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Norway backs Arctic floating project with state grant

A floating offshore wind project planned for Norway’s Barents Sea inside the Arctic Circle has been ...

Record €30 billion invested in European offshore wind last year — WindEurope

Investment in European offshore roared back to record levels last year, and new capacity installatio...

Iberdrola and Norway’s oil fund double down on renewables in Spain and Portugal

Spanish electricity giant Iberdrola and Norway’s oil-based sovereign wealth fund have doubled their ...

Ørsted partner Eversource sees $1.6 billion hit on for-sale US offshore wind farms

New England utility Eversource Energy expects to take a hit of up to $1.6 billion on three US offsho...

Offshore wind investment hits record levels in 2023 – TGS – 4C Offshore

Last year was a global record for offshore wind investments, with developers reaching financial clos...

Ørsted makes final investment decision on Hornsea Three mega project

Ørsted has made a final investment decision (FID) on the Hornsea Three offshore wind farm currently ...

Copenhagen Infrastructure Partners targets 10GW renewables in middle-income countries

Copenhagen Infrastructure Partners (CIP) is looking to raise $3 billion to help finance more than 10...

Ørsted looks to recover $300 million in Ocean Wind 1 fees

Ørsted is seeking to recover $300 million that has been tied up in an agreement and guarantee with t...

Ørsted scraps giant New Jersey offshore wind projects

Ørsted will end development of its Ocean Wind 1 and Ocean Wind 2 projects off New Jersey, amid ongoi...

Corio and Rise buy $420 million stake in TotalEnergies' 3GW-plus offshore wind project in New York Bight

French oil company TotalEnergies has welcomed offshore wind specialist Corio Generation and New York...

Higher costs continue to hit North American wind

Wind developers in North America continue to face growing costs, with higher prices in financing, in...

Financial close for CIP's South Korean offshore joint venture

Copenhagen Infrastructure Partners (CIP) and energy firm SK E&S have reached financial close on what...

Northland expects financial sign-off for 1.1GW Polish offshore wind ‘in coming days’

Northland Power expects to reach financial close on a 1.1GW Polish offshore wind farm "in the coming...

Skyborn secures new funds for delayed offshore wind farm in Taiwan Strait

The consortium behind the 640MW Yunlin offshore wind farm has secured new funding to help finish its...

Ørsted sued over ‘unconstitutional $1 billion US offshore wind giveaway’

Opponents of offshore wind off New Jersey have sued the state and Ørsted over legislation to allow t...

Copenhagen Infrastructure Partners raises €5.6 billion for global renewables push

Copenhagen Infrastructure Partners (CIP) has raised €5.6 billion to invest in new onshore and offsho...

New Jersey approves offshore wind tax boost for Ørsted

New Jersey legislators have narrowly voted to allow Ørsted to retain federal tax credits for the sta...

CIP helps fund TagEnergy's €570 million renewables push

Australian energy firm Tag Energy has announced a $570 million green bond to fund its 4GW global pip...

'Inflation means some wind farms might not get built' – Ørsted finance chief

Soaring inflation, rising interest rates and supply chain bottlenecks mean some offshore wind farms ...

Construction to start on Noirmoutier et Îles d'Yeu wind farm after years of delays

Work on the Noirmoutier et Îles d’Yeu offshore wind farm in France is to begin this year after devel...

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