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Business & Finance

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A photo of the Humber Gateway offshore wind farm in the UK
Business & Finance

RWE Launches Scottish Supplier Directory

RWE has announced a new Scottish Supplier Directory for businesses interested in providing goods and services to the company’s own pipeline of projects, as well as the wider industry. Scotland-based suppliers are invited to register their details via the portal while, in turn, companies looking to t

about 4 years ago
Eni and CIP Bring Their Offshore Wind Partnership to Poland
Business & Finance

Eni and CIP Bring Their Offshore Wind Partnership to Poland

Italian integrated energy company Eni and Copenhagen Infrastructure Partners (CIP) have extended their offshore wind partnership in France by signing an agreement to collaborate also in connection with the anticipated allocation of offshore wind areas in Poland. By implementing the offshore wind act

about 4 years ago
Vattenfall Greenlights Danish Offshore Wind Farms
Business & Finance

Vattenfall Greenlights Danish Offshore Wind Farms

Vattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord, adding 344 MW of electricity capacity to the Danish energy system towards 2023. With the final investment decision at a value of EUR 769 million, Vattenfall and its suppliers will initiate the last stage of the

about 4 years ago
UK Opens Biggest Ever Contracts for Difference Round
Business & Finance

UK Opens Biggest Ever Contracts for Difference Round

The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December, with GBP 200 million a year allocated for fixed-bottom and GBP 24 million for floating offshore wind projects. Renewable energy projects across Great Britain can now bid for funding in the fo

about 4 years ago
Spain Approves Offshore Wind Roadmap
Business & Finance

Spain Approves Offshore Wind Roadmap

Spain’s Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy. The Roadmap contains 20 lines of action with the aim of reaching between 1 GW and 3 GW of floati

about 4 years ago
USA flag with CVOW wind turbine in the background
Business & Finance

New US Offshore Wind Leasing to Trigger USD 120 Billion in Investments – Report

The recently announced seven offshore wind lease auctions in the United States by 2025 could generate up to USD 4.5 billion in new federal revenue, create up to 128,000 jobs during construction of the projects, and spark USD 120 billion in clean energy investments, a report released by the American

about 4 years ago
Ofgem-inviting-bids-for-investment-in-new-interconnectors
Business & Finance

Ofgem Inviting Bids for Investment in New Interconnectors

UK energy market regulator Ofgem is inviting bids to bring forward investment in new electricity interconnectors under its ‘cap and floor’ revenue regime.

about 4 years ago
Keel-laid-for-Van-Oords-new-cable-layer
Business & Finance

Van Oord’s Next-Generation Fleet Starts Taking Shape

Van Oord has laid the keel for its new 130-metre hybrid cable-laying vessel, Calypso. The Dutch company held a ceremony at the Vard Tulcea shipyard in Romania to mark the milestone. Van Oord placed an order with VARD for Calypso in December last year as part of the company’s strategy to strengthen i

about 4 years ago
$1.3M Available for Surveys of New York Bight Offshore Wind Areas
Business & Finance

USD 1.3M Available for Surveys of New York Bight Offshore Wind Areas

The New York State Energy Research and Development Authority (NYSERDA) has made available nearly USD 1.3 million to support redevelopment data collection in the New York Bight Wind Energy Areas (WEAs) to facilitate responsible offshore wind development.

about 4 years ago
Seaway 7 Adds Zhong Neng Contract to Firm Orders
Business & Finance

Seaway 7 Adds Zhong Neng Contract to Firm Orders

Seaway 7 has confirmed the award of a contract by China Steel Power Corporation for the transport and installation of the submarine cable system for the Zhong Neng offshore wind project in Taiwan.

about 4 years ago
An image showing Vestas 9.5 MW wind turbines at sea
Business & Finance

Financial Close Reached for Zhong Neng Offshore Wind Farm

The 298 MW Zhong Neng offshore wind project in Taiwan, a joint venture between Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC), has reached financial close. The financial close for the wind farm follows the recent signing of a project financing agreement with 20 banks. Zho

about 4 years ago
A photo of Kurt Delpeche, EPCI Director of Swancor Renewable Energy and Masaya Hasegawa, Representative Director of Shizen Energy
Business & Finance

Swancor, Shizen Energy Eye Offshore Wind Projects in Japan

Shizen Energy and Swancor Renewable Energy have entered into an agreement to jointly develop offshore wind farms in Japan’s Kyushu region. According to Swancor, the developer of Taiwan’s first offshore wind farm, Formosa 1, Japan’s waters are similar to Taiwan’s in terms of geological and weather co

about 4 years ago
A Borssele III & IV wind turbine close up with the Blauwwind logo visible and the wind farm in the background
Business & Finance

Japan’s INPEX Buys Stakes in Dutch Offshore Wind Farms

INPEX Corporation has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. (DGE-NL), a Dutch-registered, wholly-owned second generation subsidiary of Mitsubishi Corporation, and acquire a 50 per cent stake in the Luchterduinen offshore wind farm and a 15 per cent stake in t

about 4 years ago
An image rendering the Nerehyd technology
Business & Finance

Lhyfe, DORIS Plan to Launch Hydrogen-Producing Floating Wind Turbine

France-based green hydrogen technology developer Lhyfe and engineering company DORIS have signed a Memorandum of Understanding (MoU) on working together on offshore hydrogen production projects, with a plan to launch the first floating wind turbine for integration with a hydrogen production system.

about 4 years ago
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