Europe Installs 1.9 GW Offshore Wind Capacity in H1
Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations. This includes Hornsea 1 in the UK which, when completed, will be the world’s largest wind farm with 1.2 GW.In the first half of 2019 Europe invested €8.8bn in the construction of future wind farms, €6.4bn in onshore wind and €2.4bn in offshore wind. These investments will result in 5.9 GW being installed and grid connected over the next two to three years. France and the Netherlands led investments.WindEurope Chief Policy Officer Pierre Tardieu said: “It was a good start to the year for offshore wind growth.
Van Oord, SGRE Win Windpark Fryslân Job
The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in the Netherlands.The large-scale nearshore wind farm is to be built in the Frisian part of the IJsselmeer in the Netherlands to Zuiderzeewind.Signed in Amsterdam, the conditional contract comprises the construction of the 380-plus MW nearshore wind farm as well as service operations for at least 16 years following completion.Van Oord – Siemens Gamesa were named preferred contractor for the project on 3 August 2018. The final investment decision is expected to take place in the third quarter of 2019.The Windpark Fryslân project is to be built in the IJsselmeer to the south of the Afsluitdijk near Breezanddijk.
Infigen Energy Mulls Shedding U.S. Wind Farms
Australia under pressure to fix renewable energy target deadlock; 45 wind farm projects stalled. Australian wind farm operator Infigen Energy Ltd is exploring the sale of 18 U.S. wind farms, worth about A$500 million ($409 million), so they escape impact from the uncertain future of Australian state rebates for renewable energy firms. Infigen has hired advisers to consider ways of splitting U.S. assets from its six Australian wind farms, so consequences suffered by Infigen from a political deadlock over the rebates would not filter down to assets on the other side of the world, Managing Director Miles George told Reuters on Wednesday. "We have contemplated ... the possibility of separating our Australian and U.S. businesses so that the U.S.
European Offshore Wind: Financiers Can Invest, But ...
The offshore wind industry needs between EUR90 and EUR123 billion by 2020 to meet its 40 GW target
, and equity and debt providers are willing to invest, but they fear regulatory instability considers the the European Wind Energy Association (EWEA). What's blocking the needed investment is the uncertainty caused by changing regulatory frameworks, not least in the two largest markets, the UK and Germany, an independent survey of the financial community shows. By undermining investment stability…
DIVEX Wins Funding From Carbon Trust
International diving equipment technology company Divex are delighted to announce they have been selected by the Carbon Trust for support within the Offshore Wind Accelerator (OWA) programme for their Launch and Recovery technology. The Offshore Wind Accelerator (OWA) is a project launched between the Carbon Trust and eight of the leading international offshore wind farm developers to help meet the European Union’s 15% renewable energy target for the UK. The aim of the OWA is to drive down the cost of offshore wind by focusing on four research areas: Foundations…
