The Crown Estate has signed Agreements for Lease for all six offshore wind projects selected in the UK’s Round 4 offshore wind seabed leasing. This enables the developers to now further progress their plans and also kicks off the period in which they will be paying annual option fees of almost GBP 9
Plenitude, a Benefit Corporation company of the Italian oil and gas major Eni, and Irish floating offshore wind developer Simply Blue Group have entered into an agreement to jointly develop floating wind projects in Italy, with applications for the first two already submitted to the relevant authori
Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) and Statkraft have signed an agreement which will see CIP acquiring 50 per cent in Statkraft’s offshore wind portfolio in Ireland. Under the deal, the financial terms of which have not been disclosed, CIP will ho
The State Oil Company of the Republic of Azerbaijan (SOCAR) and the United Arab Emirates’ Masdar have entered into a partnership on offshore wind and green hydrogen projects in Azerbaijan. Under a joint development agreement, signed in Abu Dhabi on 15 January within the framework of Azerbaijan’s Pre
Ørsted has applied for permits to build four more large-scale offshore wind farms in Sweden, in addition to the two projects the developer announced earlier. With the new applications, Ørsted’s Swedish portfolio of potential projects has grown to a combined capacity of 18 GW. In Sweden, Ørsted is al
SSE Renewables and APG, the largest pension provider in the Netherlands, have formed a consortium for participation in the upcoming 4 GW IJmuiden Ver offshore wind farm zone tenders. SSE Renewables and APG, acting on behalf of Dutch pension fund ABP, aim for the development of a large-scale offshore
The Scottish and UK governments have awarded the Green Freeport status to Inverness and Cromarty Firth Green Freeport and Forth Green Freeport in Scotland. The ports, Scotland’s first Green Freeports, will receive up to GBP 52 million in start-up funding and will benefit from tax reliefs and other i
Danish offshore shipping company, World Marine Offshore (WMO), filed for bankruptcy with the Court in Esbjerg on 6 January. John Sommer Schmidt, a lawyer at the Gorrissen Federspiel firm, has been appointed to oversee the bankruptcy proceedings. Schmidt told Denmark’s Finans that WMO had filed for b
TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it
Gulf of Maine, whose US waters lie off the coasts of Maine, New Hampshire, and Massachusetts, has already attracted several (floating) offshore wind developers as the Bureau of Ocean Energy Management (BOEM) continues its process towards designating Wind Energy Areas which will be put up for a lease
Equinor and RWE have signed a memorandum of understanding (MoU) on developing large scale projects that will contribute to the European energy supply and to the ramp-up of the hydrogen economy in Germany, Norway and the EU. Among the key areas the two partners agreed upon is also joint development o
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Ofgem has approved the strategic electricity transmission reinforcements required to deliver the UK Government’s 50 GW offshore wind by 2030 target, set out as part of the regulator’s Accelerated Strategic Transmission Investment (ASTI) framework. The decision confirms that all SSEN Transmission pro
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