The Offshore Wind Growth Partnership (OWGP) has awarded twelve UK companies a total of GBP 1.3 million (around EUR 1.5 million) in funding and business improvement support. “These twelve companies represent a growing community of supply chain companies from across the UK being supported by OWGP, bri
The Carbon Trust’s Offshore Wind Accelerator (OWA) has published new recommendations for fibre optic cable design to mitigate the risk of export cable failure in offshore wind. The five key recommendations are: The optical fibres should be encompassed by a stainless steel tube and stainless-steel wi
Last year, 15 new offshore wind farms generated their first electricity and there are now 162 offshore wind farms up and running worldwide. Soon, 26 more that are under construction will join the global fleet. This is according to the Global Offshore Wind Report 2020 from World Forum Offshore Wind (
The UK’s recent Offshore Wind Round 4 seabed leasing represents a risk for raising costs of offshore wind due to the option fee that investors need to pay upfront for the right to develop projects, WindEurope said. In its latest leasing round, the UK introduced a new bidding system that makes invest
RenewableUK has welcomed the selection of preferred bidders at the Crown Estate’s Offshore Wind Leasing Round 4, but warned about the effect of the option fees on developers and, ultimately, consumers. The Crown Estate has selected six projects that will now move to the next stage of the process, wh
Turbine blades, towers, monopile foundations, and power cables are the prime areas in which the UK can secure new investment to boost its domestic manufacturing capabilities, the Offshore Wind Industry Council (OWIC) said. These are the priority areas in which OWIC is working with the UK government
The world’s installed offshore wind capacity rose by 15 per cent in 2020, despite the COVID-19 pandemic, and this year will see a 37 per cent growth in global installed offshore wind capacity, according to Rystad Energy. Major contributor to both last year’s and this year’s growth is China. The coun
According to a new study from Offshore Renewable Energy (ORE) Catapult, large floating wind projects in the UK could secure Contracts for Difference (CfD) strike prices below current wholesale electricity price forecasts in 2029. Reaching the point of having “subsidy-free” floating wind projects dep
Global Energy Group (GEG) and Italy’s Rosetti Marino have formed a strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK. The companies have entered into a five-year agreement, with the potential for a two-year extension, to jointly tend
Dutch company Safeway and the UK-based Tyne Gangway have signed a cooperation agreement, which will see Tyne Gangway supporting Safeway in the Port of Tyne and the UK. The UK company, specialising in design and manufacturing of marine access systems, will provide the aluminium inner and outer boom a
AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the purchase price consideration of USD 20.2 million (around EUR 16.5 million) cash consideration plus two million conditional warrants in AqualisBraemar. The two companies will continue trading separately until the latter part
RWE Renewables has signed a Power Purchase Agreement (PPA) with E.ON UK for the electricity produced by the Humber Gateway offshore wind farm in the UK. E.ON UK will offtake 100% of the project’s electricity from 2022 until 2035, which also includes the Renewable Obligation Certificates (ROCs). The
The University of Plymouth has secured more than GBP 1 million to create a facility for testing new innovations in floating offshore wind technology. This first-of-its-kind facility in the UK will enable physical modeling experiments with wind, wave and currents simultaneously. Data generated in the
The Newfoundland and Labrador Environmental Industry Association (NEIA) is leading an international business development mission to the UK to help businesses from Atlantic Canada explore opportunities in the offshore wind industry. NEIA’s virtual mission is taking a geographic approach over the cour
