Connection

popular articles

Alpiq awards €20 million order to Merus Power
EIB grants RWE €1.2 billion for Thor wind farm
The Guadeloupe Power Plant Converted to Biomass: A Major Step Forward
BP invests USD 48.54 million in biofuel in China
RWE Strengthens Position with Four New Wind Projects in France

INPEX acquires 16.7% of Moray East offshore wind farm

INPEX Corporation announced that it has acquired a 16.7% stake in the Moray East offshore wind farm in Scotland, underscoring its commitment to the energy transition.

Please share:

INPEX CORPORATION announced today that it has acquired a 16.7% interest in the Moray East offshore wind farm, currently operating approximately 22 kilometers off the coast of Moray East in Scotland, United Kingdom (UK). This acquisition was made possible thanks to an agreement between INPEX Renewable Energy Europe Limited (INPEX Renewable) and Diamond Generating Europe Limited (DGE), a subsidiary of Mitsubishi Corporation registered in the United Kingdom, to transfer shares in Diamond Generating Europe Investments Limited (DGI) from DGE to INPEX Renewable, which was established in the United Kingdom to promote INPEX’s renewable energy business in Europe.

A production capacity of 950 megawatts

The Moray East offshore wind farm has been in commercial operation since April 2022 with a generating capacity of 950 megawatts produced by one hundred 9.5 megawatt units. INPEX is looking to improve and highlight its renewable energy initiatives, which are one of the 5 net-zero businesses outlined in the company’s “INPEX Vision @2022” announced in February 2022.

INPEX will accelerate its initiatives for its offshore wind power business, leveraging its experience in building and operating floating offshore facilities grown at project sites around the world. In 2022, INPEX Renewable acquired a 50% stake in the Luchterduinen offshore wind farm and a 15% stake in the Borssele III/IV offshore wind farm, which operate off the coast of the Netherlands, from Diamond Generating Europe B.V. (DGE-NL), a subsidiary of Mitsubishi Corporation registered in the Netherlands.

A commitment to a net zero carbon society

INPEX will proactively engage in energy structure reforms towards the realization of a net zero carbon society, while fulfilling its responsibilities for the development and provision of stable energy. The impact of this acquisition on the consolidated financial performance of INPEX is minimal.

Register free of charge for uninterrupted access.

Publicite

Latest news

The United States Grants Two Subsidies for Nuclear Projects in Bulgaria
Flamanville’s EPR: 20 Years of Challenges for a New Energy Hope
The EU Introduces a CO2 Label for Air Travel
Westinghouse signs a 20 billion CAD agreement for nuclear projects in Canada
National Grid: a record £35 billion investment to modernize the UK’s electricity grid

Recently published in

GE Vernova secures 2 GW contract for offshore wind connection in the Baltic Sea

The Ostwind 4 project, led by GE Vernova and 50Hertz, introduces 2 GW HVDC technology to connect offshore wind from the Baltic Sea to the German power grid.
France: VALOREM and its partners finance an 18.9 MW wind farm in Lavausseau
In Nouvelle-Aquitaine, VALOREM, Bpifrance, and Crédit Agricole announce funding for an 18.9 MW wind farm in Lavausseau. The project aims to produce 43 GWh annually, supporting the region's energy transition.
en_1140946540
France: VALOREM and its partners finance an 18.9 MW wind farm in Lavausseau
In Nouvelle-Aquitaine, VALOREM, Bpifrance, and Crédit Agricole announce funding for an 18.9 MW wind farm in Lavausseau. The project aims to produce 43 GWh annually, supporting the region's energy transition.
en_1140946540
Copenhagen Infrastructure Partners invests in a 495 MW wind project in Canada
Copenhagen Infrastructure Partners (CIP) acquires a majority stake in a 495 MW wind project in Canada, with economic impact and a strategy focused on green hydrogen for Europe.
en_1140933540
Copenhagen Infrastructure Partners invests in a 495 MW wind project in Canada
Copenhagen Infrastructure Partners (CIP) acquires a majority stake in a 495 MW wind project in Canada, with economic impact and a strategy focused on green hydrogen for Europe.
en_1140933540
700 million euros invested to connect offshore wind farms to the French power grid
A 700-million-euro project aims to connect two offshore wind farms to the national power grid, strengthening strategic energy infrastructure in France.
en_1140947540
700 million euros invested to connect offshore wind farms to the French power grid
A 700-million-euro project aims to connect two offshore wind farms to the national power grid, strengthening strategic energy infrastructure in France.
en_1140947540

Ørsted sells 50% of Greater Changhua 4 Offshore Wind Farm to Cathay Life Insurance

