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Business & Finance

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An offshore wind farm with a wind turbine shadow on the water surface
Business & Finance

Ørsted and Eversource File Bid for Sunrise Wind 2 OWF in New York

Ørsted and Eversource have placed a joint bid for a new offshore wind project in New York, named Sunrise Wind 2, in the state’s second offshore wind solicitation. The developers filed multiple proposals for the project with the New York State Energy Research and Development Authority (NYSERDA) on 20

about 5 years ago
Global Wind Service Settles in Taiwan
Business & Finance

Global Wind Service Settles in Taiwan

Global Wind Service (GWS) has established a branch in Taipei, Taiwan, to support the local offshore wind market. GWS said that having a separate branch in Taiwan is part of its growth strategy and an important step to support its partners in the growing Taiwanese offshore market. Represented by Regi

about 5 years ago
Van Oord Takes Stake in Estonian Offshore Wind Developer
Business & