(OE) Danish turbine maker Vestas has secured a firm order for 68 of its 15 MW-rated offshore wind turbines for Vattenfall’s Nordlicht 1 offshore wind project. The agreement is for the supply, installation, and commissioning of the turbines V236-15.0 MW. The scope of the contract includes a comprehensive five-year service and warranty agreement followed by... Continue Reading →
Netherlands Looks Into Reintroducing OW Subsidies to Encourage Bidders
(Reuters) The Dutch government is looking to reintroduce subsidies in its tenders for offshore wind farms, as prospective bidders are backing out of the current "zero subsidy" model. The Netherlands has managed to attract builders for its offshore wind farms without offering subsidies on electricity prices since 2017, but interest has waned due to rising... Continue Reading →
Vattenfall’s Wind Chief Resigns
(OE) Helene Biström, Vattenfall’s Head of Business Area Wind, has decided to step down from the position. Biström will remain in her role to ensure a smooth transition until a successor is appointed. “I truly love my job, and I continue to feel excited about the journey we are on. However, after 42 years of... Continue Reading →
CIP Orders Vestas Offshore Wind Turbines for 495MW Taiwanese Project
(OE) Danish wind turbine maker Vestas has secured an order from Copenhagen Infrastructure Partners (CIP) to supply offshore wind turbines for the 495MW Fengmiao I project off the coast of Taichung in Taiwan. The order includes 33 V236-15.0 MW turbines as well as a long-term comprehensive service agreement designed to ensure optimized performance of the... Continue Reading →
Bardex Corporation, Gabriel Engineering Partner Up for Floating Wind Moorings
(OE) Bardex Corporation and Gabriel Engineering Group have signed a memorandum of understanding (MoU) to collaborate on anchor, mooring, and precision-component technologies for floating offshore wind. The partnership will investigate development of a U.K. production facility for anchor, mooring, and 'jewellery' (precision component) systems, critical to the stability and efficiency of GW-scale floating offshore wind... Continue Reading →
Japanese Industry Partners Team Up for Floating Wind Commercialization
(OE) Kanadevia Corporation, Taisei Corporation, and Mitsui O.S.K. Lines (MOL) have signed a memorandum of understanding (MoU) to collaborate on the commercialization of floating offshore wind power generation. Kanadevia and Taisei, which specialize in construction and fabrication of floating foundations, and MOL, which has expertise in towing and mooring them, decided to share their knowledge... Continue Reading →
Vattenfall to build Germany’s largest offshore wind farm
(Reuters) - Swedish power utility Vattenfall said on Tuesday it has made a final investment decision for two wind farm projects in the German North Sea, Nordlicht 1 and 2, the first of which is expected to become Germany's biggest offshore wind farm. Vattenfall said in a statement it had agreed to buy back the... Continue Reading →
Engie Brasil to buy two hydro power plants for $523 million
(Reuters) - Power firm Engie Brasil said on Friday it had signed a contract to buy two hydro power plants in northern Brazil for about 3 billion reais ($523.2 million), according to a securities filing. Engie Brasil is buying the entities which hold the concessions to run the Cachoeira Caldeirao plant, located in Amapa state, and... Continue Reading →
Equinor Scales Down Climate Ambitions
(Reuters) Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities. The oil and gas producer in 2022 laid out short- and medium-term steps intended to achieve net zero emissions, including... Continue Reading →
RWE Cuts Back Planned Investments Citing ‘Global Uncertainty’
(Reuters) RWE, Germany's largest utility, on Thursday said it would cut investments by more than a fifth until the end of the decade, citing global uncertainty around renewable energy returns that has forced major sector players to pare back spending plans. Citing geopolitical risks as well as supply chain constraints, RWE said it was currently... Continue Reading →