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Business & Finance

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SSE Renewables and Acciona Forge Iberian Offshore Wind Alliance
Business & Finance

SSE Renewables and Acciona Forge Iberian Offshore Wind Alliance

Scotland’s SSE Renewables and Spain’s Acciona S.A. have signed an exclusivity agreement regarding the formation of a 50/50 joint venture to enter the emerging Spanish and Portuguese offshore wind markets. SSE Renewables and Acciona will create a JV with expertise throughout the development, construc

about 5 years ago
Offshore Wind to Power Europe’s Largest Power-to-X Plant
Business & Finance

Offshore Wind to Power Europe’s Largest Power-to-X Plant

Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the plant will be Europe’s largest production facility of CO2-free green ammonia, CIP s

about 5 years ago
Blue Gem Submits Scoping Report for Second Celtic Sea Floater
Business & Finance

Blue Gem Submits Scoping Report for Second Celtic Sea Floater

Blue Gem Wind, the joint venture of Total and Simply Blue Energy, has submitted the scoping report for the Valorous floating offshore wind project in the Celtic Sea. The proposed Valorous site is located approximately 50 km South West of the Pembrokeshire coastline. Valorous represents the second fl

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

UK to Fund Offshore Wind Manufacturing in Disadvantaged Regions

The UK Department for Business, Energy and Industrial Strategy (BEIS) has launched an Offshore Wind Investment Programme to support the delivery of manufacturing investment in the offshore wind supply chain in disadvantaged or deprived regions in the UK. UK-registered businesses can apply until 11:5

about 5 years ago
France's Calvados Offshore Wind Farm Enters Construction Phase
Business & Finance

France’s Calvados Offshore Wind Farm Enters Construction Phase

Construction activity has started on the 448 MW Calvados offshore wind farm in France. The start of the construction phase follows the finalisation of financing agreements between the Eoliennes Offshore du Calvados (EODC) consortium of EDF Renewables, Enbridge, and wpd, and its financial partners. T

about 5 years ago
An offshore wind farm with a wind turbine up close
Business & Finance

RenewableUK: Projects Like Norfolk Vanguard Needed to Reach UK’s Offshore Wind Target

Commenting on the UK’s High Court ruling on the Norfolk Vanguard offshore wind project, RenewableUK’s Deputy Chief Executive Melanie Onn said that such projects need to go ahead as swiftly as possible in order for the UK to achieve its goal of having 40 GW of offshore wind by 2030. New offshore wind

about 5 years ago
An East Point Geo team mobilising for an offshore project
Business & Finance

AqualisBraemar LOC Continues Acquisition Spree, Buys East Point Geo

AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said

about 5 years ago
Atlantic Shores Offshore Wind Inks MoU with New Jersey Unions
Business & Finance

Atlantic Shores Offshore Wind Inks MoU with New Jersey Unions

Atlantic Shores Offshore Wind has signed a Memorandum of Understanding (MoU) with six unions operating in New Jersey to help develop and employ the local offshore wind workforce. The agreement outlines how the parties will work together to create training and apprenticeship programs for New Jersey w

about 5 years ago
UK Export Finance Backs Greater Changhua 1 with GBP 200 Million
Business & Finance

UK Export Finance Backs Greater Changhua 1 with GBP 200 Million

UK Export Finance (UKEF) is providing a GBP 200 million buyer credit guarantee to help finance the Greater Changhua 1 offshore wind farm in Taiwan. UK companies Seajacks and Trelleborg have already capitalized on UKEF’s support by winning export contracts with project developer Ørsted. Seajacks will

about 5 years ago
Steel components for Saint-Brieuc jackets at a Navatia-Windar site
Business & Finance

Navantia-Windar JV Receives First ‘Made in France’ Jacket Components for Saint-Brieuc OWF

The Navantia-Windar joint venture has received its first jacket foundation components for the Saint-Brieuc offshore wind farm manufactured in the Brest polder, France. Navantia-Windar established the manufacturing hub in the Brest polder in 2019, subcontracting multiple local companies for its first

about 5 years ago
Blue Gem Sets Up Met Mast to Assess Celtic Sea Floating Wind Potential
Business & Finance

Blue Gem Sets Up Met Mast to Assess Celtic Sea Floating Wind Potential

Blue Gem Wind has received planning consent from the Pembrokeshire Coast National Park Authority to install a temporary met mast to study the floating offshore wind potential in the Celtic Sea. The 120-meter met mast and onshore monitoring equipment is provided by local supplier Solar Wheel. Due to

about 5 years ago
An image of Ideol's floating wind technology
Business & Finance

BW Offshore Buys Into Ideol

The oil & gas services provider BW Offshore has signed a share purchase agreement to become a strategic owner of the floating wind technology developer Ideol. The deal will see BW Offshore obtaining a 50 per cent stake by investing EUR 60 million and the establishment of BW Ideol, a global integrate

about 5 years ago
Poland Floats Offshore Wind Electricity Price Cap
Business & Finance

Poland Floats Offshore Wind Electricity Price Cap

Poland plans to cap the maximum price of electricity produced at offshore wind farms selected in this year’s Contracts for Difference (CfD) rounds at PLN 301.5/MWh (around EUR 67.08/MWh). The price cap was introduced in a draft regulation submitted by Poland’s Ministry of Climate and Environment. Th

about 5 years ago
GBM Works to Build Prototype for Silent Monopile Installation
Business & Finance

GBM Works to Build Prototype for Silent Monopile Installation

GBM Works has received a EUR 1.8 million grant from RVO.nl to construct a prototype of its monopile installation technology that is said to minimize noise pollution. The TU Delft spin-off is developing a method which uses a waterjet to liquefy the soil on the inside of the tube, which, in combinatio

about 5 years ago
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