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Business & Finance

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Five UK Co-Operatives to Buy Electricity from RWE’s London Array Offshore Wind Farm
Business & Finance

Five UK Co-Operatives to Buy Electricity from RWE’s London Array Offshore Wind Farm

RWE has signed a 10-year corporate power purchase agreement (CPPA) with five UK co-operatives for the electricity generated at the 630 MW London Array offshore wind farm in the UK. RWE signed the CPPA with Lincolnshire Co-op, Scotmid Co-op, East of England Co-op, Southern Co-op, and Central Co-op to

about 1 year ago
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Gone with the Wind: Overcoming Europe’s Offshore Project Obstacles
Business & Finance

Gone with the Wind: Overcoming Europe’s Offshore Project Obstacles

Offshore wind will be key to the EU’s ambitious plans to double its share of renewables, but challenges including grid connections and supply chain issues may hinder the rapid progress required to achieve this target. Michel Maaskant, Sector Sales Specialist for Offshore Renewables at Aggreko, explo

about 1 year ago
A visualization of Bibby Marine's electric CSOV at sea
Business & Finance

Cammell Laird to Study Market Opportunities for UK-Built SOVs

The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and The Crown Estate, has appointed Cammell Laird, part of APCL Group, to carry out a detailed analysis of the future market opportunity for UK-built service operation vessels (SOVs) for offshore wind.

about 1 year ago
Enshore Inch Cape
Business & Finance

UK Company Wins Inch Cape Export Cable Installation Gig

UK-headquartered Enshore Subsea has secured an export cable installation contract for one of Scotland’s largest offshore wind projects, the 1.1 GW Inch Cape. The Inch Cape offshore wind farm will feature two 85-kilometre, 220 kV, three-phase export cables, each delivered in three sections and requir

about 1 year ago
RWE London Array
Business & Finance

RWE Signs Long-Term PPA for 630 MW UK Offshore Wind Farm

RWE has signed a ten-year Power Purchase Agreement (PPA) with Telehouse International Corporation Europe for its 630 MW London Array offshore wind farm in the UK. Under the agreement, RWE will supply renewable energy to Telehouse’s London Docklands campus until the end of 2035. “Thanks to this PPA w

about 1 year ago
OES Group to Protect Inch Cape Monopile Foundations
Business & Finance

OES Group to Protect Inch Cape Monopile Foundations

Inch Cape Offshore Limited (ICOL), a joint venture between ESB and Red Rock Renewables, has awarded a contract to OES Group to supply 54 external and internal Impressed Current Cathodic Protection (ICCP) systems to protect the offshore wind project’s monopile and transition piece foundations. The IC

about 1 year ago
Cerulean Adds Ocean Installer to Aspen Floating Wind Team
Business & Finance

Cerulean Adds Ocean Installer to Aspen Floating Wind Team

Ocean Installer, a marine construction and operations provider, has been appointed by Cerulean Winds to join the alliance of companies developing the 1 GW Aspen floating offshore wind farm in the central North Sea. Ocean Installer will provide engineering expertise and installation services, post-FI

about 1 year ago
FLOWRA ORE Catapult
Business & Finance

Japan’s FLOWRA and UK’s ORE Catapult Sign Floating Offshore Wind Agreement

Japan’s Floating Offshore Wind Technology Research Association (FLOWRA) has signed a memorandum of understanding with the Offshore Renewable Energy Catapult (ORE Catapult) in the UK to consider collaboration on technology development in the floating offshore wind sector. The MoU aims to lay the grou

about 1 year ago
Seah wind Hornsea 3
Business & Finance

SeAH Wind Picks Partners for Hornsea 3 Offshore Wind Project

SeAH Wind has selected Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the 2.9 GW Hornsea 3 offshore wind farm in the UK. With commercial production set to commence in the coming months, these subcontractors have been selected to provide support with operational and log

about 1 year ago
Port of Cromarty Firth
Business & Finance

UK Gov’t Grants GBP 55 Million to Scottish Port for Floating Wind Expansion

The UK government has awarded more than GBP 55 million (about EUR 66 million) for the expansion of the Port of Cromarty Firth in Scotland. According to the government, this will enable the port to become the first in the UK capable of making floating offshore wind turbines on site and at scale. The

about 1 year ago
RWE Sofia substation
Business & Finance

Ofgem Opens Tender for RWE’s Sofia Offshore Wind Farm Transmission Links

Ofgem is inviting tenders to own and operate electricity transmission links worth GBP 4 billion (about EUR 4.8 billion), connecting the Sofia offshore wind farm to Great Britain’s mainland energy network. Ofgem has opened the Offshore Transmission Owner (OFTO) regime Tender Round 12, which invites i

about 1 year ago
CIP to Take Full Ownership of 480 MW Morecambe Offshore Wind Farm in UK
Business & Finance

CIP to Take Full Ownership of 480 MW Morecambe Offshore Wind Farm in UK

Danish Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has signed a transaction to take full ownership of the Morecambe offshore wind farm from Cobra Group and Flotation Energy, owned by TEPCO Renewable Power. The financial terms of the transaction

about 1 year ago
A photo of Saipem's S7000 vessel installing a floating wind turbine
Business & Finance

Saipem and Subsea7 Unveil Merger Plan

Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with global energy player Subsea7. The two players reached an agreement in principle on the key terms of a possible merger, which is expected to result in the

about 1 year ago
ScottishPower Renewables
Business & Finance

UK Gov’t Working on CfD Scheme Reforms to Accelerate Offshore Wind Buildout

The UK’s Department for Energy Security and Net Zero (DESNZ) has launched a consultation on proposed reforms to the Contracts for Difference (CfD) scheme for Allocation Round 7 (AR7). One of the proposed reforms is relaxing eligibility criteria for fixed-bottom offshore wind farms so projects that h

about 1 year ago
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