Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

(OE) Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities. Under the agreed terms, BW Ideol will transfer its co-development project portfolio to a newly created subsidiary... Continue Reading →

Vestas Buys ST3 Offshore – Breaking News

(OW) Danish wind turbine manufacturer Vestas has acquired ST3 Offshore in the sixth tendering round since the Polish offshore steel foundations manufacturer declared bankruptcy. ”On March 20, in the court Sąd Rejonowy Szczecin-Centrum XII Wydział Gospodarczy w Szczecinie an auction for the purchase of ST3 Offshore was held. The highest price offered was PLN 170,500,002,... Continue Reading →

SSE, Marubeni & CIP’s Floating Wind Farm in Scotland Could Have 270 Turbines and 6 Offshore Substations

SSE Renewables, Marubeni and Copenhagen Infrastructure Partners (CIP) have submitted the Environmental Impact Assessment (EIA) Scoping Report for the array area of their Ossian floating wind farm to Marine Scotland. According to the report, the wind farm could have up to 270 wind turbines and six offshore substations. The consortium won the development rights for the Scottish... Continue Reading →

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