Belgian Council of Ministers has approved, on second reading, a draft bill to amend the system of granting green certificates for electricity produced by wind farms in the North Sea. The mechanism for granting of green certificates concerns Rentel (296MW) and Norther (350MW) offshore wind farms, and
The Netherlands-based consultancy Tauw Group will carry out soil investigations and determine the most suitable route for onshore cables which will connect four 350MW offshore wind farms in the Hollandse Kust (zuid) zone to the Dutch grid, TenneT reports. Tauw will examine several onshore cable rout
US Democratic senators Edward J. Markey, representing Massachusetts, and Sheldon Whitehouse, Rhode Island, have introduced The Offshore Wind Incentives for New Development (WIND) Act which would extend the 30 percent Investment Tax Credit for offshore wind through 2025. Last year’s omnibus bill exte
DONG Energy has announced the results of its Initial Public Offering (IPO) through which 17.4% of the company’s shares have been allocated to more than 36,000 new investors at the final offer price of DKK 235 (EUR 31.6), leading to a market capitalisation of the company of DKK 98.2 billion (EUR 13.2
Germany’s Federal Cabinet has completed the amended 2016 Renewable Energy Sources Act (EEG 2016) which will now be sent to the Parliament (Bundestag and Bundesrat). The amended EEG 2016 includes a draft bill for the development and promotion of offshore wind energy –WindSeeG, which proposes two offs
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of an Environmental Assessment (EA) for commercial wind lease issuance, site characterization activities, and site assessment activities on the Atlantic Outer Continental Shelf offshore New York. The EA considers the pote
DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g
Norwegian offshore wind industry representatives have urged the government to create a working strategy for the establishment of full-scale demonstration sites after a survey showed that Norwegian companies valued their export potential in the North Sea offshore wind market between 2025 and 2040 at
Shareholders of China Ming Yang Wind Power Group Limited voted in favour of the proposal to authorize and approve the previously announced agreement and plan of a merger which if completed would resulted in the privatisation of the company. The merger by and among Ming Yang, Zhongshan Ruisheng Antai
Moray Offshore Renewables Ltd (MORL) has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth off Scotland this month. In 2010, The Crown Estate awarded MORL development rights for offshore wind development in Zone 1 (Mora
The minimum price target for DONG Energy’s shares which are expected to start trading on Nasdaq Copenhagen on 9 June has been raised, Reuters reported a source familiar with the matter as saying. The company’s owners have set a price range of between DKK 220 to DKK 255 per share, as opposed to initi
The Netherlands, Germany, Belgium, Luxembourg, France, Denmark, Ireland, Sweden and Norway have vowed to collaborate in terms of planning and constructing offshore wind farms. Dutch Minister of Economic Affairs, Henk Kamp, is the initiator of the cooperation, under which the countries will also inve
Eleven major energy companies have signed a declaration stating that offshore wind can be fully competitive with coal and gas by 2025, achieving a cost of EUR 80/MWh and below, but only if the industry achieves long-term stability through right policies and closer international cooperation. Currentl
Aberdeen-based SeaEnergy has gone into administration and sold its Return to Scene (R2S) business to James Fisher & Sons plc for GBP 1.9 million. KPMG’s Geoff Jacobs, Blair Nimmo and Tony Friar were appointed as joint administrators of the offshore energy services provider on June 2. SeaEnergy is th
