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Business & Finance

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JDR Arcadis
Business & Finance

JDR Orders Arcadis Ost 1 Cable Hang-Off Systems

Vos Prodect has won a contract with JDR Cable Systems to supply the cable hang-off systems for the Arcadis Ost 1 offshore wind farm in Germany. Vos Prodect will deliver the sealed cable hang-off systems by the end of the second quarter of 2022, securing the subsea power cables to the top of the mono

about 4 years ago
BC Wind offshore wind project
Business & Finance

Ocean Winds Picks O&M Base for Polish Offshore Wind Farm

Ocean Winds and port operator Szkuner Sp. z o.o have signed a preliminary lease agreement for the Władysławowo Port that will serve as an operations and maintenance (O&M) base for the BC-Wind offshore wind project in Poland. The O&M base will be established on a 3,500 square metres area located at t

about 4 years ago
An image illustrating the AquaVentus offshore wind-to-hydrogen project at sea
Business & Finance

German Industry Calls for 10 GW, EUR 10 Billion Push for Offshore Green Hydrogen Production

Eight associations and networks in Germany, through a joint initiative called Offshore-Wind-H2-Eight (Offshore-Wind-H2-Achter), have called for bigger and concrete steps in bringing hydrogen production at sea, powered by offshore wind, to a more significant spot in German plans for producing hydroge

about 4 years ago
Scotland Invites Manufacturers to Homeport at Floating Wind Port Cluster
Business & Finance

Scotland Invites Manufacturers to Homeport at Floating Wind Port Cluster

Scotland’s Highlands and Islands Enterprise (HIE) has partnered with Scottish Development International (SDI) and the Department for International Trade (DIT) to launch a global initiative to attract overseas manufacturing companies of scale to the Scottish Floating Wind Port Cluster. The main targe

about 4 years ago
Korea Floating Wind Partners with East-West Power
Business & Finance

Korea Floating Wind Partners with East-West Power

Korea Floating Wind (KF Wind) has signed a Joint Development Agreement Term Sheet with Korea East-West Power, a state-owned generation company in Korea, for a collaboration on the development of floating offshore wind sites off the coast of Ulsan. As reported, KF Wind, a joint venture between OW Oce

about 4 years ago
An image of an offshore wind farm, aerial view
Business & Finance

Cbus Acquires 10 Pct Stake in Star of the South

Cbus Super, Australia’s building and construction industry superannuation fund, has acquired a 10 per cent interest in Star of the South, the country’s most advanced offshore wind project, after investing into Copenhagen Infrastructure IV (CI IV), the majority owner of the project and the flagship f

about 4 years ago
Sarens PSG
Business & Finance

Sarens and PSG Marine & Logistics Form Offshore Wind Joint Venture in Scotland

Belgium-headquartered Sarens and UK-based PSG Marine & Logistics Ltd have formed a joint venture (JV) to support both the bottom-fixed and floating offshore wind projects with heavy lifting, transportation, and logistics services from the Port of Cromarty Firth. “We are extremely pleased to form thi

about 4 years ago
Simox project
Business & Finance

Ørsted, Ocean Winds, Vattenfall Join SIMOX Project

Ørsted, Ocean Winds, and Vattenfall have decided to join the Sustainable Installation of XXL Monopiles (SIMOX) project that focuses on developing several innovative technologies that could be suitable for the installation of XXL monopiles, as an alternative to conventional impact hammering. Launched

about 4 years ago
Acciona Energía Puts Money Behind Four-Armed Floating Offshore Wind Turbines
Business & Finance

Acciona Energía Puts Money Behind Four-Armed Floating Offshore Wind Turbines

Spain’s Acciona Energía has acquired 24 per cent of the capital of Eolink, a French company specializing in the development of floating offshore wind foundations, becoming the main shareholder in the process. The operation, subject to certain conditions, follows a financing round launched by the Fre

about 4 years ago
Floating Wind Could Create 52,000 Jobs in Norway, Study Finds
Business & Finance

Floating Wind Could Create 52,000 Jobs in Norway, Study Finds

Floating wind alone could create over 52,000 jobs in Norway by 2050, which is around 25 per cent of the total employment in the oil industry in 2019, according to a report from Menon Economics. The report also finds that Norwegian players could take between 5 and 14 per cent of the global floating w

about 4 years ago
Saipem, Havfram to Gauge Offshore Wind Tie-Up
Business & Finance

Saipem, Havfram to Gauge Offshore Wind Tie-Up

Italy-headquartered offshore engineering and construction services provider, Saipem, and Norwegian offshore wind contractor Havfram will evaluate a potential collaboration in the offshore wind sector. The companies will assess the potential collaboration under a non-binding agreement signed between

about 4 years ago
Turbine towed to Hywind Scotland, the first floating wind farm in the UK
Business & Finance

Who Are Potential Bidders in California Offshore Wind Lease Sale?

Ørsted, Equinor, Shell, RWE, and CIP are among the qualified lease sale participants. The final list of eligible bidders will be published in the Final Sale Notice (FSN). There are 23 developers who have already qualified to participate in the lease sale for wind areas offshore California, expected

about 4 years ago
Photo from Borkum Riffgrund 2 which came into operation in 2018.
Business & Finance

Germany Pondering ‘Negative Bidding’ in Offshore Wind, WindEurope Warns About Consequences

Germany is looking to introduce the so-called “negative bidding” for some of its new offshore wind auctions, according to WindEurope, which warned about the effects this approach could have on consumers and the supply chain. Inspired by Denmark, whose Thor offshore wind auction used negative bidding

about 4 years ago
Survey to Begin at Largest Irish Offshore Wind Farm in June
Business & Finance

Survey to Begin at Largest Irish Offshore Wind Farm in June

A geotechnical survey will begin at the Codling offshore wind farm in Ireland at the beginning of June as part of the consenting process for the project. Operations are expected to commence on 6 June at the earliest and are likely to finish on 4 July, weather permitting. The works will consist of a

about 4 years ago
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