Site icon GreentechLead

Renewable energy news: Full Circle Wind Services, ABO Energy, National Grid and TenneT

First Solar photovoltaic (PV) solar modules

Today’s renewable energy news includes announcements Full Circle, ABO Energy, National Grid, TenneT, and others.

Full Circle Secures Lewis Wind O&M Contract, Boosting UK Offshore Services

UK-based offshore wind specialist Full Circle Wind Services has won a long-term operations and maintenance (O&M) contract for the Lewis Wind project, strengthening its position in the UK renewables market. The deal represents a strategic investment in local expertise and long-term asset performance, supporting reliable power generation over the wind farm’s lifecycle. With a clear customer focus, Full Circle will deliver inspection, maintenance, and asset integrity services designed to maximise turbine availability and reduce downtime for the project owner. The contract leverages innovative digital monitoring tools, data-driven maintenance planning, and experienced offshore teams to improve efficiency and safety. Key benefits include enhanced operational reliability, lower lifecycle costs, extended asset life, and stable clean energy supply for consumers. The agreement highlights growing demand for specialist O&M services as the UK offshore wind fleet matures and expands.

ABO Energy Signs Standstill Agreement with Banks to Support Restructuring

Renewable energy developer ABO Energy has signed a standstill agreement with its lending banks, providing financial breathing space as the company advances a broader restructuring plan. The move secures short-term investment stability, allowing operations and project development to continue while longer-term financing solutions are negotiated. With a strong customer focus, the agreement helps ensure continuity in project delivery and service to partners and offtakers. ABO Energy will use this period to implement innovative financial and operational measures aimed at strengthening liquidity, optimising its project portfolio, and improving efficiency. Key benefits include reduced near-term financial risk, improved stakeholder confidence, protection of ongoing renewable projects, and a clearer path toward sustainable growth. The standstill pact highlights the importance of flexible financing structures in navigating market volatility while supporting the continued expansion of renewable energy capacity.

National Grid and TenneT Launch GriffinLink Offshore Interconnector

National Grid and Dutch transmission system operator TenneT have launched GriffinLink, a major new offshore electricity interconnector designed to strengthen cross-border power trading and offshore wind integration between the UK and continental Europe. The project represents a significant investment in shared energy infrastructure, supporting large-scale offshore wind growth and improved grid resilience. With a strong customer focus, GriffinLink will help deliver more reliable, affordable, and low-carbon electricity to consumers by enabling efficient power flows across markets. The project also drives innovation through coordinated offshore grid planning, advanced HVDC technology, and hybrid interconnector concepts that link wind farms directly to multiple countries. Key benefits include enhanced energy security, reduced congestion, lower system costs, and accelerated decarbonisation. GriffinLink highlights the critical role of international collaboration in building an integrated, future-ready offshore energy system for Europe.

FAHEEMA P

Exit mobile version