The Scottish Offshore Wind Energy Council (SOWEC) has officially launched, calling for the goal of having at least 8GW of offshore wind in Scottish waters by 2030. The council, launched on 29 October, said it aims to lead and support the industry, boost the local content of projects and increase job
The Polish Ministry for Investments and Development and GE Renewable Energy have signed a Letter of Intent (LoI) to cooperate on the development of Poland’s offshore wind sector. Polish Minister of Finance, Investment and Development Jerzy Kwieciński and GE’s Sławomir Żygowski and Fabrice Kermorgant
Vattenfall’s Wind Business Area saw an increase in net sales and the underlying operating profit during the first nine months of the year, mainly owing to new capacity and higher production due to stronger winds. In the last twelve months, Vattenfall commissioned two wind farms, the 29MW Slufterdam
Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 per cent stake in Gwynt y Môr offshore wind farm in the UK. MIRA has managed a 10 per cent stake in Gwynt y Môr since 2017 following Macquarie Group’s acquisition of the Green Investm
Australian engineering company Worley has entered the offshore wind operations and maintenance market through the acquisition of the UK-based 3sun Group Ltd . Worley acquired 100% of shares in the offshore wind energy installation, inspection and maintenance business for an enterprise value of GBP 2
RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 gigawatts. The company has acquired the shares in the project companies from private owners and developers. RWE intends to further develop, build, and operate the proj
Atkins, together with law firm K&L Gates LLP, has released an updated Offshore Wind Market Handbook to help guide investors through technical and regulatory issues in the US offshore wind market. The US offshore wind market has quickly evolved over the last year, with extensive updates in policy and
Global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, according to a new report published by the International Energy Agency. This is driven by falling costs, supportive government policies and some remarkable technological progress, s
Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry. According to the parties, the Connecticut-based joint venture signals a new chapter of cooperation which began in late 2018 when BSO and
The last few months have been a game-changer for Equinor’s offshore wind business, the Norwegian energy company’s President and CEO Eldar Sætre said while commenting on the company’s results for the third quarter of 2019. ”Together with SSE, we were the winning bidder with three projects at Dogger B
DTU Wind Energy has launched Global Wind Atlas (GWA) version 3.0, a free web-based application containing new data about wind resources worldwide. According to DTU, GWA 3.0 continues to help policymakers, planners and investors identify global, national, regional and local high-wind areas for wind p
PGE Polska Grupa Energetyczna S.A. (PGE) and Ørsted have decided to commence discussions regarding the sale of a 50% stake in two offshore wind farm projects in the Polish Baltic Sea with a total capacity of up to 2.5GW and the cooperation terms for their development. The subject of discussions will
Avangrid Renewables has appointed Alejandro de Hoz, currently the company’s Vice President of Offshore Wind, to the role of President & CEO. He succeeds Laura Beane, who has decided to leave the company. “We have a growing renewables business with strong expertise in core areas of onshore wind and s
Engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Edinburgh to support the Scottish offshore wind sector. “Scotland is home to many offshore wind development companies and is spearheading floating wind in the UK,” said Katherine Phillips, OWC’s UK country manager. ”F
