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Business & Finance

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Ørsted Opens Applications for Apprenticeship Programme
Business & Finance

Ørsted Opens Applications for Apprenticeship Programme

Ørsted has opened up applications for its wind turbine technician apprenticeship programme in the UK. The programme spans across three and a half years and sees apprentices studying locally for their first year before getting hands on experience working offshore and across the company in their secon

about 5 years ago
Apollo and Vekta Group Join Forces for Offshore Wind
Business & Finance

Apollo and Vekta Group Join Forces for Offshore Wind

Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors. The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience. T

about 5 years ago
Eni Completes Dogger Bank Stake Buy
Business & Finance

Eni Completes Dogger Bank Stake Buy

Italian oil and gas major Eni has completed the acquisition of a 20 per cent stake in the 1.2 GW Dogger Bank A and the 1.2 GW Dogger Bank B offshore wind farms in the UK. Eni bought the stakes from Equinor (10 per cent) and SSE Renewables (10 per cent). Following this transaction, the […]

about 5 years ago
China Close to Overtaking UK in Offshore Wind Capacity Race
Business & Finance

China Close to Overtaking UK in Offshore Wind Capacity Rankings

China installed a record 3,060 MW of new offshore wind capacity in 2020, corresponding to over half of the offshore wind capacity added globally last year, according to the latest data released by GWEC Market Intelligence. Overall, China had 9,898 MW of installed offshore wind capacity at the end of

about 5 years ago
Monopiles and transition pieces being loaded at Bladt site
Business & Finance

Bladt Expanding Its Facilities to Accommodate Production of Giant OWF Foundations

Bladt Industries is investing in an expansion of its production facilities at Lindø port of Odense in Denmark to enable the production of XXL monopiles for future offshore wind turbines. The planning for new facilities has already begun and the company has already signed the first agreements with ma

about 5 years ago
Apollo Secures Funding for Floating Wind Mooring Solution
Business & Finance

Apollo Secures Funding for Floating Wind Mooring Solution

Apollo Engineering has secured a share of GBP 1.3 million funding from the Offshore Wind Growth Partnership (OWGP) to tackle mooring challenges of floating offshore wind. Apollo said its PALM device is a form of disruptive technology focused on the safe and quick connection/ disconnection of the cri

about 5 years ago
ST3 Offshore site in Szczecin, Poland
Business & Finance

ST3 Offshore for Sale After Entering Bankruptcy

Polish manufacturer of steel foundations for offshore wind farms, ST3 Offshore – which declared bankruptcy in March 2020 – has been put up for sale by the Official Receiver of the company in insolvency. A tender has been issued for the sale of ST3 Offshore with a reserve price of the company amounti

about 5 years ago
SSE Renewables and Acciona Forge Iberian Offshore Wind Alliance
Business & Finance

SSE Renewables and Acciona Forge Iberian Offshore Wind Alliance

Scotland’s SSE Renewables and Spain’s Acciona S.A. have signed an exclusivity agreement regarding the formation of a 50/50 joint venture to enter the emerging Spanish and Portuguese offshore wind markets. SSE Renewables and Acciona will create a JV with expertise throughout the development, construc

about 5 years ago
Offshore Wind to Power Europe’s Largest Power-to-X Plant
Business & Finance

Offshore Wind to Power Europe’s Largest Power-to-X Plant

Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the plant will be Europe’s largest production facility of CO2-free green ammonia, CIP s

about 5 years ago
Blue Gem Submits Scoping Report for Second Celtic Sea Floater
Business & Finance

Blue Gem Submits Scoping Report for Second Celtic Sea Floater

Blue Gem Wind, the joint venture of Total and Simply Blue Energy, has submitted the scoping report for the Valorous floating offshore wind project in the Celtic Sea. The proposed Valorous site is located approximately 50 km South West of the Pembrokeshire coastline. Valorous represents the second fl

about 5 years ago
CS Wind UK tower manufacturing facility
Business & Finance

UK to Fund Offshore Wind Manufacturing in Disadvantaged Regions

The UK Department for Business, Energy and Industrial Strategy (BEIS) has launched an Offshore Wind Investment Programme to support the delivery of manufacturing investment in the offshore wind supply chain in disadvantaged or deprived regions in the UK. UK-registered businesses can apply until 11:5

about 5 years ago
France's Calvados Offshore Wind Farm Enters Construction Phase
Business & Finance

France’s Calvados Offshore Wind Farm Enters Construction Phase

Construction activity has started on the 448 MW Calvados offshore wind farm in France. The start of the construction phase follows the finalisation of financing agreements between the Eoliennes Offshore du Calvados (EODC) consortium of EDF Renewables, Enbridge, and wpd, and its financial partners. T

about 5 years ago
An offshore wind farm with a wind turbine up close
Business & Finance

RenewableUK: Projects Like Norfolk Vanguard Needed to Reach UK’s Offshore Wind Target

Commenting on the UK’s High Court ruling on the Norfolk Vanguard offshore wind project, RenewableUK’s Deputy Chief Executive Melanie Onn said that such projects need to go ahead as swiftly as possible in order for the UK to achieve its goal of having 40 GW of offshore wind by 2030. New offshore wind

about 5 years ago
An East Point Geo team mobilising for an offshore project
Business & Finance

AqualisBraemar LOC Continues Acquisition Spree, Buys East Point Geo

AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said

about 5 years ago
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