Business & finance

RSS feed

News & in-depth analysis of offshore wind power and business, companies, contracts and deals.

Latest news

Compete but cooperate on offshore, US states told

Compete but cooperate on offshore, US states told

The north-east US states are right to compete to build an offshore industry and create jobs in their jurisdiction, but they should also cooperate to avoid unnecessary costs to the consumer, the Business Network for Offshore Wind (BNOW) has said in a new report.

Glennmont eyes offshore wind with €850 million fund

Glennmont eyes offshore wind with €850 million fund

Fund manager Glennmont Partners has raised €850 million to invest in clean energy infrastructure projects across Europe, including its first forays into offshore wind.

EDP and Engie plan offshore JV

EDP and Engie plan offshore JV

EDP and Engie intend to create a 50:50 joint venture (JV) to develop fixed-bottom and floating offshore wind projects by the end of the year.

Challenges remain for rapid US offshore buildout

Challenges remain for rapid US offshore buildout

With the deadline looming to start work at the end of 2019 to qualify for tax credits, building a supply chain is the priority for the nascent US offshore wind sector.

New wind farms boost E.on's renewables profits

New wind farms boost E.on's renewables profits

E.on's planned takeover of Innogy is "right on schedule" with the necessary approvals expected later this year, despite an EC investigation into the deal.

RWE prepares for renewables growth with €5 billion loan

RWE prepares for renewables growth with €5 billion loan

RWE has secured a €5 billion credit line as it prepares to take over E.on and Innogy's renewable energy and gas storage businesses.

In depth

GE cuts losses to focus on Haliade-X

GE Renewable Energy will focus on the industrial strategy for its Haliade-X 12-14MW offshore wind turbine, after dropping the two French offshore projects earmarked for the firm's increasingly outdated 6MW model.

OPINION: Ørsted US shopping spree not just about capacity

Ørsted has spent more than $1 billion in the past two months, buying up more than just US wind capacity.

MHI Vestas' Kavafyan on staying on top

DENMARK: When Philippe Kavafyan took over from Jens Tommerup as MHI Vestas CEO earlier this year, his predecessor told him to 'learn to say no'. Windpower Monthly spoke to the former Adwen chairman about how he is picking his battles and where he plans to take the firm over the next four years.

OPINION: Making the most of the offshore wind boom

With the pace of offshore deployment increasing, the supply chain needs to keep pace. Here, vessel supplier Seajack's crewing manager, Ian Robertson, sets out the three major challenges facing the sector.

Poland outlines offshore ambitions

POLAND: With costs coming down, a pre-existing supply chain and other sites being developed nearby, Poland is well placed to develop and build a large-scale offshore market.

Latest Offshore Wind Jobs