Parkwind and ESB, the developers of the proposed Oriel Wind Farm in Ireland, plan to continue working towards the delivery of the project despite it not being awarded a contract in the country’s first offshore wind auction. The two companies join SSE Renewables, whose Arklow Bank II also did not win
Following Ireland’s Ministry for the Environment, Climate and Communications’ announcement of winners in the country’s first offshore wind auction, SSE Renewables, whose project did not secure a contract for renewable energy generation, said that it was still committed to the future delivery of its
Swedish developer OX2 has agreed with Ingka Investments to sell a 49 per cent stake in its three offshore wind projects in Finland with a total installed capacity of about 6,000 MW. The three projects are Halla, Laine, and Tyrsky located in the Gulf of Bothnia in the Finnish Exclusive Economic Zone.
The European Union has granted EUR 252,500 of funding, as part of its Connecting Europe Facility (CEF) policy, to assess the feasibility of a potential offshore wind farm in the Northern Adriatic Sea. The CEF Energy support will co-fund preparatory studies to help assess the feasibility of a potenti
ESB will acquire a 24.5 per cent interest in Northland Power’s ScotWind projects, the fixed-bottom offshore wind farm Spiorad na Mara and the floating wind project Havbredey. Northland will retain 75.5 per cent in each project and continue to lead their development, construction, and operation. The
Ireland’s Minister for Enterprise, Trade and Employment, Simon Coveney, has announced plans to develop a National Industrial Strategy for Offshore Wind which will set out how Ireland can maximise the economic opportunity arising from the production of offshore wind energy. Ireland’s Offshore Energy
Gazelle Wind Power, the developer of a hybrid modular floating offshore wind platform based in Ireland, has agreed to acquire a controlling stake in Spanish naval engineering and marine consulting firm Faustino Carceller, S.L. (F. Carceller). Gazelle says the acquisition will help accelerate the tec
Japan-based Shizen International, a Shizen Energy Group company, has entered into an agreement with South Korea’s INMARK Asset Management and DOHWA Engineering to form a joint venture that will develop energy storage, onshore renewables and offshore wind projects in South Korea. The joint venture, w
CNOOD Wechong Heavy Industries (CWHI) has completed Phase I construction of its XXXL monopile facility in Qinzhou Port, Guangxi, China. The new site will have an annual production capacity of 144 XXXL monopiles, which will have a maximum diameter of 15 metres and a maximum weight of 4,500 tonnes, de
Energy UK has warned that the forthcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit the UK government’s 2030 50 GW target. The CfD scheme has played a vital role in the UK’s world-leading expansion of clean energy, in parti
World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier. EBITDA excluding new partnerships in Q1 2023 was DKK 0.9 billion lower than Q1 202
Eight UK businesses have secured a share of a GBP 2 million grant competition from the Offshore Wind Growth Partnership (OWGP). Projects included a focus on condition monitoring of turbine blades and inter-array electrical cables and biofouling prevention on turbine ladders. Other projects are explo
Nexans Norway has secured NOK 2 billion (around GBP 155 million) in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract. The transaction covers the export and installation of high-voltage subsea cables for the Moray West offshore wind farm off the coa
Haizea Wind Group has placed an order with Pemamek, a welding and production automation provider, for automation machinery for XXXL monopiles that will be produced at its facility in the Port of Bilbao. Pemamek will deliver its PEMA production systems designed specifically for thick, heavy structure
