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Business & Finance

North Carolina Urged to Harness Offshore Wind Potential
Business & Finance

North Carolina Urged to Harness Offshore Wind Potential

Fifty elected officials, small businesses, community groups, and environmental organizations from North Carolina sent a letter to Governor Roy Cooper calling on him to embrace offshore wind as a key part of the state’s energy plan.

about 9 years ago
Senvion Reaps Offshore Gains
Business & Finance

Senvion Reaps Offshore Gains

German wind turbine maker Senvion recorded EUR 184 million in offshore wind-related revenues in the first half of 2017, a 145% increase compared to the first half of 2016.

about 9 years ago
DeBu Team Eyes Suction Bucket Technology
Business & Finance

DeBu Team Eyes Suction Bucket Technology

The developers of the 252MW DeBu offshore wind project are considering adding two more demonstration wind turbines to test the suction bucket foundation technology at the site in the German North Sea.

about 9 years ago
Statoil, innogy and SSE Divvy Up 4.8GW Dogger Bank
Business & Finance

Statoil, innogy and SSE Divvy Up 4.8GW Dogger Bank

Statoil has signed a swap agreement with innogy and SSE for equity interests in the Dogger Bank offshore wind development project.

about 9 years ago
DONG Energy to Submit Hornsea Project Two CfD Bid Next Week
Business & Finance

DONG Energy to Submit Hornsea Project Two CfD Bid Next Week

DONG Energy plans to submit a bid in the UK Contract for Difference (CfD) auction for the Hornsea Project Two offshore wind farm on 14 August, Henrik Poulsen, the Danish company’s CEO and President, said.

about 9 years ago

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New Capacity Lifts DONG Energy’s Wind Division
Business & Finance

New Capacity Lifts DONG Energy’s Wind Division

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.

about 9 years ago
E.ON’s Offshore Wind Division Posts Mixed Results
Business & Finance

E.ON’s Offshore Wind Division Posts Mixed Results

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.

about 9 years ago
U.S. Offshore Wind Pipeline Tops 24GW
Business & Finance

U.S. Offshore Wind Pipeline Tops 24GW

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).

about 9 years ago
DONG Energy Sells Half of Borkum Riffgrund 2 to Global Infrastructure Partners
Business & Finance

DONG Energy Sells Half of Borkum Riffgrund 2 to Global Infrastructure Partners

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.

about 9 years ago
BEIS Okays Bigger Turbines at East Anglia THREE
Business & Finance

BEIS Okays Bigger Turbines at East Anglia THREE

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.

about 9 years ago

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E.ON Wins Robin Rigg Dispute Against MT Højgaard
Business & Finance

E.ON Wins Robin Rigg Dispute Against MT Højgaard

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.

about 9 years ago
Ofgem Shortlists Galloper and Walney Extension OFTO Bidders
Business & Finance

Ofgem Shortlists Galloper and Walney Extension OFTO Bidders

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.

about 9 years ago
Scotland Bankrolls Offshore Wind Accelerator Programme
Business & Finance

Scotland Bankrolls Offshore Wind Accelerator Programme

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).

about 9 years ago
Estonia’s First Offshore Wind Farm Step Closer to Reality
Business & Finance

Estonia’s First Offshore Wind Farm Step Closer to Reality

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.

about 9 years ago