Business & Finance
Ørsted Appoints Pinsent Masons to German Advisory Panel
International law firm Pinsent Masons has been appointed to the new German advisory panel of Danish offshore wind farm owner and developer Ørsted.
NordLink Secures More EIB Funding
The European Investment Bank (EIB) has purchased EUR 100 million of TenneT’s hybrid bond to support the construction of the NordLink interconnector between Germany and Norway.
Offshore Wind Consultants Opens Taiwan Branch
The UK-based Offshore Wind Consultants (OWC) has opened a new office in Taipei, Taiwan, to support the local offshore wind sector.
MHI Vestas Secures Conditional Turbine Supply Deal
MHI Vestas Offshore Wind has signed a conditional agreement for the supply of turbines to an undisclosed offshore wind project.
UK Offshore Wind Farm Attracts Japanese Power Houses
German energy company Innogy has agreed to sell a 41% stake in its 860MW Triton Knoll offshore wind farm in the UK to Japan’s J-Power (25%) and Kansai Electric Power (16%).
Bad Weather Hits Innogy’s Economics
Innogy reported an adjusted EBIT of EUR 1,553 million in the first half of 2018, 10% less than in the same period last year, said to be influenced by the negative weather effects on the Renewables division.
COFS Lands Grant for Offshore Wind Foundation Design
The Centre for Offshore Foundation Systems (COFS) at the University of Western Australia has received Federal Government funding for a research project focused on offshore wind foundations.
Siemens Gamesa and Ørsted Ink First US Offshore Wind Turbine Deal
Ørsted and Siemens Gamesa have signed a subcontract to supply wind turbines for the Coastal Virginia Offshore Wind project founded by Dominion Energy.
Northland Power Rises on Nordsee One Wings
Northland Power reported CAD 192.6 million in offshore wind sales in the second quarter of 2018, a CAD 31.9 million increase compared to the same period last year, mostly due to all turbines at the 332MW Nordsee One project producing power.
Rhode Island Governor Shares Offshore Wind Vision
Rhode Island’s Governor Gina Raimondo has announced her Vision for Rhode Island’s Clean Energy Future – a second-term plan to position this US East Coast state as the epicentre of North America’s nascent offshore wind economy.
Ørsted Finds Land Legs
Ørsted has entered into an agreement with global infrastructure investment manager I Squared Capital and management shareholders to acquire a 100% equity interest in Lincoln Clean Energy LLC (LCE), a US-based developer, owner and operator of onshore wind farms.
Ørsted Stays on Upward Path
Ørsted reported DKK 1.8 billion (EUR 241.5 million) profit from offshore wind farms in the second quarter of 2018, an 8% jump compared to the same period last year.
LM Wind Power Finalizes WMC Buy
LM Wind Power, a GE Renewable Energy business, has completed the acquisition of the WMC wind turbine blade test center in Wieringerwerf, the Netherlands.
Vineyard Wind All About That Base
Vineyard Wind officials have visited the site of the former Brayton Point coal-fired power plant as part of efforts to explore its potential role in the construction of the company’s 800MW offshore wind farm in Massachusetts, US.