Business & Finance
UK Charts Decade-Long Offshore Wind Path
The UK government has committed to opening the Contracts for Difference auctions for offshore wind every two years from 2019 throughout the 2020s.
US: DOE Makes USD 6 Million Available for Advanced Wind R&D
U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) has announced a funding opportunity for advanced research and development (R&D) to reduce wind energy costs and environmental impacts.
Belgians Bundle Offshore Wind Projects
Developers of the Mermaid and the Seastar wind farms in the Belgian North Sea have merged the two projects into one – the 487.2MW Seamade.
Deutsche Bucht Accepts Mono Bucket Challenge
The Deutsche Bucht Mono Bucket pilot demonstrator project has reached financial close, Northland Deutsche Bucht GmbH said.
Innogy, E.ON and RWE Table Integration Procedures
Innogy has concluded two legally binding agreements – one with E.ON, another with RWE – on the planned integration of innogy into E.ON and the planned integration of innogy’s renewables business into RWE. As reported earlier, E.ON and RWE reached an agreement under which E.ON would acquire RWE’s 76.
EIB Bankrolls Belgian Offshore Wind Project
The European Investment Bank (EIB) has approved financing for an unnamed offshore wind project in Belgium as part of the EUR 3.4 billion investment package for renewable energy, energy efficiency, Near Zero Energy Buildings, hydropower and district heating projects.
LM Wind Power Swoops On WMC
LM Wind Power, a GE Renewable Energy business, has revealed plans to acquire the WMC test facilities in Wieringerwerf, the Netherlands.
Barbados to Gauge (Floating) Offshore Wind Potential
The government of Barbados has invited expressions of interest for a wide range of studies that would ultimately lead to the construction of a large-scale offshore wind (bottom-fixed or floating) or ocean thermal energy conversion (OTEC) project.
Low Carbon, Vitol Set Up Renewables Investment Fund
UK-based renewable energy investment company, Low Carbon, and energy company Vitol have established the VLC Renewables fund to invest in European renewables projects, with an initial EUR 200 million available for offshore and onshore wind.
Ørsted Launches New Round of East Coast Skills Fund
Ørsted has opened the second round of its East Coast Skills Fund for applications, with GBP 55,000 available for experienced organisations that can develop and deliver Science, Technology, Engineering and Maths (STEM)- related training or education courses, a one-off event, or a programme of targete
GSS Sets Up Joint Venture with Taiwan’s Hwa Chi Construction
Scotland-headquartered GSS Marine Services and Taiwan’s marine construction company Hwa Chi Construction Co. Ltd. have established a joint venture company to jointly support the Taiwanese booming offshore wind industry.
WindEurope Spotlights Turkey’s Floating Wind Potential
Turkey has a huge floating offshore wind potential and could significantly support the deployment of the floating offshore wind technology, WindEurope said during a recent workshop in Istanbul entitled “Leveraging the EU offshore wind expertise in Turkey”.
Van Oord to Buy MPI Offshore from Vroon
Van Oord has signed an agreement with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor.
Danes Track Offshore Wind Cost Slide
The Danish Energy Agency has launched an updated levelized cost of energy (LCoE) calculator which shows that costs to build and operate an offshore wind farm in Denmark have declined by more than 30 per cent compared to previous projections.