Fugro in Record Cable Route Survey at Sofia Wind Farm Site
Dutch geotechnical services firm Fugro has said that its Fugro Pioneer vessel has left the Port of Sunderland in the UK earlier this month to begin a 6-month offshore site investigation and survey campaign for innogy's Sofia offshore wind farm.The 1.4 gigawatt (GW) Sofia Offshore Wind Farm, sited on the shallow central area of the North Sea known as Dogger Bank…
EDF Begins Construction on 450 MW OWF
French utility EDF Group announced that its subsidiary EDF Renewables has launched the construction of the Scottish Neart na Gaoithe (NnG) offshore wind farm project along with the new partners, the Irish electricity company Electricity Supply Board (ESB), which is taking a 50% stake in the project.The 450MW…
Britain Blocks Plans for New Coal Mine on Climate Grounds
Britain has rejected plans for a new open cast coal mine in northeastern England, as it could hamper efforts to reduce greenhouse gas emissions and curb climate change, the minister for local government said on Friday. Supporters of the project had said it could bring much needed jobs to the region, while environmental…
Trafigura's LNG Trade Soared in 2017
Commodities trader Trafigura grew liquefied natural gas (LNG) traded volumes by 27 percent to 8.1 million tonnes of the super-cooled fuel this year after expanding its trading desk, aided by sharp Asian demand growth. Swiss trading houses are expanding into the global market for LNG, until recently the preserve of energy giants…
Financing for Dudgeon Wind Farm
London, UK, May 12, 2016: The developers of one of the world's largest offshore wind farms announced the limited recourse financing for the project today, having reached financial close in six months. The GBP1.3 billion long-term financing will fund the capital requirements of the 402-megawatt (MW) Dudgeon Offshore Wind Farm…
China to Invest $9 bln in EDF Nuclear Project in Britain
China's CGN has agreed to invest 6 billion pounds ($9 billion) in French utility EDF's Hinkley Point C nuclear power station project in Britain, the companies announced on Wednesday during Chinese President Xi Jinping's state visit to Britain. China General Nuclear (CGN) will take a 33.5 percent stake in the 18 billion-pound ($28 billion) project in southwest England…
Britain Approves Two New Gas-Fired Power Plants
Britain gave approval on Thursday for the construction of two new 299 MW gas-fired power plants. One plant, developed by Progress Power Ltd, will be located in Suffolk, east England, and take around 21 months to construct. The other, developed by Hirwaun Power Limited, will be situated in South Wales and construction will take between 18 and 36 months.
Centrica Weighs Final Bids for UK Gas Plants
British utility Centrica is in the process of assessing final bids for the gas-fired power plants it has put up for sale but offers are likely to be below the company's target price of 500 million pounds ($767.8 million), sources familiar with the matter said. "My understanding is that three parties are still looking," said one source close to the bidding process.
EU Nod for UK Teesside Biomass Plant
Britain secured European Union approval on Thursday to build a biomass plant in north-east England after state aid regulators said the scheme would boost the bloc's energy and environmental goals. The Teesside plant, one of three given British approval to operate in April last year, aims to generate 299 MW of electricity starting in July 2018…
Ecosse Subsea Wins First Renewables Contract
Subsea technology firm, Ecosse Subsea Systems Ltd (ESS), has been awarded a £5 million contract to design, build and operate a cable-lay system for a European utilities provider. The Scottish-based company will support the Array Cable Lay and pull-in component of a wind farm project located off the Humber Estuary in north east England.
