Posted on: 10/11/2015
Canadian firm invests in Rampion offshore wind project
Canadian energy company Enbridge has bought a 24.9% stake in E.ON’s Rampion offshore wind farm in the English Channel.
The 400MW project, in which the UK Green Investment Bank already holds a 25% stake, is expected to begin generating power in 2018.
E.ON and Enbridge are already partners in the Magic Valley wind farm in Texas and the Wildcat wind farm in Indiana.
> Read E.ON's announcement
John Pettigrew to take reins at National Grid
John Pettigrew is to succeed Steve Holliday as Chief Executive at National Grid.
Pettigrew will step down as Chief Executive on 31 March 2016 and will retire from the board in July 2016 following 14 years on the board and nearly a decade in the top job.
Pettigrew has been with the company for nearly 25 years and is currently Executive Director of the company’s UK operations.
> View National Grid's announcement
Wind and marine safety accord launched
Trade body RenewableUK has launched a health and safety accord covering the entire wind and marine energy sector.
The accord allows members to demonstrate their commitment to supporting the highest health and safety standards across wind, wave and tidal, the organisation said.
Employers, contractors and supply chain partners have been invited to sign the accord.
> Find out more about the accord
World’s largest floating wind farm gets green light
Norwegian energy firm StatOil has been granted planning permission by the Scottish Government to erect the world’s largest floating wind farm off the coast of Peterhead.
The five floating 6MW turbines will be able to generate 135GWh of electricity each year.
Irene Rummelhoff, Statoil’s Executive Vice President for New Energy Solutions, said: “Statoil’s objective with developing this pilot park is to demonstrate a commercial, utility-scale floating wind solution, to further increase the global market potential.”
> See the Scottish Government's statement
Investment firm buys up solar assets
John Laing Capital Management has bought 796 solar power systems spread throughout England, Scotland and Wales for £18.8 million.
The 4.2MW portfolio includes panels on homes and commercial premises, along with ground-mounted systems.
“The portfolio comprises a number of special purpose companies financed and owned by Venture Capital Trusts and Enterprise Investment Schemes managed by Downing LLP and Beringea LLP and the founding shareholders and developers of the portfolio,” the London-listed investment firm said.
> View the announcement