Ørsted has appointed Jun Kasamatsu as its new Country Manager for Japan, effective from 24 August. According to the Danish company, Kasamatsu is an experienced leader with over 20 years of professional experience in renewable energy, structured finance, and investment banking. “As Country Manager fo
Wilhelmsen has entered into an agreement with Østensjø Group to acquire 25% of its offshore wind business unit Edda Wind. As part of the agreement, Wilhelmsen also secured an option to buy another 25% before June 2021. Edda Wind currently has two vessels in service and four service vessels on order
Great Britain’s National Grid ESO has selected DNV GL as the lead partner in the Offshore Coordination Project, which will advise and shape the future national strategy for offshore grid development. The aim of the project is to review and recommend ways to improve how offshore wind farms are connec
Lithuania’s state-controlled energy holding company Ignitis Group has selected Ocean Winds as a strategic partner for the development of offshore wind farm projects. Ocean Winds, an offshore wind joint venture between Engie and EDPR, and Ignitis Group aim to jointly participate in the first auction
The Government of Ceará has signed a Memorandum of Understanding with China’s Mingyang Smart Energy to develop an ”offshore wind complex” in this Brazilian state. The MoU was signed by Ceará’s Governor Camilo Santana and Mingyang’s Vice President Larry Wang. No further details were given on the term
Spain’s Iberdrola and Poland’s Enea Group have decided to terminate exclusive talks on jointly pursuing offshore wind projects in Poland. Back in June, Enea and Iberdrola signed a Letter of Intent (LoI) to jointly develop offshore wind projects in the Polish Baltic Sea with a possible total capacity
Tohoku Electric Power and ENEOS Corporation have agreed to join Japan Renewable Energy Corporation (JRE) in the development of the Happo Noshiro offshore wind project. The project aims to construct and operate offshore wind farms with a maximum output capacity of 155 MW off Noshiro City and Happo to
Norwegian renewable energy company Cloudberry Clean Energy AS has received a 100 per cent acceptance for its offer to the shareholders in Scanvind2 AS. Scanvind2 AS is the holding company of the Rewind Vänern offshore wind project. The settlement of the shares in Scanvind2 AS will be a combination o
British multinational oil and gas company BP is moving into offshore wind for the first time with a new strategic partnership with Equinor. BP has entered into an agreement with Equinor to buy 50 per cent non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a tot
Ørsted has appointed BNP Paribas, Cathay United Bank and CTBC Bank as Mandate Lead Arranger’s for a potential TWD denominated green bond issuance in Taiwan. The green bond, set to be issued in Q4 2020, represents Ørsted’s second green bond offering in Taiwan. Ørsted intends to issue the new green bo
The New Jersey Economic Development Authority (NJEDA) and the Board of Public Utilities (NJBPU) have approved two Memoranda of Understanding (MOUs) that will make nearly USD 6 million available to support offshore wind and other clean energy projects. Under the agreements, New Jersey’s Clean Energy
Vattenfall has appointed Anna Borg as its new CEO and President, succeeding Magnus Hall. Borg, who has been Vattenfall’s CFO since 2017, will take over her new role on 1 November. The appointment comes as Magnus Hall revealed in July that he had decided to leave the company after six years as CEO. T
Ørsted has appointed Mads Nipper as its next CEO and Group President, succeeding Henrik Poulsen. Nipper, who currently holds the position of CEO and Group President at Grundfos, will take over the role as of 1 January 2021. The appointment follows the decision by Henrik Poulsen, announced in June, t
MHI Vestas has concluded a purchase agreement with the Fassmer Atech Composites Taiwan (FACT) joint venture for the local supply of spinner and nacelle covers for the upcoming offshore wind projects in Taiwan. These components will be used for the MHI Vestas turbines at the Changfang Phase 2 and Xid
