Business & Finance
Irish ESB Buys Into Galloper Offshore Wind Farm
Ireland’s state owned electricity company Electricity Supply Board (ESB) has acquired a 12.5% stake in the 353MW Galloper offshore wind farm from Macquarie Capital.
Floating Wind to Save the Day at Cornwall’s Wave Hub?
Wave Hub is looking to facilitate floating wind technology testing at its site off Cornwall due to slow progress of the wave energy sector and delays from technology developers that signed up for testing their devices at the site.
China Three Gorges Joins Tianjin Offshore Wind Project
China Three Gorges New Energy signed an investment cooperation agreement with the Tianjin Economic-Technological Development Area (TEDA) to develop an offshore wind project in the Nangang Industrial Zone.
TOWSC and OutSmart Join Hands in Taiwanese Offshore Wind
Taiwan Offshore Wind Farm Services Corporation (TOWSC) and OutSmart have joined forces to establish a fully integrated wind farm management system for the development of offshore wind in Taiwan.
Buckie Setting Stage for Offshore Wind
The first phase of an industrial development in Buckie, Scotland, to exploit the growing offshore wind energy market has been completed, the Moray Council said.
EU Nods to German Offshore Surcharge Reductions
The European Commission has found Germany’s plans to grant reductions on an offshore surcharge to electro-intensive users and railways to be in line with EU State aid rules.
MHI Vestas Puts Pen to Paper in Taiwan
After securing the preferred supplier status on projects with a combined capacity of 1.5GW in Taiwan, MHI Vestas Offshore Wind signed a series of Memorandums of Understanding (MoUs) with local companies covering tower and blade manufacturing, as well as the supply of materials for blade production.
JFMS Greets Ievoli Ivory at Port of Lowestoft
James Fisher Marine Services (JFMS) has welcomed the multi-purpose support vessel Ievoli Ivory to the Port of Lowestoft, UK. The vessel has arrived at Lowestoft as part of JFMS’ new partnership with Next Geosolutions, a joint venture between Marnavi Offshore and Tecno In, for the expansion of the co
MHI Vestas Cracks Taiwanese Offshore Wind Code
MHI Vestas Offshore Wind has signed preferred supplier agreements in Taiwan with Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC).
Green Investment Group Buys Marubeni Out of Westermost Rough
Green Investment Group Limited (GIG), the specialist green energy principal investment business of Macquarie Group Limited, has acquired a 25% interest in Westermost Rough offshore wind farm from Marubeni Corporation (Marubeni).
Dutch Government Reveals 11.5GW by 2030 Offshore Wind Roadmap
The Dutch government has presented the Offshore Wind Energy Roadmap 2030, setting out plans for the development of additional 7GW of offshore wind capacity in the 2024-2030 period.
Innogy to Acquire Half of Dublin Array Offshore Wind Farm Project
Innogy has partnered with Irish company Saorgus Energy to progress the development of the Dublin Array Offshore Wind Farm through to planning consent, and is set to acquire an equal share of the project. The next phase of project development will be led by innogy with support from Saorgus Energy.
The Netherlands Reveals All Zero Subsidy Offshore Wind Bidders
The Dutch Ministry of Economic Affairs and Climate Policy examined a total of four applications for a permit to construct the Hollandse Kust (zuid) I & II offshore wind zone without subsidies.
Aquila Capital Targets Offshore Wind with EUR 750 Million Fund
German investment company Aquila Capital has launched a EUR 750 million fund primarily seeking investments in onshore and offshore wind power, photovoltaics, hydropower, electricity grids and heat networks, as well as energy storage with an emphasis on greenfield projects.