Stadtwerke München and Siemens Financial Services have joined RWE in developing the Awel y Môr offshore wind farm by acquiring a 30 per cent and 10 per cent stake in the project, respectively. RWE, which now holds 60 per cent share of the project, is leading the development of the offshore wind farm
The UK’s Secretary of State for Business, Energy and Industrial Strategy (BEIS) has once again postponed the deadline for the decision on Ørsted’s development consent order (DCO) application for Hornsea Project Three. The Secretary of State is minded to approve this application subject to further in
Total, Shell and eight offshore wind developers have joined Offshore Renewable Energy (ORE) Catapult’s national Floating Offshore Wind Centre of Excellence (FOWCoE) in the UK. The eight offshore wind developers include EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, Scottis
SSE plc is planning to invest more than GBP 7 billion over the next five years in major low-carbon construction projects to support the net-zero target and spur a green economic recovery. The plan will see SSE invest almost GBP 4 million every day for the next five years on projects, including the G
The UK National Grid has secured a green loan worth USD 743 million to finance the Viking Link interconnector project. This the first ever multi-credit export agency (ECA) covered green loan and follows the launch of the National Grid’s first green bond earlier this year, which raised EUR 500 millio
Vattenfall is set to consider how to proceed with the Thanet Extension offshore wind project after the UK Secretary of State refused its development consent order (DCO) application. Commenting on the decision, Danielle Lane, UK Country Manager for Vattenfall, said: “Naturally we’re very disappointed
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has refused Vattenfall’s development consent order (DCO) application for the Thanet Extension offshore wind project. The conclusion behind the decision is that Vattenfall failed to demonstrate sufficient mitigation of risk
The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has postponed the statutory deadline for the Hornsea Project Three development consent order (DCO) application to 1 July. As reported, the DCO decision was supposed to be announced on 1 June for the Hornsea Project Three,
Navantia and Harland and Wolff (Belfast) Limited are in advanced teaming agreement discussions for cooperation in the offshore wind sector. The partnership will focus on fixed and floating foundations for the offshore wind sector in the UK. The teaming agreements are in relation to a series of speci
The UK government has extended the comment period for the proposed amendments to the Contracts for Difference (CfD) scheme due to the COVID-19 crisis. The consultation period was initially supposed to end on 22 May but has been extended to 29 May to give more time for sending responses. To remind, t
Norfolk & Suffolk Unlimited is looking to export its supply chain expertise to the U.S. offshore wind market. A preliminary online event organized with the City of Virginia Beach saw 20 local businesses meet with operators and developers involved in the 2.6 GW Coastal Virginia Offshore Wind (CVOW) p
DEME is currently looking for a replacement vessel for the installation of Moray East jacket foundations, following the crane accident onboard the installation vessel Orion. The company is considering both the vessels in its own fleet and externally to carry out the installation of Moray East jacket
The second phases of the East Anglia One and Hornsea One offshore wind projects in the UK have begun receiving payments under their Contracts for Difference (CfDs). This means that 285 MW from East Anglia One and 400 MW from Hornsea One have passed their Operational Conditions Precedent (OCPs) and a
The offshore wind farms developed and owned by Spain-based Iberdrola have produced 1,119 gigawatt-hours (GWh) during the first quarter of 2020. Iberdrola’s total installed offshore wind capacity stood at 1,174 MW on 31 March. In the United Kingdom, the company’s offshore wind farms generated 680 GWh
