Denmark’s Danfoss and Ørsted have signed a corporate power purchase agreement for 27 MW of the capacity of the Horns Rev 2 offshore wind farm. Danfoss, a global industrial manufacturer of energy-efficient solutions, signed a ten-year fixed price CPPA with Ørsted to offtake the portion of the renewab
Tunisian government officials have taken part in an offshore wind training course organized by the Netherlands, representing the country’s first steps towards offshore wind energy. The Dutch Energy Transition Facility (ETF) organized an offshore wind training course for a group of 20 Tunisian govern
Scottish Renewables has urged the Scottish Government to resolve the delay to the ScotWind offshore wind leasing round and keep the process on track before the Parliament election period starts on 25 March. The government recently halted ScotWind leasing, which was already 14 months late, after the
The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded EUR 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to EUR 571 million reported in 2019. The division’s ope
Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which ba
The Danish Energy Agency has published a discussion paper on the procurement framework for the commercial co-ownership of the Energy Island in the North Sea. The discussion paper contains a number of themes and questions that are relevant to the procurement framework for co-ownership of the Energy I
The private placement of new shares for BW Ideol has been completed ahead of the new company’s listing on the Oslo Stock Exchange in the coming days. A total of NOK 575 million (EUR 57 million) in gross proceeds has been raised: NOK 500 million (EUR 50 million) through the placement of new shares an
RWE has partnered with Offshore Renewable Energy (ORE) Catapult to study the potential for Scottish businesses to produce commercial-scale concrete foundations for floating wind projects. The study will identify key manufacturing and fabrication methodologies and constituent materials required to pr
The Polish Office of Competition and Consumer Protection (UOKiK) has approved the construction of offshore wind farms through joint ventures between foreign companies and Poland’s Polska Grupa Energetyczna (PGE) and PKN Orlen. The authority issued two decisions on 12 March, one for each of the two P
German energy company RWE has taken over an additional 20 per cent stake in the Rampion wind farm off the UK from E.ON. Following the closing of the transaction in the first half of 2021, RWE will control a 50.1 per cent stake in the 400 MW wind farm off Sussex. Confidentiality has been agreed [&hel
BW Ideol, a company established after BW Offshore’s bought into the floating wind technology developer Ideol, has applied for admission to the Oslo Stock Exchange and is expected to start trading there around 18 March. Through a private placement of shares, for which a day-long bookbuilding period w
The UK government plans to invest up to GBP 95 million (around EUR 111 million) to build two new offshore wind port hubs on the Humber and on Teesside. Teesworks Offshore Manufacturing Centre, on the River Tees, will benefit from up to GBP 20 million. As previously reported, Able Marine Energy Park,
GE Renewable Energy plans to open a new factory in Teesside in the North East of England, where it will manufacture 107-metre-long blades for the Haliade-X offshore wind turbine. The new manufacturing plant, which will be set up and operated by GE-owned LM Wind Power, is planned to be opened in 2023
CWind has completed the sale of its crew transfer vessel (CTV) Endeavour to Wood Marine, a port services operator based in Suffolk. The sale of the 18.5m catamaran is said to be part of CWind’s strategic plan to remodel its CTV fleet and enables the company to pursue new vessels. To remind, CWind ha
