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Big Oil and deep water to drive offshore wind to become $1.4trn market by 2050

Worldwide construction of new offshore wind power plant is set to gear up exponentially with some 135GW of new turbines added in the coming decade en route to a 600GW market worth $1.4trn by 2050, as the industry wades out into deeper waters and heavily capitalised players, led by the oil operators, ramp up spending, according to the latest research from IHS Markit.

read more... 15/05/2020

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Iberdrola buys 900MW wind portfolio as coronavirus investment drive ramps up

Iberdrola closed on two deals in the space of a week for wind projects in France and the U.K., including nearly 300 megawatts of operating capacity.

read more... 14/05/2020

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Iberdrola's Scottish Power to acquire 165 MW onshore wind project in Scotland

Iberdrola’s Scottish Power said on Wednesday it will acquire a 165 megawatt onshore wind energy development in Scotland which could see investment of more than 150 million pounds ($184 million).

read more... 13/05/2020

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World’s largest offshore wind farm selects O&M base

Equinor and SSE Renewables plan to build a new Operations and Maintenance (O&M) base at the Port of Tyne, UK, to service the 3.6 GW Dogger Bank offshore wind project.

read more... 13/05/2020

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German states eye hydrogen use in deal with Berlin for 20GW offshore wind

Germany’s five coastal states and the federal government, together with transmission system operators (TSOs) 50Hertz, Amprion and TenneT, have agreed to raise the country’s 2030 offshore wind target to 20GW from 15GW previously envisaged.

read more... 12/05/2020

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