Shizen Energy and Swancor Renewable Energy have entered into an agreement to jointly develop offshore wind farms in Japan’s Kyushu region. According to Swancor, the developer of Taiwan’s first offshore wind farm, Formosa 1, Japan’s waters are similar to Taiwan’s in terms of geological and weather co
INPEX Corporation has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. (DGE-NL), a Dutch-registered, wholly-owned second generation subsidiary of Mitsubishi Corporation, and acquire a 50 per cent stake in the Luchterduinen offshore wind farm and a 15 per cent stake in t
France-based green hydrogen technology developer Lhyfe and engineering company DORIS have signed a Memorandum of Understanding (MoU) on working together on offshore hydrogen production projects, with a plan to launch the first floating wind turbine for integration with a hydrogen production system.
Danish wind turbine manufacturer Vestas has confirmed that the data stolen in the recent cyber security incident has been leaked by the attackers and potentially offered to third parties. Vestas also said that it has reasons to believe that the leaked data mostly relate to Vestas’ internal matters.
The New Jersey Economic Development Authority (NJEDA) has opened an application period for the Offshore Wind Tax Credit Program which, with an overall budget of up to USD 350 million, provides tax credits to businesses working in the offshore wind industry that will be employing at least 150 new, fu
Allianz Capital Partners, on behalf of Allianz Insurance Companies, has signed an agreement to purchase a 25.2 per cent stake in the 1.5 GW Hollandse Kust Zuid wind farm offshore the Netherlands from the chemicals producer BASF. This is the first offshore wind and first equity renewables investment
RWE and Asia Cement Corporation (ACC), which are jointly developing the 448 MW Chu Feng offshore wind project, are set to expand their strategic partnership to include further projects off the west coast of Taiwan. The partners will be investigating several new projects in the waters offshore Hsinch
Japan’s Mitsui O.S.K. Lines, Ltd. (MOL), one of the largest ocean shipping companies in the world, and Scotland’s Flotation Energy plc. have agreed to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2 GW portfolio of offshore floating wind projects in J
Global Energy Group (GEG) and Haizea Wind Group have signed an agreement to build an offshore wind tubular rolling facility at the Scottish Port of Nigg, called Nigg Offshore Wind (NOW) and worth more than GBP 110 million (approximately EUR 130 million). Construction works on the new facility, which
SSE Renewables and Equinor have reached financial close on Dogger Bank Wind Farm C, the third phase of what will be the world’s largest offshore wind farm when complete in March 2026. SSE Renewables and Equinor are already constructing the first two phases of the 3.6 GW Dogger Bank Wind Farm with En
EDF Renewables has partnered with the Norwegian Independent Power Producer (IPP) Deep Wind Offshore to bid in the offshore wind auction in Norway, where the new 50/50 joint venture will submit applications for the development of two commercial-scale projects in the tendered areas, Utsira Nord and Sø
The European Commission has approved, under EU State aid rules, the prolongation of an existing scheme to support electricity production from renewable sources in Poland. The measure was initially approved in 2017 with a budget of approximately EUR 9.4 billion (PLN 40 billion), and was set to expire
Ørsted has taken the final investment decision (FID) on the 242 MW Gode Wind 3 and the 900 MW Borkum Riffgrund 3 offshore wind farms in the German North Sea. Gode Wind 3 and Borkum Riffgrund 3 are expected to be commissioned in 2024 and 2025, respectively. Jörg Kubitza, Managing Director for Ørsted
BW Ideol has signed an agreement to acquire a 5 per cent ownership in the 30 MW EolMed floating wind pilot project offshore France’s Mediterranean coast. The project is progressing towards final investment decision (FID) with an expected start of construction in early 2022, BW Ideol said. The floati
