Windstream Energy scored a major legal victory against Canada for having had its 300MW Wolfe Island Shoals project in Lake Ontario sidelined by a provincial offshore wind moratorium in 2011 – winning C$28m ($21.3m) in damages and re-opening a pathway for the project to get built.
14 October 2016 03:53 GMT
GE has finally taken the step to buy the dominant independent supplier to the industry, LM Wind Power, from its UK private equity owners, after following a range of different strategies for blade design and supply over the last decade or so.
13 October 2016 11:14 GMT
It must have been a disappointment when GE didn’t get the nod to buy Adwen this summer, an acquisition that would have fitted perfectly into its strategy of beefing up its offshore wind business by adding an 8MW machine.
11 October 2016 02:40 GMT
The Dutch government and wind industry executives expect prices at the 700MW Borssele 3&4 offshore wind tender that is closing today to fall even further than the then the record-low €72.70 ($81.6) per megawatt hour reached at the auction earlier this year for the adjacent Borssele 1&2 area.
29 September 2016 01:02 GMT
Dutch offshore contractor GustoMSC has inked a break-through memorandum of understanding (MoU) with Halla Wind Energy and Korean Maritime Consultants (KOMAC) to design a first floating wind turbine for the Dongbu project off Jeju Island.
29 September 2016 08:28 GMT
Britain is going to reap the profits of early tendering strategies for its offshore wind development, despite its 2020 build-out targets having slipped by almost half to 10GW in the past five years, says Samuel Leupold, chief executive of Danish developer Dong Energy’s offshore wind division.
28 September 2016 08:53 GMT
In a big vote of confidence in the future of Canadian offshore wind, Danish fund manager Copenhagen Infrastructure Partners (CIP) has entered a partnership with Beothuk Energy, starting with the joint development of the 180MW St. George's Bay project off the coast of Newfoundland.
28 September 2016 01:07 GMT
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