Sunday, 19 January 2025

Focus on Corio Generation

Corio Generation is a portfolio company of Macquarie Asset Management operating on a standalone basis. Our global team of offshore wind specialists take projects from origination, through development and construction, and into operations. We apply a long-term partnership approach to the creation and management of projects, underpinned by access to long-term capital. We have a project development pipeline of over 30 GW. Working in established and emerging markets, with floating and traditional fixed-bottom technologies, our projects support local economies while meeting the energy needs of communities and corporate offtakers sustainably, reliably, safely and responsibly. (Source: company LinkedIn page)

Land-based wind turbines spin in Atlantic City, N.J. on Sept. 18, 2024. (AP Photo/Wayne Parry)
AnalysisBusinessElectricityInfrastructureOffshore WindUtilitiesWind

Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

New Jersey's offshore wind project seeks a second delay due to ongoing challenges in securing turbine equipment amid market volatility.

FILE PHOTO: Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo
BiofuelsBusinessElectricityHydrogenNatural GasNewsOffshore WindOilSolarWind

BP weighs sale of minority stake in offshore wind business, sources say

BP paused investments in new offshore wind projects, Reuters reported in June. Last month, BP said it plans to sell its U.S. onshore...

Land-based wind turbines spin in Atlantic City, N.J., on April 28, 2022. On July 11, 2024, Community Offshore Wind identified itself as the third company to submit plans for an offshore wind farm in New Jersey by the previous day's deadline. (AP Photo/Wayne Parry)
BusinessElectricityNewsWind

Previous bidder tries again with new offshore wind proposal in New Jersey

Community Offshore Wind has submitted the bid to build a wind farm that would generate 1.3 gigawatts of electricity, enough to power 500,000...

News ReleaseOffshore Wind

Offshore wind safety performance mixed amid record 61.9 million hours worked

Offshore wind activity continued to surge in 2023 as G+ members reported a record 61.9 million hours worked, a 39% increase from 2022. ...

Land-based wind turbines spin in Atlantic City. N.J., on Nov. 3, 2023. On Tuesday, April 30, 2024, New Jersey utility regulators opened a fourth round of solicitations for new offshore wind farm proposals to join the three that already have preliminary approval. (AP Photo/Wayne Parry)
ElectricityNewsPoliticsUtilitiesWind

New Jersey seeks fourth round of offshore wind power proposals as foes push back

New Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy...

The sun sets behind spinning land-based wind turbines in Atlantic City, N.J., on Dec. 13, 2023. On April 24, 2024, eight Jersey Shore towns wrote to New Jersey utility regulators saying that a proposed wind farm off Long Beach Island will be costlier than expected. (AP Photo/Wayne Parry)
ElectricityNewsOffshore WindPoliticsRegulationsWind

Gusts of activity underway by friends, foes of offshore wind energy projects in NJ, NY

Shore towns spanning much of New Jersey's 127-mile coastline wrote to the state's Board of Public Utilities, saying the proposed Atlantic Shores wind...

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