The Galloper windfarm has become the first UK project to be backed by the European Fund for Strategic Investments (EFSI). The European Investment Bank will provide £225 million for the 56-turbine windfarm.
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Statoil has taken a final investment decision on the Hywind pilot project using floating wind turbines.
WoDS Transmission has paid £269 million to acquire the link connecting the West of Duddon Sands windfarm to the GB network.
Major offshore wind developers including Dong Energy, A2Sea and London Array did not infringe patents on technology that allows wind turbines better to ride out stormy weather, the High Court has determined, but the case sounded a warning for comp
Dong Energy is acquiring the Hornsea Zone, including Projects Two and Three, from Mainstream Renewable Power and Siemens Financial Services (SFS).
The Forewind consortium has relinquished development rights to offshore wind projects that could total 2.4GW, saying it wants to focus on the four projects (Creyke Bank A and B, Teesside A and B) that have development consent.
Seabed owner The Crown Estate has signed a project-specific deal with the Navitus Bay Development consortium, comprising EDF Energy Renewables and Eneco.
The cost of offshore wind is falling more rapidly than expected and it will continue to do so throughout the 2020s, according to a report from consultants BVG Associates produced for Statkraft. It listed the reasons:
Dong Energy is to proceed with the Race Bank offshore wind farm, the company has announced. It will be built under the Renewables Obligation, earning 1.8Rocs/MWh.
E.On has placed an order for 116 3.25MW turbines from Vestas – claimed as the UK’s largest single turbine order – for the energy company’s Rampion wind farm, to be built 12km off the south coast of England.