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Business & Finance

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UK’s Railway Owner-Operator Buys Power from Gwynt y Môr Offshore Wind Farm
Business & Finance

UK’s Railway Owner-Operator Buys Power from Gwynt y Môr Offshore Wind Farm

The UK’s state-owned railway owner and operator, Network Rail, has signed a five-year corporate power purchase agreement (CPPA) with RWE for 300 GWh of electricity annually to be supplied from RWE’s Gwynt y Môr offshore wind farm. “We are delighted to have concluded the first public sector PPA under

about 6 months ago
Evolve Energy Buys Race Bank Offshore Wind Farm Power from Shell
Business & Finance

Evolve Energy Buys Race Bank Offshore Wind Farm Power from Shell

Evolve Energy, a UK-based energy supplier offering solutions for direct access to renewable energy for industrial and commercial businesses, has entered into a nine-year power purchase agreement (PPA) with Shell for electricity generated by the Race Bank offshore wind farm, with which Shell has an o

about 6 months ago
Tekmar CPS
Business & Finance

Tekmar Bags EUR 2+ Million in Contracts for Japanese Offshore Wind Project

about 6 months ago
Mitsui Greenlights GBP 30 Million Investment in Port of Nigg
Business & Finance

Mitsui Greenlights GBP 30 Million Investment in Port of Nigg

An investment of over GBP 30 million (around EUR 35 million) in new facilities that will support offshore wind construction at the Port of Nigg in Scotland has received final approval by Maraen, a new integrated energy infrastructure brand launched by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL

about 6 months ago
Welsh Port Granted GBP 64 Million for Floating Wind Hub
Business & Finance

Welsh Port Granted GBP 64 Million for Floating Wind Hub

The UK government has announced up to GBP 64 million (approximately EUR 74 million) in funding to develop Port Talbot in South Wales into a major hub for floating offshore wind in the Celtic Sea. The investment, led by the Department for Energy Security and Net Zero (DESNZ), aims to establish the po

about 6 months ago
Vestas Unveils Plans for V236-15.0 MW Nacelle Factory in Scotland
Business & Finance

Vestas Unveils Plans for V236-15.0 MW Nacelle Factory in Scotland

Vestas plans to build a nacelle and hub assembly facility in Scotland to support offshore wind projects in the UK and across Europe. The proposed factory would require a capital investment of more than EUR 250 million and is planned to manufacture nacelles and hubs for the company’s V236-15.0 MW off

about 6 months ago
Navantia Secures Funding to Expand Manufacturing Capacity at Arnish Yard
Business & Finance

Navantia Secures Funding to Expand Manufacturing Capacity at Arnish Yard

Navantia UK has secured funding to expand its offshore wind manufacturing capabilities at the Arnish Yard in Stornoway, as Highlands and Islands Enterprise (HIE) has approved GBP 6 million (almost EUR 7 million) for two offshore wind-related developments in the region. The company will receive a GBP

about 6 months ago
Offshore Vessel Charging Tech Developer Plans Commercial Rollout in UK
Business & Finance

Offshore Vessel Charging Tech Developer Plans Commercial Rollout in UK

about 6 months ago
Venterra Companies Expand Capabilities, Geographical Reach
Business & Finance

Venterra Companies Expand Capabilities, Geographical Reach

UK-based Venterra Group announced two new business developments within its group of companies over the past few days, as INSPIRE Environmental expanded into Scotland and GeoForce Technical Services launched an advanced geotechnical soil testing capability. INSPIRE Environmental has opened a permanen

about 7 months ago
A photo of the Rampion offshore wind farm off Brighton, UK, in sunrise
Business & Finance

Lamprell, RTE International to Collaborate on Offshore Wind Transmission Projects

Lamprell, a UK manufacturer of offshore wind foundations with facilities in the Middle East, and RTE International, a subsidiary of RTE France specialising in electricity transmission engineering, have signed a strategic Memorandum of Understanding (MoU) under which the two companies plan to team up

about 7 months ago
OEG’s New Crew Transfer Vessel Ready for Inch Cape Offshore Wind Farm
Business & Finance

OEG’s New Crew Transfer Vessel Ready for Inch Cape Offshore Wind Farm

OEG has taken the delivery of a multi-purpose crew transfer vessel (CTV), named Fulmar, which recently completed sea trials and will soon be deployed on the Inch Cape offshore wind farm in Scotland. Fulmar will be supporting the offshore construction of the 1.1 GW offshore wind farm under a contract

about 7 months ago
Vestas Receives 1,380 MW Offshore Wind Turbine Order from RWE
Business & Finance

Vestas Receives 1,380 MW Offshore Wind Turbine Order from RWE

RWE has placed a firm order with Vestas for its 1,380 MW Norfolk Vanguard West offshore wind project in the UK, after the developer secured a Contract for Difference (CfD) for the project in Allocation Round 7 (AR7) in January and announced that the global investment firm KKR would become its partne

about 7 months ago
Long-Standing Customer Taps Tekmar for Cable Protection Under EUR 4.7 Million Contract
Business & Finance

Long-Standing Customer Taps Tekmar for Cable Protection Under EUR 4.7 Million Contract

about 8 months ago
Scottish Businesses Invited to Apply for Offshore Wind Supply Chain Support Programme
Business & Finance

Scottish Businesses Invited to Apply for Offshore Wind Supply Chain Support Programme

Offshore Renewable Energy (ORE) Catapult has opened an application period for the first Fit For Offshore Renewables (F4OR) offshore wind supply chain support programme that targets businesses in Scotland. Up to ten companies will be selected to participate. The 18-month programme, supported with ind

about 8 months ago
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