The UK Government has awarded Contracts for Difference (CfDs) to five offshore wind projects at a strike price of GBP 37.35/MWh each. One of the five offshore projects, which have a total generation capacity of 7 GW, is Ørsted’s Hornsea Three, for which the developer says is the world’s single bigge
Danish wind turbine manufacturer Vestas has signed a EUR 475 million (approximately USD 483 million) green loan with the European Investment Bank (EIB) to support its research, development, and innovation (RDI) activities through 2025. “As the need to accelerate the green energy transition has never
Two companies have submitted applications to the Italian Ministry of Infrastructure and Transport for maritime concessions to build floating wind farms in the Tyrrhenian Sea, offshore Sardinia, with one of the projects proposed to have an installed capacity of more than 3 GW. This is an excerpt from
Shell Nederland and Shell Overseas Investments, both subsidiaries of Shell, have taken the Final Investment Decision (FID) to build Holland Hydrogen I, which is said to be Europe’s largest renewable hydrogen plant once operational in 2025. The 200 MW Holland Hydrogen I electrolysis plant will be con
TotalEnergies, the France-headquartered oil & gas and energy major, has multi-gigawatt offshore wind plans in Denmark. There, the company is eyeing the development of a minimum of 1.3 GW and a maximum of some 5.8 GW of offshore wind through two projects. This is an excerpt from a Premium article pub
RWE and Hellenic Petroleum Holdings, through their subsidiaries RWE Renewables and HELPE Renewables, have teamed up to explore offshore wind opportunities in Greek waters. Through the 50:50 partnership, the companies aim to collaborate on the development, construction, and operation of offshore wind
Corio Generation is partnering with Morwind, a company based in South-west England, to compete for floating offshore wind rights in the UK’s Celtic Sea. The partnership announcement between Corio and Morwind comes as the UK Government is looking to offshore wind as a major source of secure and affor
Floating Energy Allyance (FEA), a consortium comprising BW Ideol, Elicio, and BayWa r.e., has selected Natural Power to lead the Environmental Impact Assessment (EIA) for the Buchan floating wind project offshore Scotland. At the beginning of this year, FEA secured the rights, through Crown Estate S
The Danish Energy Agency and Energinet have invited potential tenderers and relevant industry associations to participate in a market dialogue concerning the upcoming procurements related to the Bornholm Energy Island offshore wind farm and other future wind farms. Denmark is currently in the proces
Dutch-German transmission system operator (TSO) TenneT has launched a qualification system for the delivery of 2 GW High Voltage Direct Current (HVDC) offshore platforms and HVDC converter systems. The scope of this qualifications system covers the Category Converter, and/or the Category Platform, T
US-based Keystone Engineering Inc. and the German civil engineering company Jörss-Blunck-Ordemann GmbH (JBO) have entered into a strategic partnership to jointly provide offshore wind farm designs that are tailor-made to the growing US offshore wind market. The parties said that, as the US offshore
WPD offshore Australia Holding GmbH (wpd), part of wpd group, and Australis Energy Ltd have entered into a 50:50 joint venture for three offshore wind energy projects off the coast of Australia. The development of the three projects, located in the coastal waters of the states of Victoria, South Aus
A European electricity company has invited component manufacturers and services providers to engage in a preliminary market consultation to determine the current market capabilities within the offshore wind industry before the start of the potential procurement process. This is an excerpt from a Pre
Japanese utility JERA and Corio Generation, the new specialist offshore wind business of Macquarie’s Green Investment Group (GIG), announced on 30 June that they were ready to bid for the third phase of Taiwan’s offshore wind zonal development with their Formosa 3 project. JERA and Corio (GIG at the
