Category: Developers

Mingyang Enters Deal with Renexia, Italian Gov’t to Set Up Shop in Italy; 18.8 MW Offshore Wind Turbines Planned for Large-Scale Mediterranean Project

(offshoreWind.biz) Renexia, Mingyang Smart Energy and Minister Adolfo Urso from the Ministry of Enterprises and Made in Italy (MIMIT) have signed a memorandum of understanding (MOU) that will see the Chinese OEM producing wind turbines in Italy and supplying 18.8 MW wind turbines for Renexia’s Med Wind floating wind farm. The agreement includes a EUR... Continue Reading →

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Offshore Wind: Inside the Financial Web

Barry Parker, Contributor of bdp1 Consulting Ltd (OE) Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately high-risk deals that might better suit the... Continue Reading →

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Fugro Concludes Four-Year US Offshore Wind Survey

(OE) Fugro has completed four years of continuous survey operations in New Jersey and New York for US-based offshore wind developer Atlantic Shores Offshore Wind. Supporting the site assessment of five projects across three lease areas totaling 1,000 km², Fugro worked with Atlantic Shores to pioneer a new data collection and management approach. According to... Continue Reading →

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RWE Appoints COO for Its US Renewables Business

(OE) RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy. Starting August 1, under the lead of Andrew Flanagan, CEO of RWE Clean Energy, Kroll will complete the Executive Leadership Team of the company which also includes Chief Financial Officer (CFO) Ingmar Ritzenhofen and... Continue Reading →

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Japan’s Sumitomo Partners with Compatriot for Floating Offshore Wind

(offshoreWIND.biz) Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve efficiency, and mass-produce structures for floating wind farms, while also setting up... Continue Reading →

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