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Business & Finance

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Subsea 7 Buys Into Spanish Floating Wind Specialist
Business & Finance

Subsea 7 Buys Into Spanish Floating Wind Specialist

Subsea engineering, construction and services company Subsea 7 has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in Bilbao, Spain. According to Subsea 7, Nautilus has developed a

about 5 years ago
Beatrice offshore wind farm
Business & Finance

Beatrice Sells Offshore Transmission Assets

Beatrice Offshore Wind Farm Limited has signed an agreement to sell the offshore transmission assets (OFTO) of the 588 MW Beatrice offshore wind farm to Transmission Capital Partners. The sale agreement follows the selection in December 2019 by Ofgem of Transmission Capital Partners, a consortium co

about 5 years ago
Seagreen to Offer Shorter-Term Corporate Power Purchase Agreements
Business & Finance

Seagreen to Offer Shorter-Term Corporate Power Purchase Agreements

The 1.14 GW Seagreen wind farm, soon to be Scotland’s largest offshore wind farm, is launching its offshore corporate purchase power agreement (cPPA) offerings. The Seagreen terms significantly shorten the typical cPPA length, providing buyers with an alternative option to standard longer-term cPPAs

about 5 years ago
Hexicon Completes WaveHub Buy
Business & Finance

Hexicon Completes Wave Hub Buy

Swedish floating wind farm developer Hexicon has completed its acquisition of the Wave Hub renewable energy test site in Cornwall, South West England, paving the way for a GBP 100+ million floating demonstrator project in the Celtic Sea by 2025. The deal, first announced in May, sees Hexicon through

about 5 years ago
A photo of an "beyond XXL" monopile for the Yunlin offshore wind farm
Business & Finance

Five European Offshore Wind Foundation Manufacturers Form Alliance

Bladt Industries, EEW Special Pipe Constructions, Sif Netherlands, Smulders Projects Belgium, and Steelwind Nordenham have formed an Offshore Wind Foundations Alliance (OWFA). The Alliance is already active in Brussels and has started to share its expertise with EU policymakers as part of the Europe

about 5 years ago
A photo of the rotor part of a Siemens Gamesa offshore wind turbine
Business & Finance

Mainstream Renewable Power-Siemens FS Consortium One of ScotWind Bidders

A consortium between Mainstream Renewable Power and Siemens Financial Services (SFS) is one of the bidders in the ScotWind offshore wind leasing round, the companies revealed on 30 July. The bid is supported by Siemens Gamesa Renewable Energy and Siemens Energy, which will work with Mainstream and S

about 5 years ago
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
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