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Business & Finance

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Avangrid Takes Iberdrola’s Offshore Wind Expertise and Wallet to US
Business & Finance

Avangrid Takes Iberdrola’s Offshore Wind Expertise and Wallet to US

With the United States only starting to chart its wind turbine arrays installed at sea, Iberdrola has been developing these projects across Europe for a while, and has now open doors to the American offshore wind sector through its US renewable energy division Avangrid Renewables, which won the righ

about 9 years ago
SHS Ventures, Paul Kumpen Back Zensor
Business & Finance

SHS Ventures, Paul Kumpen Back Zensor

SHS Ventures has acquired shares in Zensor, a Belgian start-up specialising in structural health monitoring solutions for offshore wind infrastructure. In addition, Paul Kumpen – a Belgian entrepreneur and business angel – also placed his money on Zensor, making available funds to finance the growth

about 9 years ago
Avangrid Wins North Carolina Offshore Wind Auction
Business & Finance

Avangrid Wins North Carolina Offshore Wind Auction

Avangrid Renewables, LLC, a subsidiary of Iberdrola, has secured a lease sale of 122,405 acres offshore Kitty Hawk, North Carolina, for offshore wind development after 17 auction rounds with a winning bid of USD 9,066,650. Avangrid has beaten three other bidders, Wind Future LLC, Statoil Wind US LLC

about 9 years ago
BOEM Rings Kitty Hawk Auction Bell
Business & Finance

BOEM Rings Kitty Hawk Auction Bell

Update: Another bidder drops out of the race for the North Carolina offshore wind lease area in Round 17. The winning bid was USD 9,066,650.

about 9 years ago
Engie Floats EUR 1.5 Billion Green Bond
Business & Finance

Engie Floats EUR 1.5 Billion Green Bond

French energy company Engie has issued its second EUR 1.5 billion Green Bond to finance renewable energy projects as part of the company’s development strategy in renewable energies and energy efficiency.

about 9 years ago
Successful Policy Transitions and LCoE Gains Key for Wind Industry’s Future
Business & Finance

Successful Policy Transitions and LCoE Gains Key for Wind Industry’s Future

The global wind power industry added 52.4GW of capacity in 2016 and 627GW could be added from 2017 to 2026, as MAKE expects a compounded annual growth rate (CAGR) of 3% for the period. However, the global outlook is heavily dependant on policy transitions and LCoE.

about 9 years ago
Senvion Charts Path to Growth
Business & Finance

Senvion Charts Path to Growth

German wind turbine manufacturer Senvion has set in motion a transition plan expected to put the company on track towards double-digit growth in revenues and absolute EBITDA by 2019.

about 9 years ago
North Carolina Offshore Wind Auction Starts Today
Business & Finance

North Carolina Offshore Wind Auction Starts Today

The US Bureau of Ocean Energy Management (BOEM) will today auction off 122,405 acres offshore North Carolina for commercial wind energy leasing. The monetary auction will start at 9 AM Eastern Time (2 PM CET) with Offshore WIND providing updates as the action progresses. Six developers are left in c

about 9 years ago
New Farms Lift E.ON’s Offshore Wind Division
Business & Finance

New Farms Lift E.ON’s Offshore Wind Division

E.ON improved generation at its Offshore Wind/Others division in 2016 by 0.7 billion kWh, mainly due to Amrumbank West wind farm in the German North Sea and Humber Gateway wind farm in the UK North Sea being in operation during the year.

about 9 years ago
Eni Makes Another Renewable Energy Move. After GE, Teams Up with Statoil
Business & Finance

Eni Makes Another Renewable Energy Move. After GE, Teams Up with Statoil

After entering renewable energy development partnership with GE last year, Italian oil and gas company Eni made another move into the sector as it signed an agreement with Statoil for the development of clean energy projects on 14 March.

about 9 years ago
MME Group to Keep Norther OWF Corrosion Free
Business & Finance

MME Group to Keep Norther OWF Corrosion Free

Van Oord has awarded the Dutch corrosion prevention specialist MME Group with a contract to provide cathodic protection for 44 monopiles and the offshore substation to be installed at the 370MW Norther offshore wind farm in the Belgian North Sea.

about 9 years ago
innogy Prepping Kaskasi and Triton Knoll OW Projects for April Auctions
Business & Finance

innogy Prepping Kaskasi and Triton Knoll OW Projects for April Auctions

German energy company innogy SE is preparing to participate in two offshore wind auctions, in Germany and in the UK, in 2017 with two projects which have a combined capacity of nearly 1.2GW.

about 9 years ago
Seaproof Nets Hornsea Project One Deal
Business & Finance

Seaproof Nets Hornsea Project One Deal

DONG Energy has awarded Seaproof Solutions, a Norway-based supplier of cable protection systems (CPS), with a contract to deliver its cable protection systems for the 1.2GW Hornsea Project One offshore wind farm in the UK.

about 9 years ago
Siemens-Gamesa Merger Clears Final Hurdle
Business & Finance

Siemens-Gamesa Merger Clears Final Hurdle

The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of wind turbine manufacturer Gamesa by Siemens.

about 9 years ago
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