North Sea developments and Chinese deflation
The Joint Venture: inspiratia insights
The team look over the past week of news and give their views on market trends in the energy sector
In the news this week, we explore UtsiraVIND Consortium's expansion, with heavyweights like KANSAI and Ingka Investments stepping into the Norwegian floating wind sector development. We shine a spotlight on Luminous Energy as they achieve a financial milestone for their Bracon Ash Solar Farm. We unravel their strategy, especially in the East Anglia market.
We also bring you up to date on Copenhagen Infrastructure Partners' collaboration with Ignitis Renewables to usher in new offshore wind opportunities in Estonia and Latvia. And report on a major move in the French renewable landscape as Crédit Agricole acquires a significant stake in Innergex's portfolio.
There's also been some troubling news from the Chinese economy, with deflation highlighting some of the troubles being experienced by China's industrial output. We dive deep to discuss the implications for renewables.
And after last week's decision to grant a hundred new licenses to oil and gas projects in the North Sea, we unpick the industry's reaction to this controversial move.
- Oliver Carr - Lead Analyst
- Zachary Skidmore - Senior Reporter
- Dila Cebeci - Analyst
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Music credit: NDA/Show You instrumental/Tribe of Noise