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Seaway7 to provide ScottishPower’s East Anglia offshore cables

ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea.  The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK government’s Contracts for Difference (CfD) round in…

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European clean energy stocks fall amid Trump’s victory and policy concerns

European clean energy stocks declined sharply following Donald Trump’s US presidential election victory, triggering investor concerns over potential setbacks in US renewable energy support and climate policy.  Trump has signaled intentions to halt offshore wind projects and undo several climate regulations established by Joe Biden, including the Paris Agreement and the Inflation Reduction Act’s clean energy incentives. Following the election, shares of offshore wind developer Ørsted fell by up to 14%, while wind turbine makers…

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Cadeler secures turbine installation contract for UK’s EA 2 wind farm

Cadeler has signed firm contracts for transporting and installing 64 offshore wind turbines, each with a capacity of 15 MW, along with their foundations for the East Anglia 2 (EA2) wind farm, a 960 MW project in the UK.  The contract value for Cadeler ranges between €360 million ($387 million) and €382 million. ScottishPower Renewables is developing the EA2 project off the coast of East Anglia, with offshore operations slated for 2027. Cadeler will deploy…

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BlueFloat gains major project status for 2.1GW offshore wind in Australia

Spain-based BlueFloat Energy has achieved major project status from the Australian government for its 2.1GW Gippsland Dawn offshore wind project, located off Victoria’s coast.  This status provides access to support from the Major Projects Facilitation Agency, marking a significant milestone for one of Australia’s largest offshore wind initiatives. Scheduled to begin construction in 2029 with a $10 billion investment, Gippsland Dawn aims to be operational by 2031, with up to 140 turbines positioned 10 to…

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Swedish government rejects 13 offshore wind projects in Baltic Sea

The Swedish government has denied 13 applications for offshore wind farms in the Baltic Sea, south of the Sea of Åland, citing national defence interests.  The rejected projects include Arkona, Aurora, Baltic Offshore Beta, Cirrus, and others, as they posed potential conflicts with Sweden’s military operations. This decision affects various developers, including Hexicon’s joint venture Freja Offshore, which will halt its Cirrus and Dyning projects. Defence Minister Pål Jonson emphasized that in the current security…

Power Sector News Roundup for November 4, 2024

Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…

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Ocean Winds and Brazilian university partner to boost offshore wind capacity

Ocean Winds (OW) has signed a memorandum of understanding (MoU) with the Universidade Federal do Rio Grande do Norte (UFRN) to advance offshore wind capabilities in Brazil.  The partnership will leverage OW’s global expertise in offshore wind, with 18.5 GW of total capacity, including 2 GW under construction and 1.5 GW operational, to enhance Brazil’s offshore wind sector. Since 2020, OW has filed proposals for five offshore wind projects in Brazil, totalling 15 GW across…

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Shell Energy to acquire 609 MW combined-cycle gas turbine power plant in US

Shell Energy North America (SENA), a subsidiary of Shell, has agreed to acquire a 609 MW, two-unit combined-cycle gas turbine power plant located in Johnston, Rhode Island, US. The purchase agreement has been signed with RISEC Holdings, a subsidiary of EGCO RISEC II, and Carlyle’s subsidiaries, Cogentrix RISEC CPOCP and Cogentrix RISEC CPP II. EGCO RISEC II, part of Thailand’s Electricity Generating Public Company (EGCO), will divest 49% of its stake in the plant, while…

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Avangrid sells Kitty Hawk North offshore wind lease area to Dominion

Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to Kitty Hawk South, where it plans to develop up to 2.4 GW of offshore wind capacity, supplying power to Virginia,…

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DEME wins contract for cable installation at OranjeWind offshore wind farm in the Netherlands

Offshore contractor DEME has secured a contract to transport and install inter-array cables and secondary steel components for the 800 MW OranjeWind offshore wind farm in the Dutch North Sea. The wind farm, located 53 km from the Dutch coast, is a joint venture between RWE and TotalEnergies. DEME’s scope includes the installation of 114 km of inter-array cables connecting 53 foundations to the offshore substation. Scheduled to start in the second half of 2026,…