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UK offshore down to £39.65/MWh, with 5.4GW awarded
Offshore wind strike prices fell by almost a third, with nearly 5.5GW awarded across six offshore wind farms in the UK's latest contracts for difference (CfD) tender.
'Price cannibalisation' warning after UK tender
Offshore wind prices were reduced by nearly a third in the UK's third contract for differences (CfD) tender, but falling market prices could dampen the effect of these cost reductions by the time the successful projects come online, an industry analyst has warned.
Virginia utility plans 2.6GW-plus offshore wind farm
Virginian utility Dominion Energy has announced plans for a 2.6GW-plus offshore wind project that it hopes to fully commission by 2026.
PROJECT UPDATES
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United States GE's Haliade-X in line for debut at Ørsted's US projects
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United Kingdom UK 7GW leasing round to open next month
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Taiwan Taiwanese nacelle assembly lease signed by SGRE
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Policy
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In Depth
Further US setback as Vineyard delayed -- updated
The 800MW Vineyard Wind has been delayed as a result of a federal review into offshore wind's impact on the US. Will offshore wind ever truly take off in the country?
Macquarie benefits from Unicredit's Bard Offshore 1 write-off
What has Macquarie Infrastructure and Real Assets (MIRA) bought in its takeover of Ocean Breeze Energy, owner of the 400MW Bard Offshore 1 project in the North Sea?
Ørsted's US win a "vindication", says WoodMac
Having struggled to succeed since it entered the US market in April 2015, the fact that Ørsted now has over 3GW of contracted wind capacity is a "vindication" of its decision to cross the Atlantic, says Wood Mackenzie Power and Renewables (WMPR) senior analyst Anthony Logan.
Opinion
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United Kingdom UK offshore wind 'on the right course'
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United States Shell's entrance could transform the US offshore industry
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United Kingdom Analysis: UK keeps a tight rein on offshore expansion
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United States OPINION: Ørsted US shopping spree not just about capacity
Latest Offshore Wind Jobs
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JSM Associates: Offshore Renewables EIA Consenting Project Manager
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