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Business & Finance

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Thanet-Extension-DCO-Application-Rejected
Business & Finance

Shell Buys Electricity from Thanet Offshore Wind Farm in UK

Vattenfall has entered into a power purchase agreement (PPA) with Shell in the UK, where the oil and gas major will be using some of the electricity produced by the Thanet offshore wind farm. The companies have signed a five-year agreement for the delivery of 300,000 MWh of electricity from Thanet,

about 4 years ago
First foundation installed at Dogger Bank Wind Farm
Business & Finance

Vårgrønn Acquires Eni’s Stake in World’s Largest Offshore Wind Farm

Vårgrønn, a joint venture between Eni’s energy transition business Plenitude and the Norwegian energy investor HitecVision, has completed the acquisition of Plenitude’s stake in the three phases of the 3.6 GW Dogger Bank Wind Farm in the UK. As reported in June, Vårgrønn signed an agreement with Ple

about 4 years ago
A bp facility with the company's logo
Business & Finance

BP to Form Global Floating Wind Team

The original article published on 14 October has been updated following the news that BP has qualified as an eligible bidder for the first offshore wind lease sale in California. BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind,

about 4 years ago
Refined Areas of Search
Business & Finance

Crown Estate Updates Celtic Sea Lease Areas

The Crown Estate has refined the “Areas of Search” for the development of floating offshore wind in the Celtic Sea, as part of the work toward holding a seabed leasing round for 4 GW of floating wind next year. Following the announcement in July of five broad “Areas of Search”, the Crown Estate has

about 4 years ago
SSE Renewables' offshore wind farm
Business & Finance

BREAKING: SSE, Equinor Plan 1.3 GW Dogger Bank D Offshore Wind Project

SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogge

about 4 years ago
RWE MPS PelaFlex
Business & Finance

RWE to Gauge Welsh Supply Chain Capabilities for 1 GW of Floating Wind

RWE has signed a contract with UK-based Marine Power Systems (MPS) to explore the feasibility of deploying up to 1 GW of floating wind in the Celtic Sea, using local ports and supply chain. The company has commissioned MPS to develop a project plan for delivering up to 1 GW of floating wind using th

about 4 years ago
Lord Callanan on Streamlining UK Offshore Wind Permitting: There Is No One Silver Bullet to Solve the Problem
Business & Finance

Lord Callanan on Streamlining UK Offshore Wind Permitting: There Is No One Silver Bullet to Solve the Problem

The UK is keen on speeding up the buildout of offshore wind farms in its territorial waters, a goal that was more firmly set in the new Growth Plan that contains a list of offshore wind projects to be accelerated. However, to do so, the country needs to take on the difficult task of tackling [&helli

about 4 years ago
Aker and Strathclyde Uni Kick Off Turbine Blade Recycling Project
Business & Finance

Aker Solutions and Balfour Beatty Enter Offshore Wind Partnership in UK

Norway-headquartered Aker Solutions and the construction company Balfour Beatty have signed a Memorandum of Understanding (MoU) to deliver end-to-end design and construction services to the UK offshore wind industry. Under the MoU, the partners will focus on concrete floating and gravity-based offsh

about 4 years ago
Dudgeon offshore wind farm
Business & Finance

Planning Inspectorate Accepts Equinor’s UK Offshore Wind Farm Extensions Application

The UK Planning Inspectorate has accepted for examination the application submitted by Equinor on behalf of its partners to develop the Sheringham Shoal and the Dudgeon offshore wind farm extensions situated off the North Norfolk coast. After the application for a Development Consent Order (DCO) was

about 4 years ago
An aerial photo of a wind turbine at Hornsea Two
Business & Finance

Ørsted Completes 50 Pct Divestment of World’s Largest Operational Offshore Wind Farm

Ørsted has completed the divestment of 50 per cent of its 1.3 GW Hornsea Two project, the world’s largest offshore wind farm in operation. The developer sold half of the project to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Ørsted announced the

about 4 years ago
4.1 GW Scottish Offshore Wind Site Soon to Buzz with Activity
Business & Finance

4.1 GW Scottish Offshore Wind Site Soon to Buzz with Activity

SSE Renewables is set to soon return to the 4.1 GW Berwick Bank Wind Farm located off the east coast of Scotland to commence further geotechnical survey work. Fugro is in charge of carrying out the work and will use the 83-metre long Fugro Scout. The survey is planned to mobilize between 7 and 10 [&

about 4 years ago
World's Largest Offshore Wind Farm First to Use Low-Carbon Copper for HVDC Cables
Business & Finance

World’s Largest Offshore Wind Farm First to Use Low-Carbon Copper for HVDC Cables

NKT is set to produce the HVDC power cables for the Dogger Bank C offshore wind project using low-carbon copper, representing the world’s first. The initiative is expected to reduce the carbon footprint of the cables by more than 35 per cent. The low-carbon copper cathodes are sourced from the Bolid

about 4 years ago
Thor Wind Turbine
Business & Finance

Octopus Renewables Buys Further Stake in Lincs Offshore Wind Farm

Octopus Renewables Infrastructure Trust (ORIT) has acquired a further 7.75 per cent ownership interest in the Lincs offshore wind farm in the UK from a fund managed by Macquarie Asset Management. The new buy-in follows ORIT’s investment from May of this year, when the investment company bought an in

about 4 years ago
Ørsted’s UK Offshore Wind Operations Workers to Go on Strike Over Rates of Pay
Business & Finance

Ørsted’s UK Offshore Wind Operations Workers to Go on Strike Over Rates of Pay

The National Union of Rail, Maritime and Transport (RMT) Workers has called on all RMT Ørsted members to take strike action this month over rates of pay and conditions of service. The members who will go on strike are working in Ørsted’s offshore wind operations team. The trade union has instructed

about 4 years ago
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