DONG Energy has decided to keep its Exploration & Production (E&P) business to help fund investments in renewable energy. “DONG Energy confirms its intention to build a world-class clean energy company with a portfolio based on leading competences in offshore wind, bioenergy and green distribution a
Mainstream Renewable Power is in exclusive discussions with a consortium led by power company InterGen to take its 450 MW Neart na Gaoithe offshore wind farm to financial close and into construction. The consortium also includes Siemens Project Ventures, The Marguerite Fund and Infrared Capital. Spe
In its financial results for the first quarter of fiscal year 2016, Siemens reported the revenue in its wind and renewables business was down 19% at EUR 1.2 billion, compared to almost EUR 1.5 billion in the same period last year. Siemens said “timing effects related to project execution” partly aff
China is the only country identified as a booming market for wind capacity growth, with the United States, India and Germany carrying the label of outperformers in a report published by Navigant Research. The report, ‘Global Wind Energy Policy Update,’ examines the strengths and weaknesses of the wi
The Rampion offshore wind farm project remains on schedule with the installation of the first turbine foundation due to start this week, despite adverse weather conditions disrupting enabling works to prepare the seabed, according to E.ON. The 400MW project, being built by E.ON, the UK Green Investm
Consortium partners Dura Vermeer and De Vries & Van der Wiel today started work on the Kooyhaven development at the Dutch Port of Den Helder, a project expected to open up the region to the offshore wind industry. Kooyhaven is located immediately to the south of the N99 trunk road, and to the east o
DONG Energy has acquired project rights for OWP West offshore wind farm from Erste Nordsee-Offshore-Holding GmbH, a company owned by STRABAG and Northern Energy Projects. Information about the acquisition first appeared in late December 2015, after DONG Energy took over the project on 16 December, 2
Oldenburg-based Trianel Windkraftwerk Borkum II has invited tenders for the production and turnkey installation of the inner park cabling at the 200 MW Trianel Windpark Borkum (TWB) Phase 2, situated in the German exclusive economic zone in the North Sea. The TWB Phase 2 sits 45 kilometers north of
Galloper Wind Farm Ltd, the developer of the 336 MW Galloper Offshore Wind Farm, has invited applications for the Galloper Wind Farm Fund (GWFF). The fund aims to contribute to the appearance, setting, conservation, amenity, accessibility and enjoyment of the Suffolk Coast & Heaths AONB and the area
Scotland-based SSE has sold a further 10% stake in the Beatrice offshore wind farm to its joint venture partner Copenhagen Infrastructure Partners (CIP). SSE now holds a 40% stake in the project, with CIP controlling a 35% stake, and Repsol the remaining 25%. SSE says that the sale marks another key
Consultant engineers from WSP Parsons Brinckerhoff will provide quality inspection services on the 336MW Galloper Offshore Wind Farm. The company’s engineers will undertake inspection and surveillance planning services including assurance, quality, control and audit services on the sub-sea high volt
Taiwan expects its offshore wind energy projects to attract TWD 2.5 billion (USD 74.6 million) of fresh investments in 2016, with the sector projected to draw in a total of TWD 670 billion of new investments by 2030, according to the country’s Bureau of Energy, Ministry of Economic Affairs. The coun
The New York State Public Service Commission has approved a 10-year, USD 5 billion Clean Energy Fund to advance wind, solar, energy efficiency and other clean tech industries, the state’s Governor Andrew Cuomo announced. The fund is expected to attract and leverage third-party capital to support the
Gothaer Leben Renewables GmbH has acquired an equity stake in the 110 MW Nordergründe offshore wind farm, wpd AG, the developer and the future operator of the wind farm said in a statement. Gothaer reportedly invested EUR 60 million in the project. “We are very pleased that we have been able to win
