WindEurope has published its annual Finance and Investment Trends report. It shows investor confidence in wind energy remains high. Europe invested €41bn in new wind farms in 2021. This is financing 25 GW of new capacity, a record. But the investments are falling well short of the 35 GW a year of new wind the […]

Eni’s renewable energy offshoot company Plenitude, has announced that it is to invest in EnerOcean S.L., the Spanish developer of the W2Power technology for floating wind power. The deal is structured as a long-term partnership focused on the deployment of the W2Power technology as a lead contender for floating wind power developments worldwide. With two […]

GreenIT, a joint venture between Plenitude and CDP Equity for the production of energy from renewable sources, and CI IV, a fund managed by Copenhagen Infrastructure Partners (CIP), have signed an agreement to develop two floating offshore wind farms in Sicily and Sardinia.Both projects are located more than 35 km from the coast and have […]

British company Savannah Energy has signed an agreement with the Niger authorities for the construction of its Tarka wind farm. The facility, which will be located in the Tahoua region, will have a capacity of 250 MW, making it one of the largest wind farms in sub-Saharan Africa. Niger could have a wind farm in […]

British energy company Chariot is joining forces with France’s Total Eren for a new project in Zambia. The two companies will produce 430 MW of solar and wind energy to power the mining facilities of the Canadian company First Quantum Minerals (FQM). The Chariot-Total Eren alliance has re-signed for a renewable energy project for mining […]

bp is partnering with Marubeni, the major Japanese integrated trading and investment conglomerate, to explore a selected offshore wind development opportunity in Japan. The two have agreed to form a strategic partnership for offshore wind and potentially other decarbonisation projects, including hydrogen.   As part of their agreement, bp will join with Marubeni in their proposal for an offshore wind project off the […]

TotalEnergies announces the start of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May 2021 alongside EGCO Group and a consortium of Japanese investors led by Sojitz. The Yunlin offshore wind farm has a capacity of 640 […]

Shell Energy Europe Limited (SEEL) has secured a 15-year power purchase agreement for 240 megawatts of power to be produced from phase C of Dogger Bank, the world’s largest offshore wind farm, bringing Shell’s total offtake to 720 megawatts. The agreement for phase C of the Dogger Bank Wind Farm follows an announcement in 2020 […]

Shell has signed an agreement with Irish leading blue economy developer Simply Blue Group to acquire a 51% share of their Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. This follows a similar agreement earlier this year to jointly develop the Emerald floating wind project off […]

Equinor has signed a Memorandum of Understanding (MoU) with Korean East-West Power (EWP) to cooperate on 3 GW of offshore wind projects in South Korea. Together the partners will contribute significantly to the country’s ongoing energy transition and development of an offshore wind industry in Korea. The Korean Government has set out an ambition to […]