Boskalis has reported a 10 per cent increase in the order book of its Offshore Energy division in the first quarter of the year (compared to the end of 2020), with around 50 per cent of new orders coming from the offshore wind sector. The first quarter at the company’s Offshore Energy division proce
Polish manufacturer of offshore wind foundations, ST3 Offshore, has issued a third tender looking for buyers for the company, now reducing the price by further 10 per cent. In the current tender, the starting price has been reduced to PLN 187,744,000 (around EUR 41.3 million) net. “This is 20% less
World’s leading offshore wind developer Ørsted has submitted an application to build and operate an offshore wind farm in a country that is just only beginning to tap into its offshore wind potential. This is an excerpt from a Premium article published on our sister site offshore-energy.biz. If you
Norway’s OHT Alfa Lift AS has received and accepted a firm offer, subject to satisfactory documentation, for a USD 135 million Senior Secured Green ECA Credit Facility. The loan is for the post-delivery financing of the company’s wind foundation installation vessel Alfa Lift. The facility, to be dra
German energy company reported an adjusted EBITDA of EUR 297 million in the Offshore Wind segment in the first quarter of 2021, a 31 per cent drop compared to EUR 431 million reported for the same period in 2020. A key factor here were wind volumes in Northern and Central Europe, which were well bel
UK oil major BP and the German energy company EnBW will be taking part in the upcoming ScotWind seabed leasing round in Scotland. The companies have now launched a bespoke online portal for the Scottish engineering and supply sector, as they aim to expand their partnership’s offshore wind portfolio
GE Renewable Energy and Toshiba Energy Systems and Solutions Corporation have signed a strategic partnership agreement to localize critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine in Japan and to support its commercialization in the country. The two companies said
Mitsubishi Research Institute (MRI) and BVG Associates (BVGA) have signed a memorandum of understanding (MoU) to strengthen cooperation in high value-added consulting services in offshore wind, serving the offshore wind market in Japan and Japanese clients, globally. The Japanese government has an o
Wpd announced on 5 May that it set up two companies in Greece to develop wind and solar energy projects in the country, and is looking for opportunities to also expand its offshore wind portfolio. Through its companies – wpd solar Hellas and wpd Hellas onshore – wpd is taking up project development
German energy company EnBW Energie Baden-Württemberg AG reported a drop in first-quarter earnings in 2021 compared to the previous year, attributed partly to poorer wind conditions than in Q1 2020. EnBW generated revenue of some EUR 6.83 billion (previous year EUR 5.58 billion), and an operating res
A Spanish-Japanese company has unveiled plans for a 500 MW floating wind farm in the North East of Scotland and is now looking for a financial partner to develop and build the project. The company, with head offices in Madrid and Tokyo, announced on 5 May that it had begun the process of searching f
PGE and Ørsted have closed the joint venture agreement for two Polish offshore wind projects with a combined capacity of up to 2.5 GW. With the closing of the agreement, first announced in February, PGE and Ørsted now each own 50 per cent of the shares in the offshore wind projects Baltica 2 and Bal
Six offshore wind projects under development in the UK, with a total installed capacity 5.5 GW, have passed their Milestone Requirement (MR), Low Carbon Contracts Company (LCCC) reported. The MR is the first significant milestone for projects awarded Contracts for Difference (CfDs), as it requires d
Equinor and Vårgrønn, a joint venture (JV) between Eni and HitecVision, have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway at one of the two areas the country opened last year. The partners said they would jointly prepare and submit an application to the Norwe
