Rovco completes survey work for Cenos floating offshore wind farm
Rovco has completed survey work for the planned Cenos floating offshore wind farm in the Central North Sea.
offshore wind
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.
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.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
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.
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.
Orsted quits Norway offshore wind venture as cost crisis deepens
Orsted A/S (CPH: ORSTED) has withdrawn from a partnership developing offshore wind projects in Norway as the company grapples with big losses resulting from rising costs.
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.
Cairn Risk signs MoU to support Japan’s offshore wind sector
Scotland’s Cairn Risk Consulting and Horizon Ocean Management have signed a Memorandum of Understanding (MOU) to assess risks in the Japanese offshore wind market.
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.
DNV completes first phase of collaborative project to optimise floating wind substation design
Norwegian energy firm DNV has completed the first phase of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector.
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.
Updated: Orsted plunges on abandoned US wind plans, $4 billion writedown
Orsted A/S (CPH: ORSTED) shares slumped to their lowest level in six years after the Danish utility dropped two US wind projects and recorded 28.4 billion kroner ($4 billion) in impairments as the crisis in the wind industry is only getting worse.
World’s top renewable firms reel even as installations surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years even as deployments of clean energy head for an annual record.
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.
Goldwind profits plunged even as wind power surges in China
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues to offset some of the benefits of China’s surge in clean energy investment.
Global Underwater Hub report finds supply chain capability high, lack of project visibility threatening confidence
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.