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Aerial view of Burntisland Fabrications Ltd ( BiFab) yard at Methil in Fife, Scotland, UK
Business & Finance

Harland & Wolff Taking Over BiFab Methil, Arnish Sites

Owner of the Harland & Wolff shipyards, InfraStrata, is acquiring the assets of Scotland’s Burntisland Fabrication (BiFab) at Methil in Fife and Arnish in Western Isles. BiFab officially went into administration in December 2020 after a deal for jacket foundation work for the Neart Na Gaoithe (NnG)

about 5 years ago
Cable installation at an offshore wind farm
Business & Finance

OWA Releases Export Cable Design Recommendations to Prevent Failure

The Carbon Trust’s Offshore Wind Accelerator (OWA) has published new recommendations for fibre optic cable design to mitigate the risk of export cable failure in offshore wind. The five key recommendations are: The optical fibres should be encompassed by a stainless steel tube and stainless-steel wi

about 5 years ago
An image of Ideol floating wind foundation
Business & Finance

FPSO Operator BW Offshore to Enter Floating Wind

Another company involved in the oil & gas sector has set its sights on offshore wind, as the industry increasingly moves towards renewable energy amid the global energy transition. The latest to announce its clean energy plans is BW Offshore, which is now in investment discussions with the floating

about 5 years ago
An image showing Baltica 2 & 3 projects' locations off Poland
Business & Finance

Ørsted Buys Into Baltica 2 & 3 OWFs in Poland

Ørsted and PGE Polska Grupa Energetyczna have signed an agreement to form a 50/50 joint venture for the development, construction and operation of the 1.5 GW Baltica 2 and 1 GW Baltica 3 offshore wind farms in Poland. The agreement was signed following negotiations that PGE and Ørsted started back i

about 5 years ago
Horns Rev 3 Gets DNV GL Project Certificate
Business & Finance

Horns Rev 3 Gets DNV GL Project Certificate

DNV GL has officially issued the project certificate to Vattenfall for its Horns Rev 3 offshore wind farm in Denmark. The certification covered the turbines including their support structure plus all the cabling connecting them to the offshore substation. Inspections were carried out over a three-ye

about 5 years ago
An offshore wind farm
Business & Finance

OWC Teams Up with Ambiens in Poland

Offshore Wind Consultants (OWC) and Polish environmental consulting company Ambiens have signed a memorandum of understanding (MOU) to cooperate on offshore wind developments in Poland. OWC, a subsidiary of AqualisBraemar LOC, is supporting projects that are already in development in Poland, but als

about 5 years ago
Northland Power to Bid in Taiwanese Offshore Wind Auction
Business & Finance

Northland Power to Bid in Taiwanese Offshore Wind Auction

Northland Power is planning to submit applications for two new proposed development sites in the upcoming Round 3 offshore wind auction in Taiwan. Referred to as NorthWind and CanWind, the proposed sites can accommodate a total capacity of up to 1,800 MW and are located off the coasts of Taichung co

about 5 years ago
Crowley and Watco Working Together for US Offshore Wind
Business & Finance

Crowley and Watco Working Together for US Offshore Wind

Crowley and Watco are partnering to create a single-source terminal and supply chain management solution to support the U.S. offshore wind industry. The parties will collaborate to provide customized terminal design, project management, warehousing, logistics, supply chain management and equipment m

about 5 years ago
Floating Wind and Hydrogen Supply Chains in Scotland and France
Business & Finance

Probe Starts into Floating Wind and Hydrogen Supply Chains in Scotland and France

The Scottish Government has awarded the European Marine Energy Centre (EMEC) a contract to explore opportunities for floating offshore wind and hydrogen supply chains in Scotland and France. EMEC will partner with French engineering firm INNOSEA and London-based Renewables Consulting Group (RCG) to

about 5 years ago
ASML Buys Some of Belgian Offshore Wind Power
Business & Finance

ASML Buys Some of Belgian Offshore Wind Power

RWE and ASML, the world’s largest supplier of lithography systems for the semiconductor industry, have signed a Power Purchase Agreement (PPA). Under the terms of the 10-year agreement, which is already underway, ASML will be provided with more than 250 gigawatt-hours of green electricity per year f

about 5 years ago
The WindFloat Atlantic floating wind farm in Portugal
Business & Finance

162 Offshore Wind Farms Up and Running Worldwide, 26 More Under Construction

Last year, 15 new offshore wind farms generated their first electricity and there are now 162 offshore wind farms up and running worldwide. Soon, 26 more that are under construction will join the global fleet. This is according to the Global Offshore Wind Report 2020 from World Forum Offshore Wind (

about 5 years ago
WindEurope: UK Round 4 Leasing Risks Making Offshore Wind More Expensive
Business & Finance

WindEurope: UK Getting Seabed Leasing ‘Badly Wrong’

The UK’s recent Offshore Wind Round 4 seabed leasing represents a risk for raising costs of offshore wind due to the option fee that investors need to pay upfront for the right to develop projects, WindEurope said. In its latest leasing round, the UK introduced a new bidding system that makes invest

about 5 years ago
Iberdrola's Wikinger offshore wind farm in the German Baltic Sea
Business & Finance

Iberdrola’s EUR 2 Billion Green Bond to Fund Saint Brieuc, Baltic Eagle OWFs

Iberdrola has launched a green hybrid bond amounting to EUR 2 billion and will use the raised funds to finance and refinance the Saint-Brieuc and Baltic Eagle offshore wind farms in France and Germany, respectively. The company said that this was the largest green hybrid bond issue in its history an

about 5 years ago
RenewableUK’s Deputy Chief Executive Melanie Onn.
Business & Finance

RenewableUK Voices Concerns Over Round 4 Option Fees

RenewableUK has welcomed the selection of preferred bidders at the Crown Estate’s Offshore Wind Leasing Round 4, but warned about the effect of the option fees on developers and, ultimately, consumers. The Crown Estate has selected six projects that will now move to the next stage of the process, wh

about 5 years ago
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