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Business & Finance

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GIG Enters Irish Offshore Wind Market, Buys a Relevant Status Project
Business & Finance

GIG Enters Irish Offshore Wind Market, Buys a Relevant Status Project

Macquarie’s Green Investment Group (GIG) has acquired Fuinneamh Sceirde Teoranta (FST), the developer of the Sceirde Rocks offshore wind farm, in Galway, Ireland. Sceirde Rocks is a proposed 400 MW offshore wind farm, capable of generating enough energy to power the equivalent of up to 295,000 homes

about 4 years ago
An image of the Principle Power floating wind technology
Business & Finance

Aker Offshore Wind, Hexicon Launch Floating Wind Joint Venture in Sweden

After announcing their collaboration on floating wind development in Sweden earlier this year, Aker Offshore Wind and Hexicon have now established a 50/50 joint venture in the country. The two companies have appointed former Swedish Finance Minister Pär Nuder and former Vattenfall executive Mikael K

about 4 years ago
The Burbo Bank offshore wind farm in the UK
Business & Finance

GBP 3 Million Available for Innovative UK Offshore Wind Supply Chain Projects

The UK’s Offshore Wind Growth Partnership (OWGP) has launched a GBP 3 million (around EUR 3.5 million) funding programme available for UK offshore wind supply chain companies with a focus on projects in the offshore wind consenting and site development process. Innovation grants of between GBP 25,00

about 4 years ago
A photo of a wpd offshore wind farm
Business & Finance

WPD Joins JRE in Developing Offshore Wind Project in Japan

Japan Renewable Energy Corporation (JRE) and wpd AG group have agreed that wpd will invest and co-develop the Saikai Enoshima offshore wind project being developed by JRE. The project aims to construct and operate offshore wind farms with a maximum output capacity of 299.5 MW offshore Enoshima, Saik

about 4 years ago
Awind Orders CSOVs, Targets Offshore Wind
Business & Finance

IWS Buys 30 Pct Stake in PEAK Wind

Norway-headquartered Integrated Wind Solutions (IWS) has acquired 30 per cent ownership in the Danish provider of operations and asset management advisory and services for offshore wind, PEAK Wind Group ApS (PEAK Wind). The three PEAK Wind co-founders will retain 70 per cent ownership after the tran

about 4 years ago
JDR Adopts Resonant Test Tech for 66kV Inter-Array Cables
Business & Finance

JDR Adopts Resonant Test Tech for 66kV Inter-Array Cables

JDR Cable Systems has adopted HIGHVOLT Prüftechnik Dresden’s Resonant Test System (RTS) for testing inter-array cables at offshore wind projects. The test system is purpose-built for post-installation testing of 66 kV offshore inter-array cables according to the international standard IEC 63026. T

about 4 years ago
ODE, DongYang Engineering to Develop Substation Design for Korean Offshore Wind Farms
Business & Finance

ODE, DongYang Engineering to Develop Substation Design for Korean Offshore Wind Farms

UK-based Offshore Design Engineering Limited (ODE), part of the DORIS Group, and Korean engineering company DongYang Engineering (DYE) plan to jointly develop an offshore substation design specifically for Korean offshore wind farms. The plan is part of the business development activities and the ex

about 4 years ago
Shimizu and Heerema to Jointly Tackle Japanese Offshore Wind Market
Business & Finance

Shimizu and Heerema to Jointly Tackle Japanese Offshore Wind Market

Japan’s Shimizu Corporation and Heerema Marine Contractors have entered into a cooperation agreement for the Japanese offshore wind market. The cooperation is primarily focussed on installing turbine foundations, where Heerema will support Shimizu with engineering and offshore construction expertise

about 4 years ago
SG 11.0-200 DD
Business & Finance

BASF Completes Hollandse Kust Zuid Stake Buy

German chemicals giant BASF has completed the purchase of 49.5 per cent of the Hollandse Kust Zuid offshore wind farm from Vattenfall, following the approval of all relevant authorities. The closing of the transaction, originally expected for the fourth quarter of 2021, was completed earlier than pl

about 4 years ago
Australia Introduces Offshore Electricity Infrastructure Bill
Business & Finance

Australia Introduces Offshore Electricity Infrastructure Bill

The government of Australia has introduced legislation that will allow offshore wind projects to be built in Commonwealth waters. The Offshore Electricity Infrastructure Bill 2021 will allow the government to designate Offshore Electricity Areas in Commonwealth waters more than three miles offshore.

about 4 years ago
A photo of the WindFloat Atlantic floating wind farm n Portugal
Business & Finance

EU-Wide Partnership to Deliver ‘World-First’ Bankable Hybrid Marine Energy Parks

Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched EUR 45 million marine energy project ‘European Scalable Offshore Ren

about 4 years ago
2 MW floating wind turbine at Kincardine site
Business & Finance

Flotation Energy, CSBC Unveil Floating Wind Plans in Taiwan

Scotland-headquartered floating wind project developer Flotation Energy and Taiwan’s CSBC Corporation have signed a Memorandum of Understanding (MoU) under which the two companies will join forces on developing floating offshore wind energy projects in Taiwan. Flotation Energy, which was recently se

about 4 years ago
Offshore wind turbines in the sunset.
Business & Finance

Costa Rica Making First Offshore Wind Moves

The Global Wind Energy Council (GWEC), the Vice-ministry of Energy and Environmental Quality (MINAE) of Ministry of Environment, and Energy and Costa Rican Electricity Institute (ICE) have kicked-off a joint initiative to build knowledge about the local benefits of offshore wind and explore pathways

about 4 years ago
Vattenfall and Hellenic Cables Open Offshore Wind Tab
Business & Finance

Vattenfall and Hellenic Cables Open Offshore Wind Tab

Hellenic Cables has secured its first contract with Vattenfall under which it will deliver the inter-array cables for the Vesterhav Nord and Vesterhav Syd offshore wind farms in Denmark. The Greek company will design, manufacture, test, and supply approximately 70 kilometers of 66kV XLPE insulated i

about 4 years ago
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