The European Commission recognised offshore wind energy as a key technology in Europe’s attempt to stimulate the Union’s economies. The European Wind Energy Association (EWEA) considers that the €500mn in “smart investment” to specific offshore projects that the EC has earmarked is money well spent. All projects are in an advanced stage of development and could make a real contribution to the economic recovery. “Committing EU funds to... Read more..
The European Wind Energy Association (EWEA) welcomes the key role given to offshore wind energy in the European Commission’s Strategic Energy Review (SER) published this morning, and above all its commitment to publish a Blueprint for a North Sea offshore grid. With 1, 486 MW of capacity currently installed offshore and 30, 882 MW more capacity planned by 2015¹, investor interest is high, but the sector needs a European legislative framework,... Read more..
Swedish utility Vattenfall has acquired British wind energy developer AMEC Wind Energy for ?126 million (roughly $216.5 millon). AMEC Wind has a portfolio of 540 megawatts of potential wind development. Vattenfall recently made an offer to acquire Eclipse Energy, another British wind developer. The Swedish company currently operates 90 megawatts of offshore wind turbines and is looking to expand in the British market. It’s a good bet since the British... Read more..