Swedish developer Hexicon has completed the sale of its 32MW Twinhub floating offshore wind project in the UK for a total of just £1 (around €1.15) after losing its power deal earlier this week.
Welcome to the Wind Power News Review – hosted by Windpower Monthly's senior reporter, Robyn White, and Windpower Monthly's reporter, Orlando Jenkinson – along with our regular panellists, Shashi Barla and Sorcha Versteeg.
House Democrats have slammed French oil major TotalEnergies’ “outrageous” agreement with the Trump administration, warning that abandoning US offshore wind and investing returned seabed lease fees in gas “undercuts American energy security”.
A pioneering floating offshore wind farm has had its UK contract for difference (CfD) terminated after developer Hexicon flagged financial impairments for the project and the government rejected nominated turbine supplier Mingyang’s factory plans.
TotalEnergies’ decision to exit two US offshore wind projects in exchange for compensation could pave the way for other developers to follow suit, an industry expert has warned.
The new Dutch government has confirmed plans to launch a second 1GW offshore wind tender in 2026, reversing the previous administration's plans to hold just one auction this year.