Canada-based Northland Power has signed an agreement to sell 49 per cent of its interest in the Hai Long offshore wind project in Taiwan to Gentari. When the deal is completed, expected to occur after the project reaches financial close, Gentari will have a 29.4 per cent indirect equity holding in t
The Belgian Federal Government and Elia Transmission Belgium (Elia) have signed an agreement on a EUR 99.7 million grant that Elia will use to build the foundations for the Princess Elisabeth Island, deemed a key link for unlocking offshore wind potential in the Belgian North Sea. The grant is part
GE Ventures AG, a Liechtenstein-based investment firm founded in 2020 that invests primarily in continental Europe, has acquired a 26 per cent share in Global Tech I Offshore Wind GmbH, the company behind the 400 MW Global Tech I offshore wind farm in the German North Sea. GE Ventures has acquired t
Wind energy and green hydrogen cluster WAB has signed a cooperation agreement with Team Norway, represented by Norwegian Energy Partners, to develop offshore wind and green hydrogen and respective supply chains. The cooperation will focus on the 20th WINDFORCE in June 2023 in Bremerhaven, Germany –
New York City Economic Development Corporation (NYCEDC) has awarded a conditional designation as developer to NorthPoint Development with the goal to transform Rossville Municipal Site in Staten Island into an offshore wind port facility for manufacturing and assembling wind turbine components after
Four more applications for environmental investigation licences for offshore wind projects have landed on the desk of Brazil’s Institute for the Environment and Natural Resources (IBAMA), bringing the total to 71 applications and 176.6 GW in proposed capacity. Since many of the project sites overla
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) plans to combine the first four IJmuiden Ver offshore wind sites for the purpose of putting them out to tender together. This means the sites III and IV will be auctioned next year, same as the sites I and II, instead of the initially p
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has published a document which sets out the regulatory bases for the allocation of state grants for the development of marine renewable energy pilot projects and associated infrastructure. Released on Spanish
This article has been updated on 8 December with information on Invenergy’s lease area capacity and the total capacity of the five lease areas according to developers’ announcements. The article has also been amended to clarify that the estimated capacities are for lease areas, which may contain mor
Chemical company Borealis and Eneco have signed a second ten-year power purchase agreement (PPA) to supply renewable electricity for Borealis production operations in Belgium. Eneco, which has an exclusive offtake agreement for the entire output generated at the 487 MW SeaMade offshore wind farm in
The US Bureau of Ocean Energy Management (BOEM) is holding a live auction, starting on 6 December, for the rights to develop floating offshore wind energy projects in five areas off the California Coast. This is the first-ever offshore wind lease sale on the US Pacific coast and the first-ever throu
Ørsted and Danish renewable energy developer Skovgaard Energy have signed a letter of intent to jointly develop a Power-to-X facility in Denmark. The project is planned to be built in several phases, starting with electrolysis powered by onshore renewables and later tapping into offshore wind from t
After a more than a two-year expansion of its wind business in the US, Japan, Spain, and Poland, Ramboll, a global architecture, engineering, and consultancy company, has established a Wind Energy hub in the Netherlands. Ramboll said it will utilise its existing office in Delft but is also contempla
North Star has secured a GBP 140 million (approximately EUR 163 million) financing package to support the next phase of its offshore wind growth plan. “The £140million secured today secures the capital required for us to continue our newbuilding programme in the year ahead, whilst providing us with
