Partners Group has provided equity financing for the 500MW Greenlink Interconnector, the subsea connection set to be built between Ireland and Great Britain. Greenlink has so far been developed by Element Power, which, together with funds managed by Hudson Sustainable Investments, is the other major
The increasing penetration of wind and solar power in the years to come will make the hydrogen produced from renewable energy an affordable alternative by 2035, according to DNV GL’s new research paper. According to the report titled ”The economically viable use of green hydrogen”, green hydrogen wi
The U.S. Bureau of Ocean Energy Management (BOEM) is planning to continue advancing renewable energy through an aggressive leasing program if the proposed USD 193.4 million Fiscal Year 2020 budget request is approved. Proposed by President Donald Trump, the budget request focuses on the execution of
US Wind Country Manager Salvo Vitale has urged Maryland’s House and Senate committee members to incentivize the development of 1,200MW of additional offshore wind energy off the coast of Maryland. In testimony before Senate Finance Committee and House Economic Matters Committee of the Maryland Gener
Specialist Marine Consultants (SMC) Ltd has established a branch in Taiwan with an aim to support the offshore wind sector in the region. The new branch is located in Taipei and will be managed by SMC’s Operations Director and Taiwan Regional Manager, Dean Coates. “We are extremely pleased to reach
Siemens Gamesa has awarded Fred. Olsen Windcarrier with a contract for the transport and installation of wind turbines on the Yunlin offshore wind farm in Taiwan. The 640MW Yunlin offshore wind farm is located some 6 kilometres off the southwest coast of Taiwan and will feature 80 SG 8.0-167 DD mach
PNE AG has lowered the expected profit for the 2018 financial year due to an anticipated loss of circa EUR 10.8 million invested in three offshore wind projects in Germany. PNE AG made stock value adjustments on the Jules Verne, Nautilus and Nemo projects located in Zone 4 of the German exclusive ec
Emden-based Ems Ports Agency & Stevedoring Beteiligungs (epas) has secured a contract to provide the complete handling of port logistics during the operating phase of the Hohe See and Albatros offshore wind farms. EnBW, the owner and developer of the two wind farms, awarded the contract to epas foll
WestBridge Capital has backed the management buyout of APEM Limited, an independent environmental consultancy specialising in the aquatic environment and remote sensing. The deal has seen WestBridge invest GBP 9.8 million in a combination of equity and loan notes, which is expected to support the co
EDS HV Group has completed the connection and testing during a planned outage at the Greater Gabbard offshore wind farm in the UK. EDS was in charge of re-connecting and testing the inter-array cable on the IG substation during the planned outage. The company said it worked with four contractors, wh
Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region. According to Atlas, the decision came as a response to the demand of professionals for permanent roles, which is growing due to the development of offshore
Having 60% of UK offshore wind content provided by local firms is challenging due to constant pressure to cut costs, according to Seacat Services’ Managing Director, Ian Baylis. Baylis gives the example of Scottish manufacturer BiFab which has reportedly lost a major offshore wind contract to yards
Bibby HydroMap has started an unexploded ordnance (UXO) survey of Vattenfall’s Hollandse Kust Zuid I & II wind sites in the Dutch North Sea. Following a competitive bid process, the UK-based seabed survey company was awarded the contract in early 2019. Using a multi-vessel approach, Bibby Tethra and
Offshore Wind Consultants Limited (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the emerging Indian offshore wind sector. Under the agreement, the two engineering consultancies will combine their powers to deliver engineering and pr
