Search results for: PPA

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28 February 2019 Business & Finance, Wind Farm Update

Ørsted has signed a long-term agreement with Northumbrian Water that will see the water company take almost a third of its renewable energy demand from Race Bank offshore wind farm. The 10-year deal is the first Power Purchase Agreement (PPA) of its kind in the UK and is an expansion of a renewable electricity supply […]

26 February 2019 Contracts & Tenders, Wind Farm Update

Canada’s Northland Power has, through its subsidiary, executed a power purchase agreement (PPA) with Taipower for the 300MW Hai Long 2A offshore wind project in Taiwan. Northland and its partner Yushan Energy own 60% and 40% of Hai Long 2A, respectively. Hai Long 2A is the first of the three Hai Long projects with a […]

22 February 2019 Wind Farm Update

The 300MW Hai Long offshore wind farm has secured all approvals and permits and the next step will be executing the power purchase agreement with Taipower, Mike Crawley, President and Chief Executive Officer of Northland Power, said. The wind farm is one of three Hai Long projects with a combined capacity of 1,044MW that Northland Power […]

21 February 2019 Business & Finance, Wind Farm Update

Taipower has signed power purchase agreements (PPAs) with China Steel Corp (CSC) and Copenhagen Infrastructure Partners (CIP) for three offshore wind projects, the local media reported. The PPAs were signed for the 300MW Chong Neng project, developed jointly by CIP and CSC, as well as for CIP’s 552MW ChangFang and 48MW Xidao, all located offshore the Changhua County. Under […]

3 January 2019 Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

Ørsted will pause and revisit its project activities, the project timelines, and local commitments in Taiwan after not receiving an establishment permit in time to sign a 2018 power purchase agreement (PPA) with Taipower for the Changhua 1 and 2a projects.

21 December 2018 Authorities, Business & Finance, Wind Farm Update

Ørsted US Offshore Wind has received approval from Connecticut’s Public Utilities Regulatory Authority for a 20-year power purchase agreement (PPA) for its Revolution Wind offshore wind farm.

12 January 2016 Business & Finance, Operations & Maintenance, Wind Farm Update

Danish independent energy service company Danske Commodities has signed a 15-year Power Purchase Agreement (PPA) with Beatrice Offshore Windfarm Limited (BOWL). Under the agreement, Danske Commodities will handle all forecasting and trading for 294 MW, equivalent to 50% of the farm’s production. The PPA is Danske Commodities’ first long-term balancing contract in the UK market, where it […]

22 September 2014 Authorities, Environment

RenewableUK says comments by Prince Charles to be aired at tomorrow’s UN Climate Summit in New York, following massive turnouts at this weekend’s People’s Climate Marches in cities around the world, demonstrate comprehensive global support for renewable energy. In a video to be shown at the UN summit on Tuesday, Prince Charles will call for […]

29 December 2011

In a major legal victory for Cape Wind, the Massachusetts Supreme Judicial Court in two decisions unanimously upheld the long term Power Purchase Agreement (PPA) between Cape Wind and National Grid.  “This decision provides a big boost for creating up to 1,000 jobs and providing Massachusetts with cleaner air, greater energy independence and a leadership […]

9 November 2010 Authorities

Rhode Island’s attorney general-elect plans to halt the state’s appeal of a power purchase agreement (PPA) for the Block Island offshore… By Tamar Wilner (windpowermonthly) [mappress] Source: windpowermonthly, November 09, 2010;

9 November 2010

Statkraft has entered into long-term Power Purchase Agreements (PPAs) with two independently owned wind farms in Scotland and Wales. The agreements mark the launch of Statkraft’s Renewable Power Purchase business in the United Kingdom and was announced at the RenewableUK 2010 Conference in Glasgow. Both wind farm projects secured bank debt finance and the agreements […]

4 March 2019

By Mr. Giordano Toninelli – Area Sales Manager – Faccin SPA Introduction Wind energy business has an historical background in Europe due to the high number of wind farms installed in the Old Continent, but in recent times the focus of offshore wind investments is starting to shift from Europe to Asia. Wind energy business […]

4 March 2019

We are bringing you a list of ten of our most read articles for the month of February. 15 Injured After CTV Collides with Cargo Ship Off Rügen All 15 people aboard the crew transfer vessel (CTV) World Bora were injured after the CTV collided with a cargo ship several nautical miles northeast of the […]

