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

Latest articles about Race Bank

Ireland 'missing out' on offshore wind benefits

IRELAND: Offshore wind is the only technology with the scale and deployment capability to help Ireland meet its future energy demand and EU renewable targets, according to a new report.

New offshore wind increases Ørsted's profits

DENMARK: Ørsted's operating profit rose 14% in the first nine months of the year, with the increase being primarily driven by newly commissioned wind farms.

European funding for floating firms

PORTUGAL: The European Investment Bank (EIB) will loan €60 million to the Windplus consortium to develop the 25MW pre-commercial WindFloat floating wind project 20km off Portugal.

Northwester 2 reaches financial close

BELGIUM: Parkwind and Sumitomo Corporation have raised around €700 million and reached financial close on their 219MW Northwester 2 offshore project.

Cabling starts at Taiwan's first utility-scale project

TAIWAN: Onshore cable installation works have begun for state utility Taiwan Power's 109.2MW Changhua offshore wind farm.

Eight UK sites up for extension

UK: The UK's Crown Estate has accepted eight offshore wind projects for investigation to potentially double their capacity.

Ørsted sells 50% of Hornsea One

UK: Ørsted has agreed to divest half of its 1.2GW Hornsea Project One to investment firm Global Infrastructure Partners (GIP) in an initial deal worth more than £3.5 billion (€3.9 billion).

Japanese investment takes Triton Knoll to financial close

UK: Innogy has ordered the go-ahead for the 860MW Triton Knoll offshore wind project in the North Sea after completing the £2 billion (€2.23 billion) financing for the project.

JDR Cables awarded Hornsea Two contract

UK: JDR Cables will supply and connect some of the inter-array cables at Ørsted's Hornsea Project Two, which is being built off the Yorkshire coast in the north-east of the country.

Sumitomo buys Northwester 2 stake

BELGIUM: Japanese investment firm the Sumitomo Corporation has acquired a 30% share in Parkwind's 219MW Northwester 2 wind farm.

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