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Business & Finance

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A photo of the Burbo Bank Extension offshore wind farm in the UK
Business & Finance

UK Gauging Offshore Wind Business Opportunities in US

Xodus has completed an analysis of the US offshore wind industry to determine potential opportunities for UK companies to enter the offshore wind market across the pond. According to the study, a rapid expansion in products and services is currently required to deliver projects on time and on budget

about 4 years ago
A photo of a BW Ideol floating wind turbine
Business & Finance

Floating Energy Allyance Says Its ScotWind Project Could Create 3,900 Jobs in Scotland

Floating Energy Allyance (FEA), a consortium comprising BW Ideol, Elicio, and BayWa r.e., has said that its proposals for a floating wind farm, submitted in the ScotWind leasing round, could create 3,900 jobs in Scotland at the peak of manufacturing and construction, if successful in winning the dev

about 4 years ago
A photo of Siemens Gamesa nacelle assembly facility in Taiwan
Business & Finance

Siemens Gamesa Officially Opens Its First Offshore Nacelle Assembly Facility Outside Europe

Siemens Gamesa Renewable Energy has inaugurated its facility for the assembly of offshore wind turbine nacelles in Taiwan, the company’s first such facility outside Europe. The official opening of the facility in Taichung, being held today (14 September), follows the completion of the assembly of th

about 4 years ago
Apollo vessel installing first SeaMade wind turbine
Business & Finance

DEME Bidding in ScotWind Leasing Round

A consortium comprising DEME Concessions, Qair Marine, and Aspiravi International is bidding in Crown Estate Scotland’s ScotWind seabed leasing process, DEME reported on 13 September. Along with offshore wind development, the consortium, called Thistle Wind Partners (TWP), will also actively explore

about 4 years ago
An image rendering new cable laying vessel from High Tien Offshore
Business & Finance

High Tien Offshore to Build Taiwan’s First Large Cable Laying Vessel

High Tien Offshore Engineering (High Tien Offshore) – a company led by a former CSBC president and chairman of CSBC’s joint venture with DEME – is set to invest in a large cable laying vessel (CLV) which will serve the offshore wind market in Taiwan. “Following the investment by CDWE in a large floa

about 4 years ago
An image rendering GE's new blade manufacturing plant in Teesside
Business & Finance

GE’s New Blade Manufacturing Plant in UK Approved

GE Renewable Energy has received the official planning approval from local authorities for its manufacturing plant in Teesside, UK, where LM Wind Power will operate the facility which will be dedicated to the production of its 107-metre-long blades for GE’s Haliade-X offshore wind turbines. The cons

about 4 years ago
Nexans crew on a beach with Nexans cable laying vessel at sea
Business & Finance

Nexans in Export Cable Talks for Major UK Offshore Wind Project

Nexans revealed on 10 September that the company had entered into exclusive negotiations for the supply and installation of both onshore and offshore export cables for an offshore wind project in the UK. The cable manufacturer has not disclosed any specifics about the project and its client, noting

about 4 years ago
TetraSpar Demonstrator
Business & Finance

RWE, NTE, and Havfram Eye Floating Wind Farms Offshore Norway

German energy company RWE and Norway’s NTE and Havfram have signed a collaboration agreement to participate in the Norwegian government’s tender process for floating offshore wind energy, which will begin later this year. The Norwegian Ministry of Petroleum and Energy has designated a new area for t

about 4 years ago
Ocergy floating wind and data buoy platforms
Business & Finance

Manufacturing-Oriented Strategy to Increase Scottish Offshore Wind Content – Report

Scotland’s strategy for increasing the share of local content in wind projects off its coasts, as well as for increasing Scottish content in projects in other markets, should be based on manufacturing, rather than installation, according to a report from the Scottish Offshore Wind Energy Council (SO

about 4 years ago
A photo of an Iberdrola worker facing an offshore wind farm
Business & Finance

Iberdrola Reveals Massive Offshore Wind Power Play in Taiwan

Spanish energy giant Iberdrola has announced three new offshore wind development projects in Taiwan with a combined potential capacity of approximately six gigawatts. The projects are named Da-Chung Bu Offshore Wind (大中部離岸風電), Guo-Feng Offshore Wind (果豐離岸風電) and Ju-Dao Offshore Wind (菊島離岸風電) and wil

about 4 years ago
Ørsted and T&T Group Forge Offshore Wind Alliance in Vietnam
Business & Finance

Ørsted and T&T Group Forge Offshore Wind Alliance in Vietnam

Ørsted and Vietnam’s T&T Group have signed a memorandum of understanding (MOU) to launch a strategic collaboration on offshore wind in Vietnam. The collaboration between Ørsted and T&T is said to bring together a multi-GW pipeline of greenfield offshore wind projects located off the coasts of the Bi

about 4 years ago
A photo of Mooreast's upgraded water-front facility at 51 Shipyard Road in Singapore
Business & Finance

Singapore’s Mooring Solutions Specialist Diversifying into Floating Wind

Singapore-based provider of mooring solutions Mooreast Asia has decided to diversify into the floating wind market and has, for this purpose, acquired an upgraded water-front facility in Singapore that will more than double its capacity. The company will use the new facility for components fabricati

about 4 years ago
GWEC Expects Record Year in Offshore Wind Installations
Business & Finance

GWEC Expects Record Year in Offshore Wind Installations

The Global Wind Energy Council (GWEC) expects 2021 to be the new record year for new offshore wind capacity installed globally. Last year, 6.1 GW of offshore wind capacity were installed globally, a slight decrease from a record 6.24 GW in 2019. With China’s offshore wind sector rushing to install 7

about 4 years ago
A photo of ABB and Aker Solutions representatives
Business & Finance

ABB, Aker Solutions Join Forces on Offshore Wind

ABB and Aker Solutions have added offshore wind to a strategic alliance agreement the two companies signed in 2016 for seabed solutions for oil and gas. The updated agreement, which now also includes offshore fish farming, covers electrical and control for seabed solutions and offshore wind, power-f

about 4 years ago
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