The Blog - What’s happening in wind

Posted

07/12/2016

Author

Adam Barber

A day at sea: the energy behind the energy

In offshore wind, few things are constant.  However, one thing that is, is that everyone in the industry always – without fail - has an opinion on how the market is shaping up. 

They’ll tell you how you can cut costs, how you can create greater efficiencies, how you can streamline project management or how you can use new and existing kit more effectively to drive future progress.

But just h ...

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Posted

11/07/2016

Author

William Rees

Dong hits key milestone with Dutch deal

Dong Energy’s latest offshore wind tender win marks a milestone moment for the sector. The Danish utility has agreed to break the €100/MWh barrier.

Earlier this month, Dong won the Dutch government’s tender to develop Borssele 1 and 2, two 350MW developments in waters off the coast of the Netherlands. In doing so, the firm agreed a strike price excluding transmission of €72.70/MWh for the first ...

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Posted

30/03/2016

Author

Guest Author

Know Your Buyer: Five Investor Profiles For Beginners

Guest post by Kenn Righolt, chief executive at Green Dealflow

For a novice seller, many investors seem to have near-identical interests and concerns.

However, once we start digging deeper through interviews and negotiations, we realise how differently investors approach their investment decisions. If you are selling a project then it is obvious that you want to achieve the best possible pric ...

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Posted

24/02/2016

Author

Guest Author

A Breath of Fresh Air for Spanish Renewables?

Guest post by Rodrigo Berasategui, finance partner, and David Diez, regulatory partner in the Madrid office of law firm Watson Farley & Williams. They advised on the €528m financial restructuring of Olivento, Spain’s largest onshore wind portfolio refinancing.

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Changes to renewable energy subsidies in Spain have led to the refinancing of a majority of portfolios in the country during t ...

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Posted

17/02/2016

Author

Anna Thorne

Troubled OWS struggles in a competitive field

German services provider Offshore Wind Solutions revealed this month it is looking to cut 100 jobs —or one-third of its workforce —after failing to secure sufficient work in the North Sea. This problem has been a long time coming.

So far, the firm’s fortunes have been tied up with the 400MW Bard Offshore 1, which is Germany’s largest operating offshore wind farm and has a troubled history. In f ...

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Posted

17/11/2015

Author

Richard Heap

The show goes on for EWEA in Paris

We like to think we are old hands at this conference business. But it was with heavy hearts that we headed out to the EWEA annual conference that started in Paris on Tuesday.

You should not need us to explain the reason. The terror attacks in the French capital on Friday left nearly 130 people dead and have appalled the world. It would have been easy for EWEA to put this annual conference on ho ...

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Posted

04/11/2015

Author

Richard Heap

Galloper Shows Green Bank Remembers Core Mission


This time last year RWE’s offshore wind project Galloper did not look like a thoroughbred race horse. In fact, it looked like the utility had already sent it to the knacker’s yard.

In March 2014, co-developer SSE exited the project and then, in October, RWE Innogy axed plans to develop the 68-turbine 336MW project off the UK’s east coast because it saw it as too financially risky. But that di ...

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Posted

25/09/2015

Author

Guest Author

Top 5 ways to optimise wind farm performance

Guest post by David Cunningham, cleantech and renewables analyst at SgurrEnergy.

You can also download our free report on wind farm optimisation, produced in association with SgurrEnergy. 'Wind farm optimisation' is available to download here.

The wind market is maturing, which means owners and operators are increasingly looking to enhance returns by managing their assets more effectively.   ...

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Posted

20/07/2015

Author

Guest Author

Ten-plus years of lessons in offshore wind project finance

Guest post by Ked Shayer, an offshore wind energy advisor for Mott MacDonald who has worked on high-profile offshore wind projects such as Walney, Cape Wind and Gemini.

The appetite for financing offshore wind projects is growing, with a wide range of investors interested in accessing an attractive and cash hungry market. So what can offshore wind developers do to de-risk projects and attract t ...

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Posted

22/06/2015

Author

Guest Author

Building Offshore Wind In Indian Waters

Guest post by Charles Yates, managing director of CmY Consultants.

The Indian government has plans to radically increase renewable energy generation in India and is actively seeking foreign help to do this.

The government has set a target of more than doubling the existing 21GW of wind generation to 45GW by 2020, and foreign investment is critical to funding the new renewable energy projects ...

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