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January 19, 2023 by CRELA

Baltic Power Offshore Wind Project Obtains $5.2 Billion in Financing

Baltic Power offshore wind project in Poland, co-developed by Northland Power Inc. and Orlen S.A., has signed a credit agreement to secure an equivalent of $5.2 billion of non-recourse green financing that adheres to Northland’s green financing framework covering construction and a 20-year term. The non-recourse project financing will be provided by 25 international and […] The post Baltic Power Offshore Wind Project Obtains $5.2 Billion in Financing appeared first on North American Windpower. [...]

Engie and Microsoft in Texas Match Up with Renewable Energy

Through a unique program that matches electricity demand with wind and solar energy, Engie Energy Marketing, a developer and owner of renewable power capacity, will provide renewable energy to cover the consumption of select Microsoft data centers in Texas. By utilizing existing renewable energy contracts between the two companies, this collaboration will accelerate Microsoft’s mission […] The post Engie and Microsoft in Texas Match Up with Renewable Energy appeared first on North American Windpower. [...]

Octopus Energy Acquires More in the Borssele Wind Farm Zone

Octopus Energy’s generation arm has invested in one of continental Europe’s largest wind farms: the 732 MW Borssele III & IV, made up of 77 turbines in the Dutch North Sea. Its 9.5 MW turbines are the largest in Octopus’ portfolio – each as tall as the 591-foot Gherkin skyscraper in London. Operational since 2021, […] The post Octopus Energy Acquires More in the Borssele Wind Farm Zone appeared first on North American Windpower. [...]

Geoquip Gathers Data for MarramWind Floating Offshore Farm

Geoquip Marine, a specialist in acquiring, analyzing and reporting global offshore geotechnical data, will be gathering engineering information to support the proposed MarramWind floating offshore wind farm. Located approximately 47 miles off the northeast coast of Scotland, MarramWind is a joint venture between ScottishPower and Shell Global. The partners have chosen Geoquip Marine as their […] The post Geoquip Gathers Data for MarramWind Floating Offshore Farm appeared first on North American Windpower. [...]

U.S. Action Plan for Offshore Wind Transmission Debuts

The U.S. Energy Department (DOE) and U.S. Interior Department (DOI) have released “An Action Plan for Offshore Wind Transmission Development in the U.S. Atlantic Region,” a set of actions that will catalyze offshore wind energy, strengthen the domestic supply chain and create jobs. Developed by DOE’s Grid Deployment and Wind Energy Technologies Offices and DOI’s […] The post U.S. Action Plan for Offshore Wind Transmission Debuts appeared first on North American Windpower. [...]