If Equinor’s bids are successful at New York State’s latest offshore wind solicitation, that could lead to creation of up to 350 jobs related to manufacturing of wind turbine components at the Port of Albany in upstate New York. Namely, the developer included the Port of Albany in its proposals rece
Dolfines and 8.2 France are joining forces to offer integrated services to the wind energy market, especially the offshore one, by combining their technical expertise in wind turbines, electrical infrastructures and foundations. The offshore wind market’s growth represents a unique opportunity for a
RWE has reported significantly higher adjusted EBITDA at its offshore wind business segment for the first three quarters of 2020, which stood at EUR 738 million, up from EUR 660 million the same period last year. The company attributed the 12 per cent increase primarily to better wind conditions in
North East of England’s Tees Valley is aiming to turn Teesside into ”UK’s premier offshore wind location” with a project to develop a GBP 90 million quay at South Bank on the River Tees. The work on the South Bank Quay is due to begin in August 2021, with completion expected by the end of […]
The Renewables Infrastructure Group Limited (TRIG) has agreed to acquire a 14.3 per cent indirect equity interest in the 714 MW East Anglia ONE offshore wind farm from Green Investment Group (GIG). The investment has been made in a 50 per cent interest in the holding company through which GIG’s init
Eni has set up a joint venture company named Vårgrønn together with Norwegian energy investor HitecVision, with offshore wind being the first item on the to-do list of the newly established business in which the Italian oil & gas major holds a 69.6 per cent stake. Namely, Vårgrønn’s first step will
EDP Renewables and ENGIE have launched the US arm of Ocean Winds (OW), a 50:50 pure-play joint venture targeting floating and offshore wind. After launching OW in Europe back in July, EDP Renewables and ENGIE are now unveiling the OW North America. “OW will be a major element in creating the new cle
Ørsted and the multinational oil and gas major bp have agreed to jointly develop a potential large-scale renewable hydrogen project in Germany powered by offshore wind. The project, which is expected to be operational in 2024, will comprise a 50 MW electrolyser system installed at bp’s Lingen Refine
Red Rock Power Limited has formed a 50:50 joint venture with the Irish state-owned utility ESB to develop the Inch Cape Offshore Limited wind farm development off the east coast of Scotland. Inch Cape is set to be constructed 15 kilometres off the Angus Coast. The project recently received approval
Cloudberry Clean Energy AS has entered into an exclusivity agreement with Downing LLP for the construction and ownership of a 100 MW nearshore, shallow-water wind farm in Lake Vänern in southern Sweden. Back in September, Cloudberry acquired Scanvind2 AS, the holding company of the Rewind Vänern off
Boskalis has reported a revenue increase at its Offshore Energy business in the third quarter of 2020, compared to the previous two quarters, but also a drop in its order book to EUR 1.3 billion (EUR 1.47 billion at the end of June). The company noted a strong contribution from the seabed interventi
The Netherlands-based cable logistics company WIND has officially established a branch office in Taiwan. WIND’s cable crew mobilized all the handling equipment and is ready to start the first renewable storage project next week, the company said. “We are proud that our clients requested us to extend
In the next five years, the offshore wind supply chain could create 4,500 new jobs in the North East England, with the turnover of the UK region’s supply chain companies to more than double in their offshore wind activities over the same period. This is according to the Supply Chain Mapping 2020 res
The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t
