Northland Power has raised C$281m ($222.8m) through both public and private share offerings, and will use part of net proceeds to help finance its 332MW Nordsee One offshore wind project in Europe and 100MW Grand Bend onshore facility in Ontario.
For some supporters of wind energy, the very idea of a floating turbine being used to help bring out oil from offshore fields may seem like arming the enemy — putting off the day when clean energy finally takes over from fossil fuels.
06 March 2015 08:43 GMT
Between now and the end of the decade, more than 20,000km of industrial-gauge submarine cable — enough to stretch halfway around the world — will have been reeled out in European waters to bring ashore tens of gigawatts of offshore wind power.
06 March 2015 08:36 GMT
French technology outfit Nass&Wind's floating M3EA (Marine Measurements for Meteorological and Environmental Assessment) platform has been given a stamp of approval by DNV GL, following trials of the prototype in the English Channel.
05 March 2015 04:50 GMT
Lorry Wagner never hesitated. To get America’s first freshwater offshore wind farm afloat, the president of the Lake Erie Economic Development Corporation (LEEDCo) turned to Europe for help with critical engineering and technical expertise, and financing.
05 March 2015 03:41 GMT
Amid the desolate, empty vastness of Abu Dhabi’s windswept Al Gharbia region, surrounded by rolling, whitish-orange sand dunes, lies an oddly beautiful conglomeration of pipes, generators, industrial fans and parabolic troughs laid out in rows with mathematical precision.
05 March 2015 08:47 GMT
Swedish utility Vattenfall is still confident of building a controversial offshore wind test site in Aberdeen Bay, Scotland, but said the “emphasis” of the project may shift from turbines towards innovations in associated fields such as O&M.
03 March 2015 03:53 GMT
The Bureau of Ocean Energy Management (BOEM) is moving ahead with a competitive wind lease sale off the coast of New Jersey, even though the state has failed since 2011 to enact a market mechanism to incentivize the sector as required by law.
27 February 2015 04:13 GMT
The cost of offshore wind power off Britain has dropped by almost 11% since 2011, putting it well on track to reach the government's target of hitting £100/MWh ($154/MWh) by the end of the decade, according to a new report from industry body the Offshore Renewable Energy (Ore) Catapult.
27 February 2015 09:43 GMT
Spain’s Iberdrola will be solo developer of the UK’s East Anglia 1 offshore wind project – today awarded CfD support by the UK government – after buying the 50% share it does not own from partner utility Vattenfall.
26 February 2015 10:08 GMT
Close collaboration between key players in the public and private sectors will drive future growth in the fledgling US offshore wind sector, Abigail Ross Hopper, new director of the Bureau of Ocean Energy Management (BOEM), tells Recharge.
25 February 2015 05:57 GMT
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