Electricity Generator Levy: New UK renewables projects to be exempt
Meanwhile capital allowances on investments — a form of tax relief designed to ease upfront costs — will remain in place, in a boon to renewables developers.
UK
Korea’s SeAH gets £367m financing for major UK wind factory
SeAH manufacturing plant in Teesside, the world’s largest of its type, will create 750 jobs.
JDR subsea cable manufacturing facility passes key construction milestones
The Northumberland facility will produce high and extra-high voltage subsea cables for the offshore wind sector.
Monitoring kicks off at Salamander wind site off Peterhead
The developers of a floating wind scheme off the northeast coast of Scotland have begun gathering wave, wind and weather data at the site.
First ever ScottishPower Renewables offshore wind apprentice graduates to permanent role
21-year-old Jovita Beeston takes on permanent role at East Anglia ONE wind farm after completing three-year apprenticeship.
Aberdeen’s OEG acquires Dutch subsea and topside services firm Bluestream Offshore
Aberdeen's OEG Energy Group makes fifth acquisition of 2023 as it continues renewables expansion push.
‘Strategic’ manufacturers to get billions of pounds in Treasury backing
Treasury will commit £960 million to a green industries growth accelerator plan covering carbon capture, hydrogen, nuclear energy and offshore wind
Aberdeen has ‘strong claim’ to get Labour’s GB Energy headquarters, Ed Miliband says
Labour's shadow climate secretary, visiting the north-east, said he wants the city to become the UK's 'clean energy capital'.
EODEX completes offshore unexploded munitions clearance at Moray West offshore wind farm
Aberdeen-headquartered munitions disposal firm EODEX UK has completed a "groundbreaking" clearance campaign at the site of the Moray West offshore wind farm.
Vestas hones in on Scotland for new wind turbine factory
“The North Sea is probably the most attractive area in the world for offshore wind,” Vestas CEO Henrik Andersen said.
UK Government ups price for offshore wind in next CfD auction
The UK government has increased the prices available for offshore wind in next year's Contracts for Difference auction round following disappointment.
‘Unfavourable’ weather hits wind power production at SSE
Energy company SSE (LON: SSE) doubled down on its outlook for the year even as poor weather conditions and delays to a wind farm hit power production at the company’s renewables arm.
Buchan Offshore Wind consortium completes site investigation for 1GW ScotWind project
The consortium behind the Buchan Offshore Wind project has completed its site investigations for its 1GW floating offshore wind farm in the Northeast of Scotland.
Scottish Government downgrades estimate of European offshore energy share
Ministers now say Scotland has around 10% of European Union offshore energy potential, down from previous claims of 25%
Continuum looks to recycle wind turbine blades into composite materials
Danish start-up Continuum has developed a world-first method of recycling wind turbine blades into composite building materials, and the company could potentially base its first factory in Scotland.
Stornoway deep water port taking shape
A new Stornoway deep water port, hailed as a “game-changer” for the region's renewable energy ambitions, is taking shape.
UK prepares to hike wind farm prices as developers struggle
The UK government is preparing to offer significantly higher subsidies for new offshore wind farms to get the country’s clean-power strategy back on track after developers shunned a previous auction.
Crown Estate plans to unlock additional 4GW capacity from seven offshore wind projects
The Crown Estate has set out plans to generate an additional four gigawatts from seven wind farms under development offshore England, Wales and Northern Ireland.
Vattenfall awards Aker Solutions £438m contract for Norfolk Vanguard West wind farm offshore platform
Vattenfall has awarded a NOK 6 billion (£438 million) contract to Aker Solutions for work on a 1.4 GW wind farm project under development off the coast of Norfolk.
Danish wind turbine manufacturer Vestas returns to profitability in Q3 results
Danish wind turbine manufacturer Vestas (DKK: VWS) has announced a return to profitability as it released its 2023 third quarter results.
UK Energy Minister to headline ETIDEX 2023 in Aberdeen
UK Minister for Energy Security and Net Zero announced as headline speaker for ETIDEX 2023.
Shetland pupils rename ESB-led floating ScotWind project
ESB has announced a new name for its 500MW floating wind farm off the coast of Shetland following a competition among local primary school children.
Flotation, Vårgrønn make INTOG partnership exclusive
The developers of two floating wind farms secured as part of the INTOG leasing round have signed exclusivity agreements, paving the way for development later this decade.
As wind industry struggles, investors brace for Orsted losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after warning of billions of euros in writedowns.
Vattenfall says keeping giant UK wind project remains an option
Sweden’s Vattenfall may still hold on to a UK wind project that it shelved over the summer, as talks continue with the government to improve conditions for developers.