Business & finance

RSS feed

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

Latest news

EDPR and Aker Solutions plan 500MW South Korean floater

EDPR and Aker Solutions plan 500MW South Korean floater

EDP Renewables (EDPR) and offshore engineering firm Aker Solutions have bought into a consortium with WindPower Korea to develop a 500MW floating wind farm off Ulsan, South Korea.

Ideol signs deal for concrete foundations in Japan

Ideol signs deal for concrete foundations in Japan

French foundation specialist Ideol will work with Japanese construction company Taisei Corporation to develop concrete foundations for floating offshore wind projects using its damping pool design.

JERA expands in Taiwan as first wind farm completed

JERA expands in Taiwan as first wind farm completed

Japanese energy group JERA has agreed to acquire a 49% stake in the 376MW Formosa 2 project being developed off the west coast of Taiwan, while the last turbine has been installed at the country's first large-scale offshore wind farm.

RWE completes E.on renewable assets acquisition

RWE completes E.on renewable assets acquisition

RWE's installed renewable energy portfolio now stands at more than 9GW, making it one of the world's largest operators following its deal with E.on.

Eni and Mainstream join forces for UK's Round 4

Eni and Mainstream join forces for UK's Round 4

Italian oil and gas group Eni and wind and solar developer Mainstream Renewable Power will jointly participate in the UK's fourth offshore lease round, kicking off a collaboration to develop renewable assets across Africa and Southeast Asia.

Equinor enters Chinese offshore wind

Equinor enters Chinese offshore wind

Norwegian state-owned firm Equinor will work with China Power International (CPIH) on developing offshore wind projects in Europe and China, placing the oil and gas major in a prime position to benefit from the Asian market's unprecedented growth in the next decade.

In depth

Rush to beat subsidy end puts the squeeze on supply chains

China might struggle to meet growing offshore demand, while construction and connection bottlenecks could lead to project cancellations in the US.

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.

The hot and cold markets of 2019 so far

As we reach the mid-point of the year, Windpower Monthly takes a look at which markets are on a hot streak, and which are suffering from a freeze in installations.

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.

Latest Offshore Wind Jobs