General Electric Co's plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said.Earlier on Tuesday,…
Iberdrola has taken full control of two wind projects it has been developing off the U.S. coast with Copenhagen Infrastructure Partners (CIP), as part of a global ramp-up of its offshore business.The European wind power leader's U.S. unit Avangrid will pay $167…
Aker Offshore Wind, Ocean Winds, and Statkraft have agreed to jointly bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area offshore Norway.The equal partnership will submit an…
Britain said it had attracted nearly 10 billion pounds ($13.72 billion) from global investors to fund its green regeneration agenda, as it hosted an investment summit involving 200 of the world's top financiers and executives.The summit marks post-Brexit Britain's biggest push to woo investors…
Avangrid, a U.S. subsidiary of the Spanish renewables giant Iberdrola, has appointed Bill White and Jose Antonio Miranda as Co-Presidents & CEOs of Avangrid Renewables. White will serve as Offshore President & CEO and Miranda will serve as Onshore President & CEO effective immediately…
TotalEnergies, a French oil major working to increase its involvement in the renewable energy industry, has with Macquarie’s Green Investment Group and Scottish developer RIDG, announced their bid for an offshore wind project in an area west of the Orkney Islands…
Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology.The facility earned BP Plc more than $650 million in profits in 2019…
InfraStrata, a UK-based company that will soon be renamed Harland & Wolff, has signed a Memorandum of Understanding (MoU) with Spanish companies Navantia and Windar to target specific fixed and floating wind projects primarily within the UK…
A consortium composed of DEME Concessions NV, Qair Marine SAS, and Aspiravi International NV called Thistle Wind Partners (TWP) has revealed its participation in Crown Estate Scotland’s ScotWind seabed leasing process. ScotWind is a seabed leasing round…
Iberdrola is looking to new markets to help fuel growth and could even consider spinning off its offshore wind business to raise funds, the global wind power group said on Wednesday.In first-half results, Europe's biggest wind power group said…
BW Offshore, an Oslo-listed firm best know for its FPSO leasing business in the oil and gas sector, said Wednesday it had, together with U.S. renewable energy and utility company Invenergy, submitted bids to develop up to 5.4 gigawatts of offshore…
ScottishPower Renewables, part of the Spanish renewables giant Iberdrola, has granted industrial sponsorship to Proserv Controls for its subsea cable condition monitoring system for the offshore wind segment.The system, called Electro Cable Guard…
Oil and gas major Shell and Iberdrola-owned Scottish Power said on Friday they had joined forces to bid to develop large-scale floating wind farms off the coast of Scotland.The companies said they had submitted proposals for the potential projects as part of Scotland's offshore wind leasing round…
Spanish renewable energy giant Iberdrola has awarded the final key contract for the construction of its Baltic Eagle wind farm in Germany.The contract is for the construction of offshore foundations, and the winners of the order are EEW SPC and Windar…
Offshore wind turbine maker Vestas said Wednesday it had finalized the turbine supply deal with Spanish renewables giant Iberdrola for the Baltic Eagle offshore wind farm in Germany.The wind farm is being developed off the island of Rügen, in German waters of the Baltic Sea…
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