Ørsted announces an agreement with Cathay Life Insurance to sell 50% of the Greater Changhua 4 Offshore Wind Farm under construction in Taiwan, marking a key step in their strategic energy partnership.
Etermar Energia and Qair join forces to develop floating wind power in the Iberian Peninsula
Etermar Energia and Qair have signed an agreement to collaborate on floating offshore wind projects in the Iberian Peninsula, strengthening their strategic ambition in this rapidly expanding market.
en_1140928540
Etermar Energia and Qair join forces to develop floating wind power in the Iberian Peninsula
Etermar Energia and Qair have signed an agreement to collaborate on floating offshore wind projects in the Iberian Peninsula, strengthening their strategic ambition in this rapidly expanding market.
en_1140928540
ENERCON Returns to Romania with a 38 MW Wind Project
After 12 years of absence, ENERCON signs a contract for a 38 MW wind farm in Romania under the PNRR program.
en_1140900540
ENERCON Returns to Romania with a 38 MW Wind Project
After 12 years of absence, ENERCON signs a contract for a 38 MW wind farm in Romania under the PNRR program.
en_1140900540
The United Kingdom Reaches a Historic Milestone in Wind Power Production and Electricity Exports
With 22 GW produced in a single day, the United Kingdom asserts itself as a leader in wind power. The growth in its exports to Europe marks a strategic advance in the energy transition.
en_1140893540
The United Kingdom Reaches a Historic Milestone in Wind Power Production and Electricity Exports
With 22 GW produced in a single day, the United Kingdom asserts itself as a leader in wind power. The growth in its exports to Europe marks a strategic advance in the energy transition.
en_1140893540

Vestas secures a contract for the Inch Cape offshore wind project in Scotland

Vestas will supply 72 turbines for the Inch Cape offshore wind project in Scotland, a firm 1.1 GW contract signed with Inch Cape Offshore Limited, a joint venture between ESB and Red Rock Renewables.
US Plans New Offshore Wind Auction in Gulf of Mexico for 2026
Hecate Energy and Invenergy show interest in offshore wind projects in the Gulf of Mexico, prompting US authorities to schedule an auction for 2026 despite political and economic uncertainties.
en_1140889540
US Plans New Offshore Wind Auction in Gulf of Mexico for 2026
Hecate Energy and Invenergy show interest in offshore wind projects in the Gulf of Mexico, prompting US authorities to schedule an auction for 2026 despite political and economic uncertainties.
en_1140889540
Voltalia sells a 12 MW wind farm in Charente to CNR
Voltalia, an international renewable energy company, sells the La Faye wind farm in Charente to the Compagnie Nationale du Rhône (CNR) while ensuring its technical management through Greensolver.
en_1140809540
Voltalia sells a 12 MW wind farm in Charente to CNR
Voltalia, an international renewable energy company, sells the La Faye wind farm in Charente to the Compagnie Nationale du Rhône (CNR) while ensuring its technical management through Greensolver.
en_1140809540
Agreement Signed to Develop the First 102 MW Wind Farm in Khanh Hoa Province
Nexif Ratch Energy and Khanh Hoa Province have signed a memorandum of understanding to develop a 102 MW wind power project, marking a major step forward in diversifying the region's energy mix in Vietnam.
en_1140807540
Agreement Signed to Develop the First 102 MW Wind Farm in Khanh Hoa Province
Nexif Ratch Energy and Khanh Hoa Province have signed a memorandum of understanding to develop a 102 MW wind power project, marking a major step forward in diversifying the region's energy mix in Vietnam.
en_1140807540

Canada: B.C. launches 9 wind energy projects to power 500,000 homes

Nine wind energy projects approved in British Columbia will boost the power grid by 8%, generating 5,000 gigawatt-hours annually, equivalent to the consumption of 500,000 homes. Eight of these projects include 51% Indigenous ownership.
No Offers for Denmark’s Largest Offshore Wind Farm
Despite its 6 GW potential, Denmark’s largest offshore wind project received no offers during the auction. This setback highlights the economic challenges facing the European wind energy sector.
en_1140768540
No Offers for Denmark’s Largest Offshore Wind Farm
Despite its 6 GW potential, Denmark’s largest offshore wind project received no offers during the auction. This setback highlights the economic challenges facing the European wind energy sector.
en_1140768540
The AfDB Funds a Historic 1.1 GW Wind Project in Egypt
The African Development Bank grants a $170 million loan for the Suez Wind Energy project. A strategic step to strengthen Egypt's leadership in renewable energy.
en_1140738540
The AfDB Funds a Historic 1.1 GW Wind Project in Egypt
The African Development Bank grants a $170 million loan for the Suez Wind Energy project. A strategic step to strengthen Egypt's leadership in renewable energy.
en_1140738540
MARA invests in a wind farm in Texas to support its mining operations
MARA Holdings acquires a wind farm in Texas with 114 MW capacity, aiming to reduce energy costs and optimize its ASIC equipment for cryptocurrency mining.
en_1140748540
MARA invests in a wind farm in Texas to support its mining operations
MARA Holdings acquires a wind farm in Texas with 114 MW capacity, aiming to reduce energy costs and optimize its ASIC equipment for cryptocurrency mining.
en_1140748540

