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Business & Finance

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A photo of the first MySE 11-99A1 blade for the MySE 11MM-203 wind turbine rolled off the production line at the Guangdong Shanwei offshore blade production facility.
Business & Finance

MingYang Rolls Out First 99-Metre Blade for Its 11 MW Offshore Wind Turbine

MingYang Smart Energy has produced the first 99-metre blade for its MySE 11MW-203 wind turbine at the Guangdong Shanwei offshore blade production facility in China. The company said its independently developed MySE 11-99A1 blade was designed for high-wind IEC IB sites and typhoon-class conditions, w

about 5 years ago
A photo of the inside of the ASM Offshore facility in the Port of Aveiro in Portugal
Business & Finance

CS Wind Buying Majority Stake in ASM Industries

South Korea-headquartered wind turbine tower supplier CS Wind is buying a 60 per cent stake in the Portuguese tower and foundation manufacturer ASM Industries, according to information on Korea Exchange. The acquisition, valued at EUR 46.5 million, is aimed at strengthening CS Wind’s foothold in the

about 5 years ago
A photo of Parkwind's Northwester 2offshore wind farm in Belgium
Business & Finance

Vattenfall to Take Care of Power Offtake for Parkwind’s First Offshore Wind Farm in Germany

Vattenfall and Parkwind have entered into a cooperation agreement under which Vattenfall will be a ‘direct marketer’ of the Arcadis Ost 1 offshore wind farm, meaning the company will take on selling the electricity generated by the wind farm through Power Purchase Agreement(s) (PPAs). According to V

about 5 years ago
CS Wind UK tower manufacturing facility
Business & Finance

CS Wind Receives Large Offshore Wind Turbine Tower Order in Taiwan

South Korean wind turbine tower manufacturer CS Wind has received an order worth tens of millions of Euros in Taiwan, which the company will deliver through its Taiwanese subsidiary. This is an excerpt from a Premium article published on our sister site Offshore Energy. You can read the original art

about 5 years ago
A photo of SSE's Beatrice offshore wind farm in Scotland
Business & Finance

SSE and Acciona Setting Up Joint Venture to Tap Into Polish Offshore Wind Market

SSE Renewables and Acciona Energía have signed a Memorandum of Understanding (MoU) to establish a 50/50 joint venture to explore offshore wind opportunities in the Polish energy market. The two companies, which are already cooperating under the same agreement in Spain and Portugal, are aiming to dev

about 5 years ago
A photo of an offshore wind farm with a crew transfer vessel at the site
Business & Finance

Philippines’ Government Consulting Industry on Offshore Wind Development

The Philippines’ Department of Energy (DOE) aims to collaborate with the Carbon Trust and the Global Wind Energy Council (GWEC) to unlock the country’s offshore wind potential. The DOE held a virtual workshop on 21 July to determine how the Philippine government and the wind industry could jointly w

about 5 years ago
Kincardine floating wind farm
Business & Finance

Spanish-UK Joint Venture Announces 2.5 GW Offshore Wind Plan for Ireland

A joint venture between Cobra Instalaciones y Servicios and Flotation Energy has revealed its plan to apply for development consent to build offshore wind farms in Ireland, once the country’s new legislative framework is in place. Offshore Wind Ltd (OWL) plans to build one wind farm, called Greyston

about 5 years ago
The Rentel offshore wind farm in Belgium
Business & Finance

TotalEnergies Signs Offshore Wind CPPA with Air Liquide

TotalEnergies, through its Belgian subsidiary Lampiris, has signed a Corporate Power Purchase Agreement (CPPA) with Air Liquide for the supply of electricity produced by an offshore wind farm in Belgium. Under the agreement, TotalEnergies will supply the French industrial gases company with 50 GWh o

about 5 years ago
WindFloat Atlantic Fully Up and Running
Business & Finance

Ocean Winds, DISA Group Unveil Joint Floating Wind Plans for Canary Islands

Ocean Winds (OW) and Canary Islands’ renewable energy company DISA Group have partnered to jointly develop floating wind projects in the Spanish archipelago. “In the Canary Islands, the depth of the waters away from the coast makes it necessary to use floating wind technology, a technology in which

about 5 years ago
A bp facility with the company's logo
Business & Finance

Quaybridge to Help BP Advance Its Global Offshore Wind Portfolio

BP has formed an exclusive consultancy agreement with Quaybridge, under which the two companies will work together to advance BP’s global offshore wind portfolio and accelerate the building of the company’s in-house offshore wind knowledge. Quaybridge has already worked with BP as the company suppor

about 5 years ago
A photo of the SG 11.0-200 DD turbine from Siemens Gamesa
Business & Finance

Siemens Gamesa Targets Fully Recyclable Wind Turbines by 2040

Siemens Gamesa has announced commitment to make its wind turbines fully recyclable by 2040, with blades fully recyclable by 2030, as well as an ambition to have net-zero emissions ten years earlier (in 2040), including emissions from its supply chain. The company has set out its net-zero goals in it

about 5 years ago
An image showing ESB and Equinor's planned floating wind project in Ireland
Business & Finance

Irish Utility Proposing to Build Two Floating Wind Farms in Scotland

Irish utility and renewable energy developer ESB has submitted applications for two floating projects, each with an installed capacity of up to 1 GW, in the ScotWind seabed leasing process in Scotland. The company has chosen two sites that are suitable for floating wind technology, which will also c

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

JFE to Build Japan’s First Factory Solely Dedicated to Offshore Wind Foundations

JFE Engineering Corporation has decided to invest JPY 40 billion (approx. EUR 309 million) in building a monopile foundation manufacturing facility, for which the company says will be the country’s first factory dedicated to monopile fabrication. The monopile factory will be constructed on the premi

about 5 years ago
Turbine towed to Hywind Scotland, the first floating wind farm in the UK
Business & Finance

Equinor Sets Up French Floating Wind Company Together with RES and Green Giraffe

Equinor, RES, and Green Giraffe have established a joint company named Océole, one of whose first missions will be to evaluate and work towards submitting bids in the country’s upcoming floating wind tenders. “Together with RES and Green Giraffe, we are ready to contribute long term to the country’

about 5 years ago
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