News & in-depth analysis of RES's offshore wind energy business, contracts and deals.

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Latest articles about RES

Investment consortium buys 80% Veja Mate stake

A consortium of investment funds has agreed to buy 80% of the shares in the 402MW Veja Mate wind farm in the German North Sea.

GE plans offshore wind job cuts

GE Renewable Energy is looking to cut jobs in its offshore wind unit based in France, because of delays in getting final approval for the country's offshore projects.

US offshore is making up for its slow start

The surprise bidding war seen in December's Massachusetts auction marked the first stage of a noticeable acceleration in the US offshore industry, which had been gathering pace since the country's maiden project -- the 30MW Block Island off Rhode Island -- was completed in 2016.

German offshore production growth slows

Offshore wind farms in the German North Sea produced nearly 5% more in 2018 than in the previous year, data released by transmission system operator (TSO) Tennet reveals.

Ørsted stops Taiwanese activities

Ørsted has halted project development in Taiwan after missing a deadline to sign power purchase agreements (PPAs) with more valuable tariffs for two wind farms.

BOEM 'blown away' by offshore lease bidding frenzy

Records were shattered as operators bid a combined total of $405 million to secure three lease areas for offshore wind development off Massachusetts. Equinor, Vineyard Wind and Mayflower Wind Energy were the last names standing.

Ørsted ups its ambitions for offshore wind

DENMARK: Wind developer Ørsted has lifted its 2025 target for offshore wind capacity from 11-12GW to 15GW as part of a DKK 200 billion (€26.8 billion) investment in renewable projects.

Updated: Japanese offshore bill reintroduced

JAPAN: The cabinet has again approved a bill for the promotion of offshore wind after it was not passed before the end of this summer's parliamentary session.