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News & in-depth analysis of offshore wind power and business, companies, contracts and deals.
UK: Co-developer Statkraft has sold its 40% stake in the 317MW Sheringham Shoal project off England's east coast to fund manager Equitix.
UK: Selling the Green Investment Bank (GIB) before some of its investments had been fully constructed lost the government £63m (€78m), the government's spending watchdog, the National Audit Office (NAO) said.
TAIWAN: Siemens Gamesa Renewable Energy (SGRE) has opened a new office in Taipei and signed a memorandum of understanding (MoU) with the Taiwan International Ports to help launch the country's offshore sector.
UK: Siemens Gamesa Renewable Energy's (SGRE) blade factory at the Green Port Hull facility in the northeast UK has directly created 1,063 jobs and supported a further 1,282 in the local supply chain, according to a new economic impact study.
WORLDWIDE: The oil and gas giants are showing some appetite for renewables, with offshore wind looking the most likely beneficiary. But their investments in clean energy still remain minuscule in comparison with their fossil-fuel interests.
AUSTRALIA: Danish fund manager Copenhagen Infrastructure Partners will team up with Australian developer Offshore Energy to deliver the country's first offshore wind farm.
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.