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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK

Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […]

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Equinor and SSE Reach Financial Close on World’s Biggest Offshore Wind Farm

Dogger Bank wind farm owners, Equinor and SSE, have announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within offshore […]

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What Next for China’s Offshore Wind Industry Post-2021: GWEC

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […]

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Total Enters Floating Offshore Wind Sector in France With Latest Acquisition

Total has become a 20% shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan in France. French multinational integrated oil and gas company Total has announced that it has become a 20 percent shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the […]

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8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea

8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to […]

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RWE Renewables to Extend Four Offshore Wind Farms in the UK

RWE Renewables and its project partners have signed agreements for lease for developing four projects in the UK to extend the existing four offshore wind farms RWE Renewables and its project partners have signed with The Crown Estate Agreements for Lease for developing four projects in the United Kingdom (UK) to extend the existing four […]

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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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