Renewable energy arm of a major Chinese project developer has revealed its decision to invest more than EUR 5.7 billion in new offshore wind farms on which construction will start as soon as this month. The projects will bring a total of 3 GW of new offshore wind capacity to the country that is leap
Siemens Gamesa and Dominion Energy Virginia have reached an agreement for delivery of offshore wind turbines and ten years of service for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) commercial project, for which Dominion is planning to use 176 units of the currently world’s largest offshore win
Finnish state-owned enterprise Metsähallitus is releasing preliminary market information and launching its partner selection process for the planned 1.3 GW Korsnäs offshore wind power project. Metsähallitus said it is looking for a responsible and experienced partner to accelerate the development, c
Chinese wind turbine manufacturer MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with the UK Department for International Trade (DIT), under which the two parties will cooperate on bringing MingYang’s investment plans for the UK’s offshore wind sector to realisation. The agreem
Ocean Winds and Aker Offshore Wind have announced a GBP 235 million (approximately EUR 276 million) early investment package for every successful bid in the ScotWind leasing round to support the supply chain capabilities and the ‘just transition’ from fossil fuel industries. The financial package is
The following is a guest column by Kirsty Curry, Senior Consultant at K2 Management. The RenewableUK Global Offshore Wind (GOW) event in London, organised by RenewableUK in September, heralded the return of in-person events for the industry, and for the first time in over 18 months, the halls were b
Lex de Groot, Managing Director of Neptune Energy in the Netherlands, is a guest in the new episode of the Navingo Career Podcast. For a fossil energy company, Lex de Groot is by no means a ‘fossil’ leader. Its business operations are modern and sustainable. De Groot talks about the ‘Speaking Up Cul
Offshore wind will grow from a small base to account for 50 per cent of ocean capital expenditure (capex) in 2050, according to DNV’s Ocean’s Future to 2050 report. Currently, 80 per cent of capex in the Blue Economy is invested in the offshore oil and gas sector, but by 2050 that number will have [
DEME Offshore has won the engineering, procurement, construction and installation (EPCI) contract for the inter-array cables at the Dogger Bank C offshore wind farm in the UK.
RWE has announced a new Scottish Supplier Directory for businesses interested in providing goods and services to the company’s own pipeline of projects, as well as the wider industry. Scotland-based suppliers are invited to register their details via the portal while, in turn, companies looking to t
Italian integrated energy company Eni and Copenhagen Infrastructure Partners (CIP) have extended their offshore wind partnership in France by signing an agreement to collaborate also in connection with the anticipated allocation of offshore wind areas in Poland. By implementing the offshore wind act
Vattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord, adding 344 MW of electricity capacity to the Danish energy system towards 2023. With the final investment decision at a value of EUR 769 million, Vattenfall and its suppliers will initiate the last stage of the
The biggest ever round of the UK government’s renewable energy support scheme opened on Monday, 13 December, with GBP 200 million a year allocated for fixed-bottom and GBP 24 million for floating offshore wind projects. Renewable energy projects across Great Britain can now bid for funding in the fo
Spain’s Council of Ministers, at the proposal of the Ministry for the Ecological Transition and the Demographic Challenge, has approved the Roadmap for the Development of Offshore Wind and Marine Energy. The Roadmap contains 20 lines of action with the aim of reaching between 1 GW and 3 GW of floati
