Sunday, March 24, 2019

Copenhagen Infrastructure Partners News

Offshore Wind Players Bid to Supply NY

© Dawid S Swierczek / Adobe Stock

Several offshore wind players have submitted separate bids to supply New York with power from planned projects off the coast of Long Island.The proposals from Norway's Equinor and three joint ventures come in response to New York’s 800 MW procurement, its first formal solicitation targeted the developing U.S. offshore wind industry. The state is expected to choose a supplier this spring.Four proposers submitted a total of 18 bids…

Consortium Buys Veja Mate Offshore Wind

Image by Ingka Group

A consortium led by asset manager Commerz Real AG, WPD Invest, KGAL and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.Veja Mate offshore wind park in the North Sea  is the second-largest German offshore wind farm with 67 turbines and a capacity of 402 megawatts. The total investment comes more than two…

Offshore Wind Ready To Take Off in US

Image: Institute for Energy Economics and Financial Analysis

Up and down the East Coast, initiatives to develop a massive and largely untapped market can make sea change in American offshore wind, says the  Institute for Energy Economics and Financial Analysis (IEEFA).IEEFA pointed out that the big lease sales ($405 million) last month in coastal waters off Massachusetts for three federally owned tracts that didn’t sell at an auction in 2015 signal a sea change in how U.S.

Shutdown Risks Delays to US Energy Initiatives

© Lukasz Z / Adobe Stock

The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months, energy industry groups said on Friday.The U.S. Department of Interior had been expected to release its highly anticipated 2019 to 2024…

Europeans Sweep Record US Offshore Wind Auction

(Image: BOEM)

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of Ocean Energy Management (BOEM) announced the sale's three winners - Equinor Wind US LLC, Mayflower Wind Energy LLC, and Vineyard Wind LLC…

MHI Vestas Signs Tower Contract, Expands in Taiwan

Photo: MHI Vestas Offshore Wind

MHI Vestas Offshore Wind, a  joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract  with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei.MHI Vestas is firming up its localisation plans in Taiwan as the company held a signing ceremony today for the manufacture…

Beatrice Offshore Wind Farm Produces First Power

(Photo: Beatrice Offshore Windfarm Ltd.)

Beatrice wind farm off the Caithness coast in Scotland has generated power for the first time, operator SSE said on Thursday.Following installation of the first 7-megawatt (MW) turbine, the wind farm exported power to the National Grid, the firm added.The 2.6 billion pound ($3.4 billion) wind farm will be completed in spring 2019.

Taiwan: The Next Battleground for Offshore Wind

© Yauhen Suslo / Adobe Stock

Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3.8 gigawatts (GW) of capacity to its existing network of just 8 megawatts (MW).The island's offshore wind market is expected to expand to 5.5 GW by 2025…

Europe's Offshore Wind Industry Prepares for Atlantic Crossing

File Image: A Siemens offshore wind farm (Credit: Siemens)

Leases up for grabs off U.S. Atlantic coast; Europe leads industry but state support cooling. Yield-hungry investors in the offshore wind market are switching their sights to the United States as future support for the industry in Europe remains uncertain, leaving billions of euros looking for a new home. The shift in focus comes as three states on the U.S. east coast -- Massachusetts…

Subsea 7 Awarded $1bn Wind Farm Offshore UK Deal

Subsea 7 awarded  contract worth over $1bn Photo Subsea 7

Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2), for the engineering, procurement, construction and installation (EPCI) of the Beatrice wind farm turbine foundations and array cables, offshore Scotland, UK. Located in the Outer Moray Firth…