Ageing wind assets, growing corporate demand and limited appetite for full repowering are favoring lifetime extension projects, increasing the importance of performance analysis. European lifetime extension (LTE) activity is set to hike in the coming years as feed-in tariffs expire and wind operators seek to maximize revenues from ageing assets.…

Lisbon, 21 October, 2019: The first WindFloat Atlantic platform with the turbine fully installed has set off from the Spanish Port of Ferrol towards its final destination 20 km off the coast of Viana do Castelo in Portugal. Once at the final location, the three floating structures –stretching 30 metres…

Seoul/Madrid/Oslo, 17 October, 2019 – WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the ambition to develop an initial 500MW floating wind farm off the coast of Ulsan Metropolitan City in South Korea. The consortium was formed as EDP Renewables, one of the top wind energy…

Additional government support and continued trade links with Europe are needed to ensure the UK remains a global leader in the deployment of floating offshore wind, according to a new report. Floating wind turbines are designed to generate power in deep ocean waters, typically where turbines fixed to the ocean floor…

Siemens Gamesa has pledged its further commitment to the growth of clean energy in Egypt through the construction of the 250 MW West Bakr Wind project which is owned by the renewable power generation company Lekela. Siemens Gamesa will install 96 SG 2.6-114 turbines through a turnkey EPC contract and will…

The largest academic centre in the world for research into robotics technology for offshore energy infrastructure, the ORCA[1] Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets. Creating solutions to some of the most challenging, hard to reach…

Acciona launches takeover bid for turbine group Nordex Spain’s Acciona has accepted a proposal from Nordex to a 10% increase in its share capital, triggering a mandatory takeover bid for the German group, Acciona said in a statement October 10. Nordex was the world’s eighth largest turbine supplier in 2018,…

A cross-practice team from Eversheds Sutherland has advised Glennmont Partners on its acquisition of a 211MW windfarm in Finland, marking its first investment in the Nordic market. Glennmont acquired the Piiparinmäki windfarm from Ilmatar Energy, a joint venture between Omnes-managed Capenergie 3 and Ilmatar Windpower plc. Construction for the project…

London, 2 October 2019: Cubico Sustainable Investments (Cubico), a global investor in renewable energy, backed by two of Canada’s largest pension funds, has announced that it has reached operations on a 600 MW renewable portfolio in Mexico. The portfolio comprises of the 250 MW Mezquite wind farm in Nuevo León…

Aquila European Renewables Income Fund (“AERIF” or the “Company”) the London-listed investment company advised by Aquila Capital Investmentgesellschaft mbh (“Aquila”) has today announced that it intends to acquire Aalto Wind No 2 Ltd Oy a Finish wind farm company. The planned acquisition completes the fourth investment since the successful Initial…