European utilities are offering a slew of offshore wind farms, eager to cash in on high valuations as investors hungry for stable returns increasingly flock to the sector, people close to the matter said.Demand for such assets has surged as…
The UK offshore wind industry could create more than 69,800 jobs by 2026, a significant increase compared to today's 26,000, according to research published by the Offshore Wind Industry Council (OWIC).According to OWIC, most of the jobs will…
Renewables giant RWE has taken the Financial Investment Decision on its 1.4 gigawatt (GW) Sofia offshore wind farm in the UK, its largest offshore wind project to date. The project will feature the largest ever offshore wind turbines.RWE said the project…
Britain's Crown Estate said on Wednesday it would start work on producing a new leasing round for commercial-scale floating wind power projects in the Celtic Sea.Floating wind farms are an emerging technology with far higher costs than plants fixed to the seabed…
Norwegian energy company Equinor said Tuesday its Hywind Scotland floating offshore wind farm in the UK has, for the third consecutive year, reached the highest average capacity factor for any wind farm in the UK.With an average capacity factor of 57…
DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…
Denmark-based offshore wind installation company Ørsted, said Friday it was kicking off full-scale offshore construction activities of the 900 MW Greater Changhua 1 & 2a offshore wind farms in Taiwan.Ørsted said it would start laying export…
Swedish power company Vattenfall has signed its first power contract for the offshore wind farm Hollandse Kust Zuid, located in the Dutch North Sea.Under the contract, Air Liquide will purchase 100GWh of electricity per year from the wind farm located off the Dutch coast…
Spanish renewable energy giant Iberdrola has added another offshore wind project to its Japanese portfolio as it has agreed with Cosmo Eco Power and Hitz to jointly develop the 600MW Seihoku-oki wind project in Aomori prefecture, in the northwest of the country…
Continued disruption to Scotland’s offshore wind sector risks the loss of billions of pounds of long-term investment and the country's 'vital 2045 climate change target,' Scottish Renewables, a body representing interests of the Scottish renewable energy industry has warned…
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday…
Tidal energy developer Minesto said Friday it had signed an agreement with Schneider Electric to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.The collaboration between Minesto and Schneider Electric…
Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday.Able Marine Energy Park…
Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million…
Japanese renewables group JRE has been put up for sale by its owners, including Goldman Sachs, three people familiar with the matter said, a deal expected to draw interest from European firms eager to enter Japan's green power market.Japan Renewable…