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Business & Finance

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Vestas Targets Zero-Waste Wind Turbines by 2040
Business & Finance

Vestas Targets Zero-Waste Wind Turbines by 2040

Vestas has launched a new circularity roadmap detailing a set of commitments to be implemented across the company’s value chain to accelerate the journey to reach zero-waste turbines by 2040. Through the roadmap, Vestas aims to set a new benchmark for the wind industry within circularity and waste r

about 5 years ago
A photo of a Vattenfall-owned offshore wind farm
Business & Finance

Vattenfall Joins In on Wind Turbine Blade Landfill Ban

Vattenfall has decided to commit to a landfill ban on decommissioned wind turbine blades, effective immediately, and to increase blade recycling rate over the next decade. With this move, the Sweden-headquartered offshore wind major has joined several other developers and OEMs on the now industry-wi

about 5 years ago
Tilted Towers Floating Wind Platform Gets EPO Nod
Business & Finance

Tilted Towers Floating Wind Platform Gets EPO Nod

The European Patent Office (EPO) has confirmed its intention to grant Hexicon a European patent for the company’s floating wind power platform with tilted towers. EPO has also examined a third-party submission, similar to the objection filed against the patent already granted in Sweden, and did not

about 5 years ago
An aerial photo of the Flotta Terminal;
Business & Finance

TotalEnergies & Co’s ScotWind Plan Includes Industrial-Scale Hydrogen Production

A consortium established by Macquarie’s Green Investment Group (GIG), TotalEnergies, and Renewable Infrastructure Development Group (RIDG) is looking into using the electricity that could be produced by its proposed offshore wind project in Scotland to power the production of green hydrogen on an in

about 5 years ago
A photo of a wpd offshore wind farm
Business & Finance

ENEOS Taking Over Japan Renewable Energy

ENEOS Corporation, Japan’s largest oil refiner and distributor, is acquiring Japan Renewable Energy Corporation (JRE), with the acquisition expected to be completed by the end of January 2022. ENEOS will buy the entire issued shares of JRE, a company indirectly owned by the Infrastructure business w

about 5 years ago
A photo of the Inis Offshore Wind management
Business & Finance

New Developer Targets At Least 1 GW of Offshore Wind in Ireland

Inis Offshore Wind, a newly established Irish renewable energy developer, plans to develop at least 1 GW of offshore wind capacity in Ireland by 2030 and has already identified five potential sites where its projects could be built. The sites identified for assessment are located off the East and We

about 5 years ago
Cloudberry and Downing Sign Sale Deal for Swedish Lake Wind Farm
Business & Finance

Cloudberry Ramping Up Its Offshore Wind Game

Cloudberry Clean Energy, a Nordic renewable energy developer and power producer currently working on a shallow-water wind farm in Lake Vänern in southern Sweden, is strengthening its offshore wind business and looking into opportunities for developing further shallow-water as well as “conventional”

about 5 years ago
An image rendering the OO-Star Wind Floater technology
Business & Finance

Consortium Bidding in ScotWind Plans Sharing Project Ownership with Community

The consortium between Falck Renewables, Ørsted, and BlueFloat Energy, which is bidding in the latest ScotWind leasing round, has signed an exclusive Memorandum of Understanding with the community ownership organisation Energy4All to work on opportunities for Scottish communities to own a stake in t

about 5 years ago
Ørsted Taking Part in ScotWind Leasing
Business & Finance

World Bank Drafts Offshore Wind Development Steps for Emerging Markets

The World Bank’s Energy Sector Management Assistance Program (ESMAP) has published a report for emerging offshore wind markets, leading them through key factors that led to the success of offshore wind development in established markets. Holding an unrealised potential of over 16,000 GW of technical

about 5 years ago
Offshore wind turbines in the sunset.
Business & Finance

1.2 GW Floating Wind Project Emerges Offshore Italy

Falck Renewables and BlueFloat Energy have formed an equal partnership to develop floating offshore wind farms off the Italian coast. The new partnership also marks the start of the authorization process for the first project in Puglia, called Kailia Energia, in the waters off Brindisi. Kailia Energ

about 5 years ago
Seaway 7 Emerges as OHT and Subsea 7 Combination Completes
Business & Finance

Seaway 7 Emerges as OHT and Subsea 7 Combination Completes

Subsea 7 has officially completed the transaction to combine its fixed foundation offshore wind business unit with Norway’s OHT ASA into a pure-play renewables company. Effective from the closing of the transaction, the combined company is renamed Seaway 7. Subsea 7’s wholly-owned indirect subsidiar

about 5 years ago
Japanese-ink-MoU-for-joint-ops-of-cable-laying-vessels
Business & Finance

Japanese Ink MoU for Joint Ops of Cable-Laying Vessels

Kokusai Cable Ship (KCS) and Mitsui O.S.K. Lines (MOL) have signed a Memorandum of Understanding (MoU) for collaborative operations of cable-laying vessels for the offshore wind market. The two Japanese companies plan to jointly research commercial opportunities in new subsea cable-laying demand, ma

about 5 years ago
Breaking: Germany Opening Offshore Areas for Green Hydrogen Production
Business & Finance

Breaking: Germany Opening Offshore Areas for Green Hydrogen Production

Germany plans to auction off sites in its North Sea Exclusive Economic Zone (EEZ) for the purpose of producing green hydrogen offshore, with auctions expected to start as early as 2022. The Ordinance on Auctioning Sites for Alternative Energy Generation in the German Exclusive Economic Zone entered

about 5 years ago
GIG Buys Swedish Offshore Wind Project
Business & Finance

GIG Buys Swedish Offshore Wind Project

Macquarie’s Green Investment Group (GIG) has acquired the rights for the Kattegatt wind farm project offshore Sweden from Agrivind AB. Situated off the coast of the Falkenberg municipality, the development stage project is anticipated to have an installed capacity of up to 260 MW. Once operational,

about 5 years ago
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