Source Energie has unveiled plans for a second gigawatt-scale floating wind project in the Celtic Sea that would produce large-scale low-carbon green hydrogen offshore and transport the gas back to shore via a dedicated pipeline. This move comes after the company announced that it joined forces with
The Netherlands Enterprise Agency (RVO) has issued a tender for a geophysical survey at the offshore Nederwiek Wind Farm Sites Zuid & Noord (North and South), and one other possible investigation area in the Dutch North Sea. The aim of this tender is to conclude an agreement with a tenderer who is a
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed i
Keppel Corporation Limited and Keppel Infrastructure Fund Management are jointly investing EUR 305 million to acquire a 50.01 per cent stake in a special purpose vehicle that holds 50 per cent of the Borkum Riffgrund 2 offshore wind farm in the German North Sea. The special purpose vehicle is curren
All wind turbines have been fully commissioned and are commercially operational at the 1.3 GW Hornsea Two in the UK which will soon become the world’s biggest single operational offshore wind farm. The project’s owner and developer, Ørsted, expects the wind farm to be fully commissioned later this m
The commissioning of the 900 MW Greater Changhua 1 & 2a has been delayed to 2023, according to Ørsted’s interim report for the first half of 2022. The project was initially scheduled to be fully operational by the end of the year, but due to COVID-19-related delays, the commissioning of the wind far
The world’s leading offshore wind developer Ørsted has increased its full-year operating profit (EBITDA) guidance and gross investment guidance following the release of the results for the second quarter of the Fiscal Year 2022. The company’s EBITDA for the first half of the year amounted to DKK 13.
RWE and Northland Power, which partnered in January to jointly develop three offshore wind projects in Germany, have now also agreed to co-develop another, 225 MW offshore wind farm in the country. At the beginning of this year, the two companies entered into an agreement to establish a joint ventur
Outer Dowsing Offshore Wind, a joint venture of TotalEnergies and Corio Generation, has selected Offshore Design Engineering Ltd. (ODE) to deliver Owner’s Engineer support to the pre-front-end engineering design (FEED) stage for its 1.5 GW Outer Dowsing offshore wind project in the UK. As Owner’s En
Wind turbine manufacturer Vestas has signed an agreement with KK Wind Solutions (KK) for the acquisition of Vestas’ converters and controls business. The deal includes Vestas’ three converters and control panels factories in Denmark, India, and China and associated staff functions. In total, around
Ten UK technology innovator companies have secured more than GBP 1 million (approximately EUR 1.2 million) in funding to help deliver solutions for the UK’s offshore wind industry. The companies, which are part of the Offshore Renewable Energy (ORE) Catapult’s Launch Academy programme, have created
The transaction to integrate Aker Offshore Wind into Mainstream Renewable Power has closed, creating a renewable energy company with a 27 GW portfolio including solar, and onshore and offshore wind projects. The closing of the transaction follows the announcement from 12 July, when Aker Horizons sai
Ørsted has set expectations for all its suppliers to use 100 per cent renewable electricity by 2025, becoming the first energy company in the world to do so, according to Ørsted. The commitment builds on learnings from Ørsted’s existing supply chain decarbonisation programme, established in 2020, wh
EDF Renewables has signed a memorandum of understanding (MoU) with Ferrovial’s Polish subsidiary Budimex for realising investments in wind farm development offshore Poland. The two companies will focus on the second phase of offshore development in the country on a 50/50 basis. As part of the second
