Offshore Wind News

 

Northland Expands Offshore Wind Pipeline in Asia

Feb 24, 2020

Canadian power producer Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea.Dado Ocean is currently owned by Eui Jeong Hwang, a wind power developer…

Canada Funds Refinance German OWF

Feb 18, 2020

The Canada Pension Plan Investment Board (CPP Investments) has refinanced its minority interest in the 609MW Hohe See and Albatros offshore wind farm complex in the German North Sea.Amsterdam Capital Partners (Amscap) advised CPP Investments on the EUR 510…

EDF Buys Stake in Irish Offshore Project

Feb 12, 2020

French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer…

TÜV SÜD, IX Wind Join Forces for Wind Power

Feb 06, 2020

The global testing, certification, inspection and training provider TÜV SÜD and Taiwan's IX Wind have signed a memorandum of understanding (MOU) to cooperate in various wind power industry services in Taiwan and Japan.Combining forces in the Taiwanese and Japanese wind power industry…

Siemens Gamesa Shines in Offshore Segment

Feb 04, 2020

Commercial activity increased significantly in the offshore segment, with order intake in the last twelve months doubling to 3,343 MW, said Siemens Gamesa Renewable Energy(SGRE)Of that figure, 1,279 MW were signed in the first quarter of FY2020 (October 2019 - December 2019)…

Japan Builds First Commercial OWF

Feb 03, 2020

After having reached financial close for offshore wind farms at Akita Port and Noshiro Port in Japan,  Akita Offshore Wind Corporation (AOW) has announced that it is to commence construction this month.The Offshore Wind Farms are comprised of…

Ørsted Eyes Carbon-Neutrality by 2025

Jan 31, 2020

The global leader in offshore wind Ørsted A/S  will become carbon neutral by 2025. 'This will make Ørsted the first major energy company to reach net-zero emissions in its energy generation - far ahead of science-based decarbonization targets for limiting global warming to 1…

Virginia Port Signs Pact with Ørsted

Jan 29, 2020

Danish energy giant Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.According to Virginia governor's office, Orsted could use…

Ørsted Appoints APAC Head

Jan 07, 2020

Global offshore wind giant Ørsted said that Matthias Bausenwein, President of Ørsted Asia Pacific, has been appointed to the new role as Head of the Asia Pacific Region (APAC), based in Taipei.He will continue to lead the regional activities but in a now strengthened setup…

EGCO Joins Yunlin Project

Dec 23, 2019

Thailand-based Electricity Generating Public Company Limited (EGCO Group), has acquired a 25% ownership interest in Yunlin Holding GmbH, the developer of the 640MW Yunlin offshore wind farm project in Taiwan.The electric utility holding company…

CSEIP Buys 25% Stake in Arkona OWF

Dec 23, 2019

Credit Suisse Energy Infrastructure Partners (CSEIP) acquired 25% stake in the Arkona offshore wind farm (OWF) from Norwegian energy company Equinor.Watson Farley & Williams (WFW) has advised CSEIP on the EUR 340 million financing of the acquisition…

MHI Vestas Offshore Wind Intros Safety’N’Mind

Dec 19, 2019

MHI Vestas Offshore Wind has created a digital safety training mobile app developed to streamline safety refresher training courses for offshore wind turbine technicians, which has been accredited by the Global Wind Organization (GWO).Industry-first Safety’N’Mind is designed as a digital…

TRIG, APG Buy Merkur

Dec 10, 2019

Dutch pension investor APG and UK-based The Renewables Infrastructure Group (TRIG) have agreed to acquire the Merkur offshore windfarm.TRIG will acquire a stake of around 36% in the 396-MW Merkur farm in the German North Sea, while APG has agreed to buy the remaining 64%…

Equinor Acquires 50% Stake in Polish OWP

Dec 10, 2019

The Norwegian oil and gas major Equinor ASA said it has completed the purchase of a 50% stake in the Baltyk I offshore wind project (OWP) in Poland from Polenergia.The Bałtyk 1 offshore location license allows for a development of a wind farm with a capacity up to 1560MW…

Maritime Schools Must Prep for Offshore Wind Jobs

Dec 09, 2019

The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43…

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