the Board of Directors, became the president and Chief Executive Office

about 3 years ago
Thor Wind Turbine
Business & Finance

US Companies Join Forces on Offshore Wind Substations

US-based companies Burns & McDonnell and Bay Ltd. are teaming up to provide engineering, procurement, fabrication, and construction of offshore substations. According to the new partnership, the aim is to help the US reach its offshore wind targets, as well as to address global supply chain challeng

about 3 years ago
Thor Wind Turbine
Business & Finance

Counting Down to Offshore Energy Exhibition & Conference 2022

See the speaker line-up for OEEC 2022 conference and The Stage below the article. Offshore Energy Exhibition & Conference 2022 (OEEC) will open its doors in less than two weeks. On the 29 & 30 November, the entire industry comes together in RAI Amsterdam to connect, discuss, share knowledge, meet an

about 3 years ago
Shell and Partners Cancel Floating Wind Project Offshore France
Business & Finance

Shell and Partners Cancel Floating Wind Project Offshore France

Energy giant Shell, China’s China General Nuclear Power Group (CGN) and France’s Caisse des dépôts et consignations (CDC) have cancelled a project to build a demonstrator floating wind farm offshore France, according to local media reports. Shell has cited ”technical, commercial and financial challe

about 3 years ago
Thor Wind Turbine
Business & Finance

Avangrid Decides to Move Forward with Commonwealth Wind, But Notes PPA Amendments Are Necessary

Avangrid has notified the Massachusetts Department of Public Utilities (DPU) that it decided to continue with the power purchase agreements (PPAs) for its Commonwealth Wind project that are currently undergoing review and approval proceedings. However, the developer has kept its position that under

about 3 years ago
Thor Wind Turbine
Business & Finance

Valmont Exits Offshore Wind Market, Euro Steel Steps In

US-headquartered Valmont Industries has entered into a definitive agreement to sell its offshore wind business to Euro Steel, a Denmark-based supplier of steel products to the European wind market. The value of the transaction has not been disclosed. The offshore wind business, known as Valmont SM,

about 3 years ago
Vestas 15 MW turbine
Business & Finance

Copenhagen Energy Sells Stake in First Offshore Wind Farm to Use Vestas 15 MW Turbines

Copenhagen Energy, a Danish energy trader and developer of solar, onshore wind, and offshore wind projects, has sold its stake in the Frederikshavn offshore wind farm, the first to feature Vestas’ 15 MW turbines. According to the company, the project marks the first major divestment for Copenhagen E

about 3 years ago
Thor Wind Turbine
Business & Finance

Ireland Releases Offshore Wind Auction Rules, Expects to Secure 2.5 GW in Capacity

The Irish Government has approved terms and conditions for the country’s first auction to supply electricity from offshore wind under the Renewable Electricity Support Scheme (ORESS 1) which is expected to secure up to 2.5 GW of offshore wind capacity. The pre-qualification stage will launch next mo

about 3 years ago
Avangrid Requests a Few More Days to Respond to Massachusetts DPU
Business & Finance

Avangrid Requests a Few More Days to Respond to Massachusetts DPU

This article was first published on 9 November and was updated on 10 November after the Massachusetts Department of Public Utilities granted Commonwealth Wind the extension of response period. On 9 November, Avangrid Renewables, the US-based company owned by Spain’s Iberdrola and the developer behin

about 3 years ago
Thor Wind Turbine
Business & Finance

Odfjell Oceanwind and Source Galileo Norge Forge Floating Offshore Wind Alliance

Odfjell Oceanwind and renewable energy developer Source Galileo’s Norwegian branch, Source Galileo Norge, have signed a memorandum of understanding (MoU) to cooperate on developing floating offshore wind farms using Odfjell Oceanwind’s technology. The cooperation will target wind farms for the elect

about 3 years ago
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