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News, contracts & project milestones related to the Race Bank offshore wind farm.

Latest articles about Race Bank

Macquarie acquires GIB for £2.3bn

UK: A consortium led by Australian investment firm Macquarie has agreed to buy the UK government's Green Investment Bank (GIB) for £2.3 billion (€2.75 billion).

UK court blocks judicial review of GIB sell-off

UK: A last-ditch attempt to derail the sell-off of the state-owned Green Investment Bank (GIB), reportedly to Australian banking investor Macquarie Group, has been thrown out in the High Court.

Adwen prototype nears completion

GERMANY: The first prototype of Adwen's 8MW turbine with the record rotor blade is nearing completion at its test site in northern Germany.

Statkraft divests Dogger Bank stake

UK: Norwegian developer Statkraft has exited the Forewind consortium developing the four 1.2GW projects in the Dogger Bank zone.

Avangrid wins North Carolina auction

UNITED STATES: Iberdrola's US subsidiary has placed a winning bid of $9 million to obtain the development licence for the Kitty Hawk area off North Carolina.

Gaelectric and Ideol to partner on Irish floating projects

IRELAND: Irish developer Gaelectric and French platform specialist Ideol have signed a cooperation deal to develop a 30MW-plus project, with a view to expand into a "multi-gigawatt" portfolio

European TSOs to partner on island hub

EUROPE: Transmission system operators (TSOs) in the Netherlands, Germany and Denmark are to work together on developing power link on an artificial island in the North Sea.

Legal challenge to Green Investment Bank sale

UK: The government's decision to provisionally award the sale of the Green Investment Bank (GIB) is being challenged in court by a rival bidder.

Wind lender backs away from coal

GERMANY: Deutsche Bank, a major lender in some of Europe's largest offshore wind projects, has changed its approach to lending for coal projects.

MHI Vestas upgrades V164 to 9MW

DENMARK: Offshore turbine manufacturer MHI Vestas has completed an upgrade on its V164 turbine to increase output of 9MW, breaking the 24-hour generation record in the process.


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