Iberdrola, through its start-up program Perseo, has invested in the start-up Revestimientos Técnicos Sostenibles (RTS) to promote its innovative solutions related to manufacturing insulation and anti-corrosion coatings, which have a direct use on offshore wind structures…
Iberdrola and Abu Dhabi Future Energy Company (Masdar) have completed the installation of all 50 wind turbines at the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea.When fully operational, Baltic Eagle will supply around 475…
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U…
Iberdrola has inaugurated Brittany’s first offshore wind farm, the 496 MW Saint-Brieuc project, which is also the second largest offshore wind farm in France.With an investment of $2.7 billion (€2.4 billion), the Saint-Brieuc project began development in 2012 and entered full operation in May 2024…
Danish firm Cadeler has signed firm contracts, valued up to $415 million, for the transport and installation of turbines and foundations for East Anglia TWO offshore wind farm, being developed by ScottishPower Renewables, part of Iberdrola Group…
Avangrid, the U.S. unit of Spain's Iberdrola, has closed the sale of Kitty Hawk North offshore wind lease are to Dominion Energy for approximately $160 million.The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid…
GE Vernova will remove some turbine blades installed at the Vineyard Wind offshore wind farm off the coast of Massachusetts following quality checks prompted by the failure of a blade in July, the company said on Wednesday.Progress on the still…
Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan's state auctions, two sources said, as it seeks a foothold in the fledgling market.Equinor's bid…
Certification body DNV has launched the second phase of its floating substation joint industry project (JIP), which aims to establish standards for offshore substations in the growing floating wind sector.The new phase will play a key role in refining guidelines and closing technology gaps…
UK-based tech-powered offshore wind solutions provider Rovco has been selected by Iberdrola to clear unexploded ordnance (UXO) in support of the development of the 315 MW offshore wind farm in the German Baltic Sea.Rovco carried out an investigation over several weeks…
Independent energy expert and assurance provider DNV has been chosen by Spanish company Iberdrola to perform power curve verification at the Bay of St. Brieuc offshore wind farm, employing advanced nacelle lidar technology.Situated 16 kilometers off Cap Fréhel in the Bay of St…
Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase.Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1…
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…
The Vineyard Wind offshore wind project off the coast of Massachusetts is shut down until further notice while authorities investigate a turbine blade failure that caused debris to wash up on beaches, a federal agency said on Tuesday.The U.S…
Avangrid, the U.S. unit of Spain's Iberdrola, has agreed to sell its Kitty Hawk North offshore wind lease area to utility firm Dominion Energy for about $160 million, the companies said on Monday.Located in offshore North Carolina, Kitty Hawk…