DONG Energy has recorded a 32% increase in earnings from operating offshore wind farms in the first half of 2017 as compared to the same period a year earlier.
E.ON’s Offshore Wind/Other division generated 2.1 billion kWh of electricity in the first half of 2017, on a par with the results reported for the first half of 2016.
As of June 2017, the U.S. offshore wind project development pipeline includes 24,135MW of potential installed capacity, according to a report by the U.S. Energy Department’s National Renewable Energy Laboratory (NREL).
DONG Energy has entered into an agreement to sell 50% of the 450MW Borkum Riffgrund 2 offshore wind farm project to Global Infrastructure Partners (GIP) for a total consideration of approximately EUR 1.17 billion.
ScottishPower Renewables has received planning approval from the UK Secretary of State for Business, Energy and Industrial Strategy (BEIS), Greg Clark MP, for the East Anglia THREE offshore wind farm with an output capacity of up to 1,200MW.
The UK Supreme Court has ruled against MT Højgaard (MTH) in the Robin Rigg offshore wind farm dispute and in favour of E.ON Climate and Renewables.
Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Galloper and Walney Extension wind farms off the coasts of Cumbria and Suffolk.
The Scottish Government has invested a further GBP 1.5 million in the Carbon Trust’s collaborative research, development and demonstration (RD&D) programme – the Offshore Wind Accelerator (OWA).
Estonian wind energy developer Nelja Energia and the Hiiu municipality on the Hiiumaa Island have signed a cooperation agreement to build Estonia’s first offshore wind farm.
U.S. Senators Susan Collins, R- Maine, and Tom Carper, D-Delaware, have introduced the Incentivizing Offshore Wind Power Act aimed at providing financial incentives to encourage investment in offshore wind energy.
Business, council and public sector leaders have set out reasons why Great Yarmouth deserves a third bridge.
In the first half of the year, EUR 2.9 billion of new asset financing was made in offshore wind, down from a record high of EUR 14 billion in the same period in 2016, according to WindEurope.
In the third quarter of fiscal year 2017 (from April to June 2017), Siemens Gamesa Renewable Energy’s revenues were down 7% year-on-year. Revenue from the sale of wind turbines decreased by 9%, reflecting lower sales volumes of 1,950W (-25%), as a result of temporary market conditions in the onshore
Siemens AG has awarded Heerema Fabrication Group (HFG) a Procurement & Construction contract for the Offshore Transformer Module (OTM) which will be installed at EnBW’s Albatros offshore wind farm.