Octopus takes stake in disruptor of floating turbine tech
Wind farms soon to float on the globe’s oceans and lakes are set to get cheaper and faster to build, following an investment today...
Greencoat pays £400 million for eighth of Hornsea 1, world’s biggest offshore wind farm
The purchase from current half-owners Global Infrastructure Partners is expected to complete before this October.
It will leave ownership of the 1.2 GW Hornsea 1...
Turbine maker Siemens Gamesa faces Hull workers’ strike ballot over pay
Around 300 Siemens Gamesa workers in the firm's Hull wind turbine factory are being balloted for strike action over pay, the UK’s biggest union...
Magazine ranks Octopus as UK’s most ethical energy supplier. BG, EDF & Shell are...
Octopus Energy has been awarded a perfect score of 100 for ethical accreditation by The Good Shopping Guide, ranking it Britain’s most scrupulous energy...
Amazon backs Moray West & Ocean Winds with 473MW PPA
Data colossus Amazon has signed a corporate power purchase agreement with ENGIE, increasing its share of output from developer Ocean Winds’ Moray West venture...
World’s biggest floating wind farm approved for off Aberdeen
Green Volt, at 560MW expected by 2029 to be the world’s largest collection of floating wind turbines, bobbed up today with planners’ final blessings.
A...
SSE pledges £153 million to enter offshore wind in Japan
SSE Renewables has allied with one of Japan's biggest wind power developers, to pursue offshore projects around the nation’s islands.
The Perth-based generator-developer today said...
Shell’s 2021 profits quadruple
As 25 million British consumers awaited news this morning of a new Ofgem-sanctioned price cap set push energy bills up an eye-watering 50%, fossil...
Ørsted signals final green light for Hornsea 3
Hornsea 3, at 2.9GW the world’s biggest projected wind farm, has won final construction approval from franchisee Ørsted, the developer’s directors confirmed yesterday in...
Vood you believe it? Germany debuts world’s first lumber-sourced turbine blades
The sustainability of materials used to generate electricity through wind power took a step forward today, as a German manufacturer announced a prototype turbine...
Ørsted to pump Hornsea 3 juice into 600MWh battery near Norwich
Wind power developers Ørsted are committing to store electricity from their 1.2GW Hornsea 3 marine farm next to a substation at Swardeston, near Norwich
The...
Report shows floating wind could be the UK’s industrial opportunity of the century
A new report by the joint Government-industry Floating Offshore Wind Taskforce shows that floating wind could be this century’s biggest British industrial success story...
Octopus Energy surpasses $2 billion offshore wind investment in 2 yearsÂ
Octopus Energy’s generation arm surpasses $2 billion of offshore wind investments in two years, as it accelerates the roll-out of offshore wind globally.
The announcement...
Schroders Greencoat’s 25% purchase values London Array at £2.89 billion
Investors Greencoat UK Wind plc are buying Orsted's quarter stake in the London Array offshore wind farm, aided by other funds also managed by...
50GW target for offshore wind this decade ‘will be missed’, Cornwall warns
The government will likely miss its goal for 50GW of offshore wind capacity operating by 2030, new calculations from respected consultants Cornwall Insight predict. ...
“Generational change”, as much as losses, spins turbine boss out of the door
Jochen Eickholt, pictured, head of turbine maker-in-a-spin Siemens Gamesa, is to quit both his post and the company this summer, the victim of restructuring...
Britain heads Europe’s offshore turbine boom, says trade group
2023 was the best year on record for new marine wind power across Europe, trade body WindEurope reports. Â A total of 4.2GW of offshore...
Renewables output in 2023 ‘enough to power all UK homes‘, ECIU calculates
Academics at the Energy & Climate Intelligence Unit say the 90TWh of electricity generated in 2023 by Britain’s wind, solar and hydro sectors alone...
VPP champ Octopus Maxes out, permits firms to spread single-site clean generation UK-wide
Green-exclusive generator Octopus Energy, Britain’s third biggest supplier, is enabling multi-site companies who self-generate their renewable power to spread it between sites, even nationwide.
The...
Wind farms to pay back £660 million, as levies lead to lower costs
Britain’s investment in renewables, supported by ‘green levies’ on energy bills, is lowering electricity costs, with some of Britain’s oldest, more expensive wind projects...