Envision Energy invests in a wind turbine and energy storage factory in Kazakhstan

Envision Energy signs an agreement with Samruk Energy and Kazakhstan Utility Systems to launch a local manufacturing plant, aiming to strengthen Kazakhstan’s energy capacity and reduce dependency on imports.
ERG completes the repowering of the Salemi-Castelvetrano wind farm in Sicily
ERG has finalized the modernization of the Salemi-Castelvetrano wind farm in Sicily, increasing its capacity to 75.6 MW with 18 new turbines and an annual production of 208 GWh, supporting the energy transition.
en_1140673540
ERG completes the repowering of the Salemi-Castelvetrano wind farm in Sicily
ERG has finalized the modernization of the Salemi-Castelvetrano wind farm in Sicily, increasing its capacity to 75.6 MW with 18 new turbines and an annual production of 208 GWh, supporting the energy transition.
en_1140673540
Swedish Defense Blocks Offshore Wind Farms in the Baltic Sea
Offshore wind farm projects in the Baltic Sea are deemed incompatible with Sweden's national defense due to the disruptions they would cause to critical military sensors.
en_1140621540
Swedish Defense Blocks Offshore Wind Farms in the Baltic Sea
Offshore wind farm projects in the Baltic Sea are deemed incompatible with Sweden's national defense due to the disruptions they would cause to critical military sensors.
en_1140621540
Masdar and Silk Road Fund partner to invest USD 2.8 billion in renewable energy
Masdar and Silk Road Fund sign a strategic agreement to co-invest up to USD 2.8 billion in renewable energy projects, targeting primarily developing countries as part of the global energy transition.
en_1140589540
Masdar and Silk Road Fund partner to invest USD 2.8 billion in renewable energy
Masdar and Silk Road Fund sign a strategic agreement to co-invest up to USD 2.8 billion in renewable energy projects, targeting primarily developing countries as part of the global energy transition.
en_1140589540

Octopus Energy and Skyborn: A Strategic Partnership for Offshore Wind in France

Octopus Energy, in partnership with Skyborn Renewables, qualifies for the ninth offshore wind tender in France. This collaboration marks a significant milestone for Octopus in its international renewable energy expansion.
Moray West: Final Offshore Wind Turbine Installed, a Key Milestone for Ocean Winds
Ocean Winds celebrates the installation of the final turbine at the Moray West offshore wind farm in Scotland, marking a major step towards full commissioning scheduled for 2025. This project highlights technological innovations and significant economic impacts.
en_1140483540
Moray West: Final Offshore Wind Turbine Installed, a Key Milestone for Ocean Winds
Ocean Winds celebrates the installation of the final turbine at the Moray West offshore wind farm in Scotland, marking a major step towards full commissioning scheduled for 2025. This project highlights technological innovations and significant economic impacts.
en_1140483540
Alcazar Energy partners with Egypt for a 2 GW wind project
Alcazar Energy Partners signs a memorandum of understanding with EETC and NREA to develop a 2 GW onshore wind farm in Egypt, supporting the country's energy transition and its 2030 sustainability vision.
en_1140467540
Alcazar Energy partners with Egypt for a 2 GW wind project
Alcazar Energy Partners signs a memorandum of understanding with EETC and NREA to develop a 2 GW onshore wind farm in Egypt, supporting the country's energy transition and its 2030 sustainability vision.
en_1140467540
Donald Trump’s Re-election: A Challenge for RWE and Siemens Energy’s Offshore Wind Projects
Donald Trump's victory raises concerns for RWE and Siemens Energy about their offshore wind projects in the United States, facing administrative delays and trade tensions.
en_1140448540
Donald Trump’s Re-election: A Challenge for RWE and Siemens Energy’s Offshore Wind Projects
Donald Trump's victory raises concerns for RWE and Siemens Energy about their offshore wind projects in the United States, facing administrative delays and trade tensions.
en_1140448540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS