One of the largest wind farm developers in the UK has paid more than half a billion dollars for a slice of the booming US wind power market. Denmark’s Orsted, formerly known as Dong Energy, has been actively hunting out long-term opportunities in the US to complement its record-breaking offshore developments in UK waters. It used its better-than-expected first-half financial results to announce plans to pay $580m (£450m) for Chicago-based onshore wind farm developer Lincoln Clean Energy. Orsted’s profits for the first six months of the year climbed to DKK8.6bn (£1.04bn), 4pc higher than analyst expectations, despite lower wind speeds across the UK in recent months.
Telegraph 9th Aug 2018 read more »
Compelo 10th Aug 2018 read more »
Business Green 9th Aug 2018 read more »
A Bristol renewables company has signed up to supply an energy company with 0.8MW of wind power. The agreement between supplier Thrive Renewables and Bristol Energy follows a similar agreement for hydro-electricity in winter 2017. Bristol Energy purchased the renewable electricity produced by Thrive’s Clayfords Wind Farm near Strichen in Aberdeenshire, Scotland for 12 months from September 2018. The single-turbine site will deliver approximately 2.26GWh of clean energy to around 564 homes over the course of the contract.
Insider Media 10th Aug 2018 read more »