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
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
CrossWind, a joint venture between Shell and Eneco and the developer of the Hollandse Kust Noord (HKN) offshore wind project in the Netherlands, has ordered a fuel cell system from Canadian company Ballard Power Systems to integrate it into the offshore wind farm, which will use water electrolysis t
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
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
The Siemens Gamesa turbine components destined for the Coastal Virginia Offshore Wind (CVOW) demonstration project are being loaded onto Jan De Nul’s jack-up vessel Vole au vent in the Port of Halifax, Canada. The vessel first departed from Canada to the project site offshore Virginia on 20 May, car
Jan De Nul’s jack-up vessel Vole au vent is now on its way back to the Port of Halifax from the Coastal Virginia Offshore Wind (CVOW) demonstration project site off Virginia, U.S., according to the vessel’s AIS data. This second trip to the Halifax port will see the Vole au vent picking up turbine t
Jan De Nul’s jack-up vessel Vole au vent has departed from the Port of Halifax, Canada, with the first batch of turbine components for the Coastal Virginia Offshore Wind (CVOW) demonstration project. Photos available on social media show the vessel carrying the monopile foundation components destine
Wind turbine components and foundations for the 12 MW Coastal Virginia Offshore Wind (CVOW) demonstration project have arrived in the Port of Halifax in Nova Scotia, Canada. Last week, the Bigroll Beaufort cargo vessel picked up the monopile foundations in Rostock, Germany, and the wind turbine comp
Canadian energy company Northland Power has agreed to buy the NaiKun offshore wind farm project from compatriot NaiKun Wind Energy Group. The NaiKun offshore wind farm is located in the Hecate Strait between Haida Gwaii and Prince Rupert on the British Columbia mainland. The project is in the early
Canadian energy company Northland Power may cancel the Deutsche Bucht Demonstrator Project in the German North Sea after encountering technical issues during the installation of the two mono bucket foundations. The installation of the two turbines utilizing mono bucket foundations was paused in the
NaiKun Wind Energy Group has signed an indicative offer with an offshore wind developer to develop the NaiKun offshore wind project in British Columbia, Canada. The parties are working to negotiate and sign a definitive agreement in the next few weeks, which will provide technical expertise, dedicat
Canada Pension Plan Investment Board (CPPIB) has issued its first Euro-denominated Green Bond. The sale of EUR 1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables, water, and real estate projects, as well as diversify the fund’s investor ba
