Copenhagen Infrastructure Partners (CIP) has unveiled plans to build an artificial island in the Danish North Sea, where it would cluster large-scale green hydrogen facilities powered by offshore wind.
K2 Management (K2M) has completed its pre-financial close due diligence work for the third phase of what will be the world’s largest offshore wind farm.
By Alistair Phillips-Davies Chief Executive Officer of SSE
As SSE commits to invest £15m in the UK’s largest turbine tower manufacturing facility in the Scottish Highlands, CEO Alistair Phillips-Davies says the scale of the company’s ambition and pipeline in offshore wind is behind its decision to inject the funds needed to make Nigg Offshore Wind happen.
TotalEnergies SE is weighing taking a stake in what will be the world’s largest offshore wind farm, according to people familiar with the matter, as the French oil major continues to flex its green credentials.
By Dylan Mitchell, director of wind and new energy at Akselos
Following the ScotWind leasing round closing on Friday 16 July, there is now great anticipation to see which applications to build Scotland’s next generation of offshore wind farms are successful.
By Neil Hehir, Legal Director and energy sector specialist at Pinsent Masons
Many businesses which are traditionally linked to the North Sea oil and gas sector are uniquely positioned to take advantage of the high octane charge towards energy transition.
Hundreds more green jobs are to be created in the UK after wind turbine contracts for what will be the world’s largest offshore wind farm were finalised.
Equinor said today that higher oil and gas prices and strong financial performance from its renewables segment drove the company to its best quarterly results since 2014 in Q1.