(Bloomberg) -- Macquarie Asset Management is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away. Corio Generation Ltd., the fully owned offshore wind unit of the Australian financial giant, along with partners including TotalEnergies SE, plans to... Continue Reading →
BlueFloat, Renantis and Ørsted Move Forward with 1 GW Scottish Floater
(OW) Stromar Offshore Wind Farm Limited, a joint venture between Ørsted, BlueFloat Energy, and Renantis, has submitted the environmental impact assessment (EIA) scoping and habitats regulations appraisal (HRA) screening reports for the 1 GW floating offshore wind farm in Scotland. The reports for the project, which is located approximately 50 kilometres from the Port of... Continue Reading →