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Portugal's first offshore wind auction aims for more than 1 GW

Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.

read more... 31/05/2023

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Germany to earmark 4 bln euros annually for power subsidy - economy minister

Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive industries, to support an industrial move away from fossil fuels and discourage firms from moving offshore.

read more... 23/05/2023

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UK, Netherlands plan cross-border power link to boost energy security

The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.

read more... 24/04/2023

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Germany expands energy grid for offshore wind farms in North Sea

A 7 billion euro deal to connect offshore wind farms in the North Sea to the German energy grid has been signed by Siemens Energy and Spain's Dragados Offshore, the two companies announced.

read more... 21/04/2023

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Orsted and Acciona team up to make floating wind more affordable

Danish energy firm Orsted and Spanish engineering group Acciona will team up to develop new foundations for floating offshore wind turbines that cut costs and reduce carbon footprints, the two companies said on Wednesday.

read more... 19/04/2023

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