LONDON, March 10 (Reuters) – Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000…
UK offshore wind plan
Big Oil Steps Up to Take Over Next Generation of U.K. Offshore Wind
By William Mathis and Laura Hurst (Bloomberg) — Oil majors agreed to pay a hefty premium to develop the next generation of major British offshore wind farms after BP Plc and…
Eni Joins North Sea Wind Power Grab with Dogger Bank Deal
By Nerijus Adomaitis and Stephen Jewkes OSLO/MILAN, Dec 4 (Reuters) – Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Norway’s Equinor and Britain’s…
Boris Johnson’s Offshore Wind Plan Will Require $58 Billion from Industry
By William Mathis (Bloomberg) — Boris Johnson’s plan to quadruple the size of the U.K. offshore wind industry will require $58 billion of investment and careful management of what’s a tricky building process in some of the world’s roughest waters. The prime minister is targeting turbines with the...