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Business & Finance

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A photo of RWE's Kaskasi offshore wind farm
Business & Finance

Lidl and Kaufland to Buy Electricity from Kaskasi, First Offshore Wind Farm to Use Recyclable Turbine Blades

Lidl and Kaufland, the retail divisions of the German Schwarz Group, have signed a long-term power purchase agreement (PPA) with RWE Supply & Trading for the Kaskasi offshore wind farm, located in the German North Sea. Under the ten-year agreement, Lidl and Kaufland will be offtaking approximately 2

about 3 years ago
An image render of Gazelle Wind Power floating wind platform at sea
Business & Finance

Irish Floating Wind Tech Developer Unveils Pilot Project in Portugal

Dublin-based floating wind technology company Gazelle Wind Power (Gazelle) has partnered with the Portuguese renewable energy developer WAM Horizon to accelerate the development of a pilot project in Aguçadoura, Portugal, which will use Gazelle’s floating wind platform. Within the partnership, WAM w

about 3 years ago
SSE Renewables' offshore wind farm
Business & Finance

SSE Renewables, Equis to Place Joint Bid for Offshore Wind Project in Australia This Month

SSE Renewables and Equis Development, a Singapore-based renewable energy developer, have established a 50/50 consortium for offshore wind development in Australia, where they now plan to submit a bid for a feasibility license for an offshore wind farm project in Gippsland. In a press release issued

about 3 years ago
GE Haliade-X
Business & Finance

GE and Siemens Gamesa Settle Their Wind Turbine Patent Disputes

GE and Siemens Gamesa have resolved their wind turbine technology patent disputes ”in their entirety”, GE said in a statement. ”GE and SGRE have reached an amicable settlement of all their wind turbine technology patent disputes in the United States and Europe on confidential terms and have granted

about 3 years ago
RWE Entergy
Business & Finance

RWE, Entergy Team Up to Explore Gulf of Mexico Offshore Wind Potential

RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for cus

about 3 years ago
Vestas 15 MW Turbines Selected for 495 MW Floating Wind Farm in South Korea
Business & Finance

Vestas 15 MW Turbines Selected for 495 MW Floating Wind Farm in South Korea

Vestas has signed a preferred supplier agreement for a floating offshore wind project in South Korea, the wind turbine manufacturer announced on 31 March, leaving the project and its client unnamed. Under the agreement, if the project moves forward, Vestas will supply and install 33 units of its V23

about 3 years ago
A photo of Ørsted's 900 MW Greater Changhua 1 and 2a offshore wind farms in Taiwan, with an SOV vessel and the offshore substation in foreground
Business & Finance

Ørsted to Start Building Its Two New Offshore Wind Farms in Taiwan

Ørsted has taken the final investment decision (FID) on the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan, moving them into the construction stage. Onshore work and fabrication of components will start this year and the project construction is scheduled to be completed by the end of

about 3 years ago
A photo of the entrance of the Headquarters of Mercedes-Benz Group AG in Stuttgart-Untertürkheim, Germany
Business & Finance

BREAKING: Mercedes-Benz to Buy Electricity from Windanker Offshore Wind Farm

Iberdrola has signed a power purchase agreement (PPA) with Mercedes-Benz for its new offshore wind farm Windanker in the German part of the Baltic Sea. With the PPA, Mercedes-Benz Group has secured more than 140 MW of Windanker’s total planned capacity of up to 315 MW for its sites in Germany from 2

about 3 years ago
CIP
Business & Finance

CIP Signs 2 GW of Offshore Wind Agreements with Philippine Government

Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, has signed 25-year Offshore Wind Service Contracts with the Philippines’ Department of Energy (DOE) for three offshore wind farms totalling 2 GW in capacity. The contracts make CIP the first company to venture on a 100 per cent

about 3 years ago
An areal photo of the WindFloat floating wind foundation at a dock
Business & Finance

Nine US Floating Wind Foundation Projects Win USD 1.6 Million from Department of Energy

The US Department of Energy (DOE) has selected nine floating wind foundation projects in Phase One of the FLoating Offshore Wind ReadINess (FLOWIN) Prize. Each project will receive USD 100,000 in funding and USD 75,000 in vouchers for technical support provided by DOE national laboratories. Skip to:

about 3 years ago
A photo of an Iberdrola worker facing an offshore wind farm
Business & Finance

Amazon and Iberdrola Sign Global Renewables Pact, First Stop Offshore Wind

Iberdrola and Amazon have announced a new global collaboration to support the development of large-scale renewable energy projects and leverage cloud computing technology to enhance digitalisation in the energy transition. Iberdrola and Amazon.com Inc. have agreed to collaborate on new wind and sola

about 3 years ago
Spanish Haizea to Operate Maryland’s Offshore Wind Monopile and Tower Factory
Business & Finance

Spanish Haizea to Operate Maryland’s Offshore Wind Monopile and Tower Factory

about 3 years ago
Leading Light Wind to Invest in Staten Island as Offshore Wind Hub
Business & Finance

Leading Light Wind to Invest in Staten Island as Offshore Wind Hub

Leading Light Wind, the American-led offshore wind project in the New York Bight, has announced three initiatives to establish Staten Island as a hub for the American offshore wind industry. The first initiative is a USD 900,000 partnership with CUNY College of Staten Island to develop the next gene

about 3 years ago
EnBW He Dreiht
Business & Finance

EnBW Clears He Dreiht Offshore Wind Farm for Takeoff, Sells Stake to Consortium

EnBW has made the final investment decision (FID) for the He Dreiht offshore wind project in the German North Sea, clearing the way for the start of construction of the company’s largest offshore wind farm to date, with an installed capacity of 960 MW. EnBW secured the contract in 2017 in the first

about 3 years ago
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