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News & in-depth analysis of offshore wind power and business, companies, contracts and deals.
GERMANY/SPAIN: Siemens Gamesa Renewable Energy offshore wind CEO Michael Hannibal has resigned from his post, and will be replaced by former Senvion chief executive Andreas Nauen.
GERMANY: Innogy has issued a green bond worth €850 million to refinance four offshore projects in the UK and Germany and one onshore site in the Netherlands.
UK: Innogy has become the sole owner of the planned Triton Knoll wind project after buying Statkraft's 50% share in the 860MW site.
WORLDWIDE: New targets to defer or cancel 106GW of coal-fired capacity, substantial improvement in wind curtailment rates, and a potential ban on internal combustion engine sales, make China the most attractive country for investment in renewable energy, according to new analysis published today.
NORWAY: Four Fred Olsen companies are merging to form a single operations and maintenance (O&M) provider.
UK: The Offshore Renewable Energy Catapult (ORE Catapult) and the University of Hull will launch a centre of excellence for offshore wind operations and maintenance (O&M).
UK: Confidence was high in London for Europe's biggest offshore event the year. Political opposition is fading as fast as costs are falling, and the industry is looking forward to sustained growth.
UK: Bigger turbines and the creation of a local supply chain are raising expectations for the future of offshore wind in the UK. The next step could be looking at export potential.
NETHERLANDS: The announcement of the Borselle auction results was greeted by the offshore wind industry with a mixture of astonishment, delight, and (from competitors) a little concern. Dong Energy had beaten the €100/MWh levelised cost of energy (LCOE) barrier well ahead of schedule.
UNITED STATES: It has been a long time coming, but the US's first offshore wind project is now under construction. Deepwater Wind CEO Jeff Grybowski talks about the development of the 30MW Block Island and the company's plans for further growth in the sector.
CANADA: Offshore wind developer Trillium Wind Power is claiming the Ontario government knowingly destroyed documents related to a C$500 million lawsuit against the province. The suit stems from Ontario's 2011 moratorium on offshore wind development in the Great Lakes.