Tag Archives: Octopus Energy

Octopus Energy invests in Ocergy to boost floating offshore wind energy worldwide

The investment is made through Vector, Octopus Energy’s offshore wind fund. He will drive the commercialization of Ocergy’s technology.Octopus Energy Generation has announced its investment in Ocergy. It is a company dedicated to the design and manufacture of floating, lightweight and modular foundations for offshore wind farms. They are used in areas with very deep … Continue reading Octopus Energy invests in Ocergy to boost floating offshore wind energy worldwide

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Octopus Energy collaborates with SAP to develop wind energy in Sierra Leone

Octopus Energy, a leading green energy solutions provider, has announced an innovative partnership with Sherbro Alliance Partners (SAP) to build Sierra Leone’s inaugural wind farm by 2024. As part of Octopus Energy’s commitment to promoting sustainable practices across the world, this historic agreement marks the company’s first foray into renewable energy projects in Africa. Sierra … Continue reading Octopus Energy collaborates with SAP to develop wind energy in Sierra Leone

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Octopus Energy buys 12.5% stake in UK offshore wind farm

Octopus Energy has bought a 12.5% stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds, it said on Monday. Octopus bought the stake from AIP Management, the investment manager for Danish pension funds PKA and PFA, it said without providing financial details … Continue reading Octopus Energy buys 12.5% stake in UK offshore wind farm

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Tokyo Gas invests in $3.8bn Octopus Energy offshore wind fund

Natural gas provider Tokyo Gas has invested in the offshore wind fund established in October 2022 by UK-based Octopus Energy. The fund specialises in offshore wind investments and comprises a diversified portfolio of investments in offshore wind and development platforms. Tokyo Gas will make an investment commitment of €220m ($238.5m) as a cornerstone investor, with … Continue reading Tokyo Gas invests in $3.8bn Octopus Energy offshore wind fund

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Octopus Energy backs offshore wind power

Octopus Energy’s generation arm announces its investment in Deep Wind Offshore, an international offshore wind developer with a pipeline of projects in Norway, Sweden, and South Korea.All three countries have vast wind resources and strong governmental support for offshore wind. The company is aiming to build 10 GW of new offshore wind by 2032, with … Continue reading Octopus Energy backs offshore wind power

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Octopus Energy to Invest $20 Billion in Offshore Wind by 2030

Octopus Energy has announced plans to invest £15.5 billion in offshore wind projects and farms by 2030. The British energy group’s renewables generation arm said the money will go towards the generation of 12 gigawatts of renewable electricity per year, which is enough to power 10 million homes. The investment will be targeted at existing … Continue reading Octopus Energy to Invest $20 Billion in Offshore Wind by 2030

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