The Canada-Nova Scotia Offshore Energy Regulator (CNSOER) has released the names of seven companies and consortia that qualified to bid in the country’s first offshore wind auction. The regulator opened the pre-qualification period in October 2025 with a deadline for applications set for 13 January
Ming Yang Smart Energy and Canada’s Oceanic Wind Energy have signed a memorandum of understanding (MoU) to explore a strategic investment partnership for a large-scale offshore wind project in the Hecate Strait off the northwest coast of British Columbia. The project is being developed by Oceanic Wi
Hydro-Québec, the power utility owned by Canada’s Québec province, has issued a Request for Information (RFI) to assess options to connect to offshore wind farms in waters off Nova Scotia, which is now running the country’s first offshore wind tender. With the RFI, Hydro-Québec aims to gather inform
Hanwha Group’s renewable energy arm in France, Q Energy France, together with Hanwha Ocean, has entered the pre-qualification process to participate in the upcoming offshore wind seabed leasing in Nova Scotia, Canada, the South Korean company said on 14 January. The Canada-Nova Scotia Offshore Energ
The slower-than-expected turbine commissioning at the Hai Long offshore wind farm in Taiwan could impact Northland Power’s pre-completion revenues by approximately CAD 150 million to CAD 200 million in 2026, the company announced in its third-quarter 2025 results. Over half of the turbines are now i
Nova East Wind, a joint venture between DP Energy and SBM Offshore, has signed a memorandum of understanding (MoU) with the Assembly of Nova Scotia Mi’kmaw Chiefs (Assembly) relating to the development, installation, and operation of its floating offshore wind project in Nova Scotia. According to No
Canada Pension Plan Investment Board (CPP Investments) will consolidate its existing direct and indirect offshore wind holdings into Reventus Power, its UK-based portfolio company, which will become its dedicated global offshore wind platform. Subject to customary approvals, the move will see Revent
Canada’s Northland Power and Mitsui & Co., part of Japan’s Mitsui Group, have made a Final Investment Decision (FID) for the 1,044 MW Hai Long offshore wind project in Taiwan. The FID is subject to various conditions precedent and project finance contracts expected to come into force within this yea
Canada-headquartered Northland Power has secured two Electricity Business Licenses (EBLs) for its 1,000 MW Dado and 600 MW Bobae offshore wind projects in South Korea. The Dado offshore wind project was awarded EBL for 900 MW of the 1,000 MW capacity, providing exclusivity on the leases for the proj
Canada-based Northland Power has signed an agreement to sell 49 per cent of its interest in the Hai Long offshore wind project in Taiwan to Gentari. When the deal is completed, expected to occur after the project reaches financial close, Gentari will have a 29.4 per cent indirect equity holding in t
The offshore wind sector is witnessing accelerated growth both in the size and number of new projects, as well as in new markets, with 135 GW of new capacity now available in leasing rounds around the world, according to new analysis from the energy market research firm Westwood Global Energy Group.
Corio Generation, a Green Investment Group (GIG) portfolio company, has entered into a joint venture with Ontario Teachers’ Pension Plan Board to fund the development of up to 9 GW in offshore wind projects currently under development by Corio. The partnership represents an investment of up to USD 1
Canada’s Northland Power and its German partner RWE have exercised their step-in right to match the winning bid in Germany’s latest offshore wind auction for the N-3.8 zone in the North Sea and secure the lease for the 433 MW German Nordsee Two offshore wind project. Back in September, Germany’s Fed
Over the next five years, Northland Power could invest between at least CAD 15 billion and CAD 20 billion (between EUR 9.8 billion and EUR 13 billion) in new offshore wind projects in which it holds ownership shares, with offshore wind being an anchor for its next phase of growth in the renewable en
