Offshore Wind News

 

French Oil Major Total Buys 51% in Giant Offshore Wind Project in Scotland

Jun 03, 2020

French oil and gas major Total will buy a 51% stake in SSE Renewables' giant Seagreen 1 offshore wind farm project for an upfront payment at closing of 70 million pounds and earn-outs up to 60 million pounds in aggregate subject to performance conditions…

Subsea 7 Secures 'Major' $750M-plus Offshore Wind EPCI Deal

Jun 03, 2020

Offshore installation firm Subsea 7 has clinched a major contract with SSE Renewables for the engineering, procurement, construction and installation (EPCI) of the foundations and inter-array cables for the Seagreen Offshore Wind Farm project…

Iberdrola to Splash $4.5B on Renewables in France

Jun 03, 2020

Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable energy.Iberdrola said it is already investing 2.4 billion euros in the Saint-Brieuc offshore…

Eni, Fincantieri in Decarbonization Co-op

Jun 03, 2020

Italian industrial giants, energy firm Eni and shipbuilding group Fincantieri have signed a Memorandum of Understanding (MoU) to explore innovative initiatives in the field of decarbonization and circular economy, including offshore renewable technologies…

Equinor Officially Names Its U.S Offshore Wind Project

Jun 03, 2020

Norwegian energy company Equinor has officially named its wind project off the coast of New England, USA. The name is Beacon Wind.'Beacon conveys a sense of hope and guidance, qualities that we value very highly at Equinor, especially now,” said Siri Espedal Kindem…

Innogy Shares to be Delisted as E.ON Completes Takeover

Jun 03, 2020

Shares in Innogy, once Germany's No.1 energy group by market cap, are expected to be delisted this week, as rival E.ON said it completed a buy-out of minority shareholders as part of a broader deal to break up the firm.'In the months ahead,…

ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation

Jun 02, 2020

A consortium of the Belgian companies ENGIE Fabricom and Iemants will supply the offshore substation platform for the Hollandse Kust (North) wind farm in the Dutch North Sea, TenneT has informed.A wind farm with a total installed capacity of…

Walney Extension Sells Transmission Assets

Jun 02, 2020

Walney Extension Limited, a joint venture owned by Ørsted (50%), PKA (25%) and PFA (25%), and the operator of the Walney Extension offshore wind farm in the UK, has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Walney Extension…

Siemens Gamesa Confirms Fécamp Wind Turbine Deal

Jun 02, 2020

After EDF Renewables, Enbridge, and wpd on Tuesday announced the sanctioning of the $2,2 billion Fécamp offshore wind project in France, Siemens Gamesa has confirmed it has received the firm order for the supply of wind turbines for the project…

French EDF in Offshore Wind JV in China

Jun 02, 2020

French state-controlled power group EDF said on Tuesday it had agreed a joint venture partnership with China Energy Investment Corporation (CEI) to develop offshore wind farms in China.EDF will take a 37.5% stake in the project company through its subsidiaries EDF Renewables and EDF China…

MHI Vestas Wind Turbines for Seagreen Project

Jun 02, 2020

Offshore wind turbine maker MHI Vestas Offshore Wind has signed a conditional agreement for the delivery of turbines comprising 1,140 MW for an offshore project in the UK, Vestas Wind Systems said Monday.MHI Vestas Offshore Wind, a joint venture…

Partners Sanction $2.2B Fécamp Offshore Wind Farm

Jun 02, 2020

EDF Renewables, Enbridge, and wpd have announced the launch of a EUR2 billion (USD 2,2 billion) offshore wind farm in France following the finalization of financing agreements between the consortium and its financial partners during the weekend…

Seastar Wind Farm Connected to Elia's MOG

Jun 01, 2020

Belgium’s high-voltage transmission system operator Elia has informed said that the connection of the Seastar offshore wind farm marked the completion of Elia’s offshore power hub Modular Offshore Grid (MOG), Located 40 km off the Belgian coast…

Eversendai Bags Two Offshore Wind Contracts with Petrofac

Jun 01, 2020

Eversendai Offshore has been awarded construction contracts by Petrofac for two offshore wind projects in Europe, Bursa Malaysia-listed Eversendai said Monday.The first contract is for the fabrication and construction of an offshore wind substation platform topside…

Norway Earmarks $369M for Green Industry Investments

May 29, 2020

The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.'The crisis we are now in hasn't…

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