Siemens Gamesa has produced the 500th nacelle for an offshore wind turbine at its manufacturing plant in Cuxhaven, Germany. The milestone was reached with a nacelle for the Hornsea Two offshore wind farm in the UK. The offshore nacelle manufacturing plant in Cuxhaven was opened in 2017 and regular o
Mainstream Renewable Power has signed a Joint Development Agreement with Vietnam’s Advance Information Technologies Corporation (AIT) to co-develop a 500 MW offshore wind project in Ben Tre province, Vietnam. The wind farm project is expected to reach financial close and start construction by 2023/2
CWind has completed this year’s campaign at the East Anglia One offshore wind farm in the UK. Last year, CWind secured a multi-year contract to provide below water services, including subsea inspections of the jackets and offshore substation, corrective maintenance, as well as pre-engineering studie
Global Tech I has refinanced its non-recourse debt, according to Green Giraffe, which acted as a financial advisor to Global Tech I and its sponsors. The refinancing, for which the transaction closed on 2 November, gathered a large sponsor group, led by SWM Stadtwerke München, Axpo Group and ENTEGA
Offshore wind turbine manufacturer MHI Vestas recorded EUR 30 million net profit in the third quarter of 2020. The company’s revenue stood at EUR 508 million for the period, an increase of EUR 109 million compared to the same quarter last year. The revenue in the third quarter was driven by the deli
Ørsted has issued its second TWD denominated green bond in Taiwan to raise financing for its continuing investments in the Greater Changhua 1 & 2a offshore wind project. The new unsecured green senior bonds comprise a 7-year TWD 4 billion fixed-rate tranche, a 10-year TWD 3 billion fixed-rate tranch
Equinor has published the summary reports from the first phase of community consultations for the extensions of the Sheringham Shoal and Dudgeon offshore wind farms in the UK. As part of the development process, early-stage proposals were presented locally and online for feedback from the community
Aker Offshore Wind has secured a grant from Norway’s Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of floating offshore wind. The launched project study explores how the supplier industry can develop and support the realization of floating of
Denmark-headquartered consultancy NIRAS has revealed plans to enhance its presence in the Asia-Pacific offshore wind market. In line with this, NIRAS appointed its first company member in Japan, Seiko Toki, who took over the role of senior consultant to further expand the services. Toki will spearhe
Equinor plans to expand its acquisition of wind acreage and will continue to leverage its position in offshore wind, the company said in a press release from 2 November. The oil and gas major, which has been making significant renewable energy steps over the past several years, will establish renewa
Vestas Wind Systems and Mitsubishi Heavy Industries have signed an agreement through which Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture. Vestas is to acquire MHI’s 50 per cent share of the MHI Vestas joint venture against 5,049,337 shares in Vestas that will be issu
The Danish Energy Agency (DEA) and Energinet will in November host a virtual market dialogue related to the upcoming tender for the Hesselø offshore wind project. The market dialogue, to be held between 25 and 30 November, will see the main elements of the tender discussed with the industry which wi
France’s Ideol has signed a formal collaboration agreement with the Swedish Bygging Uddemann (BYUM) for the delivery of its concrete floaters for offshore wind. Under the deal, BYUM will provide its know-how in serial production of concrete structures to fabricate the floating offshore wind platform
The Offshore Wind Growth Partnership (OWGP) has launched a GBP 1.5 million funding call for UK companies aimed at boosting the local offshore wind supply chain. Development grants of between GBP 75,000 and GBP 500,000 are available for capital and operational expenditure on projects that aim to unlo