28 February 2019 Business & Finance, Wind Farm Update

RWE and Parkwind have signed a long term power purchase arrangement (PPA) under which RWE Supply & Trading GmbH will procure the electricity production from the 219MW Northwester 2 offshore wind farm. The German energy company intends to sell the electricity and guarantees-of-origin to its large industrial and municipal customers. The Northwester 2 wind farm will consist […]

7 February 2019 Contracts & Tenders, Wind Farm Update

Engie has signed a Power Purchase Agreement (PPA) with Moray Offshore Windfarm (East) Ltd to purchase 23.3% of the electricity generated from the 950MW Moray East wind farm. The PPA is for a 15-year period, starting from commercial operation of the wind farm which is scheduled to commence in 2022. Engie currently holds a 23.3% […]

6 February 2019 Contracts & Tenders, Wind Farm Update

UK utility Centrica plc has entered into a long-term contract with Moray Offshore Windfarm (East) Ltd to trade and balance 76.7 percent of the electricity generated from the 950MW Moray East offshore wind farm. Centrica’s Energy Marketing and Trading division has signed a Power Purchase Agreement (PPA) that covers all Balance Responsible Party (BRP) services […]

6 February 2019 Business & Finance, Wind Farm Update

The Vineyard Wind offshore wind project has passed the Massachusetts Environmental Policy Act (MEPA) review process following the certification of the Final Environmental Impact Report (FEIR). According to Vineyard Wind, the Massachusetts Secretary of Energy and Environmental Affairs (EEA) Matthew A. Beaton certified the FEIR for the 800MW project, which brought to the finalization of MEPA. The […]

31 January 2019 Authorities, Wind Farm Update

Taiwan’s Bureau of Energy has granted Ørsted the establishment permit for the 900MW Changhua 1 and 2a offshore wind project. In the coming weeks, Ørsted will work with the Taiwanese authorities and local stakeholders to reach other outstanding key project milestones, such as completing the supply chain plan and signing the power purchase agreement (PPA), […]

30 January 2019 Authorities, Contracts & Tenders, Wind Farm Update

The 900MW Changhua 1 and 2a offshore wind projects will move forward, Ørsted said in response to the announced 6% Feed-in-Tariff reduction, but the final investment decision depends on the outcome of supply contract renegotiations and relevant project milestones being achieved in time to keep the projects on track for commissioning in 2021. Developers who sign their […]

30 January 2019 Authorities, Business & Finance, Contracts & Tenders, Grid Connection

Taiwan’s Ministry of Economic Affairs has set out the new feed-in-tariff (FiT) at TWD 5.5160/kWh (EUR 0.156731/kWh) for the 20-year offshore wind Power Purchase Agreements (PPAs) signed in 2019. The wind projects that sign their PPAs in 2019 will receive TWD 6.2795/kWh during the first ten years of operation, and TWD 4.1422 for the remaining ten years. The […]

29 January 2019 Business & Finance

Siemens Gamesa Renewable Energy has reported a 76% increase in offshore wind turbine volume in the first quarter of the fiscal year 2019 with the sale of 609MWe. The offshore segment contributed to a 7% rise year-on-year of the company’s total wind turbine volume, which amounted to 2,129MWe. In the period of October-November, Siemens Gamesa saw a EUR 2.262 […]

21 January 2019 Business & Finance, Contracts & Tenders

Ørsted has suspended the execution of contracts with Taiwan Cogeneration Corporation, China Steel Corporation (CSC) and Century Iron and Steel Industrial (CISI) for the developer’s offshore wind projects in Taiwan, Taiwanese media reports. OffshoreWIND.biz has contacted Ørsted to confirm this, with the company yet to respond. The suspended contracts were already ongoing, while for those that […]

4 January 2019

Offshore WIND’s ten most read news in December 2018.

31 December 2018 Authorities, Contracts & Tenders, Wind Farm Update

Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed-price power purchase agreement (PPA) with the state’s power distribution companies for 0.42TWh per year equivalent to 100MW offshore wind capacity.

12 December 2018 Authorities, Business & Finance, Wind Farm Update

Swancor has signed a power purchase agreement (PPA) with Taipower for the Formosa 2 offshore wind farm.

11 December 2018 Authorities, Contracts & Tenders

The Global Wind Energy Council (GWEC) has called on the government of Taiwan to rethink proposed changes to the Feed-in-Tariff (FiT) for offshore wind projects.