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Business & Finance

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TRIG to Increase Stake in 1.2 GW Hornsea One
Business & Finance

TRIG to Increase Stake in 1.2 GW Hornsea One

The Renewable Infrastructure Group (TRIG) has exchanged contracts to acquire a further 2.4 per cent equity interest in the 1.2 GW Hornsea One offshore wind farm from Global Infrastructure Partners (GIP). Upon completion of this incremental investment, TRIG will hold a 10.2 per cent interest in Horns

about 4 years ago
EMEC and West of Orkney Partner on New Offshore Wind R&I Programme
Business & Finance

EMEC and West of Orkney Partner on New Offshore Wind R&I Programme

The European Marine Energy Centre (EMEC) has started a new research and innovation (R&I) programme in partnership with the West of Orkney wind farm offshore Scotland. The new R&I project will examine how to increase the competitiveness of the offshore wind farm and enhance the R&I capacity in the no

about 4 years ago
UK-offshore-wind-pioneer-buys-US-marine-environmental-consultancy
Business & Finance

UK Offshore Wind Pioneer Buys US Marine Environmental Consultancy

UK offshore wind pioneer Venterra Group has entered the US market with the acquisition of INSPIRE Environmental, a Rhode Island-based marine environmental consultancy. Founded in 2015, INSPIRE collects, interprets and visualizes seafloor data for clients in the offshore wind, ports and marine constr

about 4 years ago
GeelongPort
Business & Finance

Australian Port Making Room for Offshore Wind

GeelongPort, located in Corio Bay, Victoria, Australia, has unveiled plans to develop up to 25 hectares of land for a wind farm hub to support Victoria’s renewables industry. Located at Oyster Cove near GeelongPort’s Lascelles Wharf, the precinct will provide facilities for the berthing, laydown, an

about 4 years ago
Mingyang Starts Trading on London Stock Exchange
Business & Finance

Mingyang Starts Trading on London Stock Exchange

At 8:00 GMT on 13 July, Mingyang Smart Energy started trading on the London Stock Exchange (LSE). The company was admitted to trading on the Shanghai segment of the LSE through an offering of the Global Depositary Receipts (GDRs), with the proceeds from the offering to be used to expand Mingyang’s o

about 4 years ago
Copenhagen Infrastructure Partners and Tokyu Land Corporation Form Offshore Wind Partnership in Japan
Business & Finance

Copenhagen Infrastructure Partners and Tokyu Land Corporation Form Offshore Wind Partnership in Japan

Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV K/S (CI IV), and the Japanese real estate developer, Tokyu Land Corporation (TLC), have formed a joint partnership to develop the Aomori South offshore wind project located in northern Japan. TLC and CI IV h

about 4 years ago
Geophysical Studies Wanted for French Offshore Wind Cable Routes
Business & Finance

Geophysical Studies Wanted for French Offshore Wind Cable Routes

France’s transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has issued a tender seeking a contractor to carry out offshore geophysical studies on submarine cable routes of offshore wind farms. RTE is looking to conduct geophysical surveys along the submarine cables, approxima

about 4 years ago
Olympic Orders Two CSOVs from Ulstein, Signs Options for Two More
Business & Finance

Olympic Orders Two CSOVs from Ulstein, Signs Options for Two More

Norway-based Olympic has signed firm contracts with Ulstein Verft for two Construction Service Operation Vessels (CSOVs) and options for two additional CSOVs, all of which are based on the SX222 design with TWIN-X Stern from Ulstein Design & Solutions. The vessels have hybrid battery propulsion and

about 4 years ago
The prototype Haliade-X wind turbine installed in the Port of Rotterdam
Business & Finance

General Electric Signs Rare Earths Agreement with Arafura

GE Renewable Energy has signed a non-binding memorandum of understanding (MoU) with the Australian mineral exploration company, Arafura Resources Limited, to jointly co-operate in the establishment of a sustainable supply chain for Neodymium and Praseodymium (NdPr) rare earths. The parties will nego

about 4 years ago
Spanish Developer Plans Another Floating Wind Farm in Italy
Business & Finance

Spanish Developer Plans Another Floating Wind Farm in Italy

The western coast of Sardinia could see a floating wind farm of a little less than 500 MW being built by a Spain-based renewable energy developer, which is so far known to have submitted at least two applications for floating offshore wind projects in Italy. This is an excerpt from a Premium article

about 4 years ago
Aker Offshore Wind and Mainstream Combine Offshore Businesses
Business & Finance

Aker Offshore Wind and Mainstream Combine Offshore Businesses

Mainstream Renewable Power (Mainstream) and Aker Offshore Wind (AOW), a wholly-owned subsidiary of Aker Horizons, have agreed to combine into a new company with a 27 GW portfolio of renewable energy projects across the solar, onshore, and bottom-fixed and floating offshore wind. As part of the trans

about 4 years ago
Siemens Gamesa 14 MW Turbine
Business & Finance

Taiwanese Offshore Wind Project Secures 20-Year Corporate Power Purchase Agreement

Canada’s Northland Power has announced the signing of a Corporate Power Purchase Agreement (CPPA) with an unnamed client for production from its Hai Long offshore wind project in Taiwan secured under auction. The agreement is with an investment grade counterparty (S&P: AA-) and covers 100 per cent o

about 4 years ago
Finnish Company Taps Into Offshore Wind with New German Subsidiary
Business & Finance

Finnish Company Taps Into Offshore Wind with New German Subsidiary

Finland-based Elomatic Oy has established a design and consulting subsidiary in Wismar, Germany, called Elomatic Maritime Technologies, that will focus on ship design and offshore wind structures. According to the parent company, Elomatic Maritime Technologies will draw on the city of Wismar’s renow

about 4 years ago
A photo of the Veja Mate offshore wind farm
Business & Finance

Siemens Financial Services Sells Its Stake in Veja Mate Offshore Wind Farm

about 4 years ago
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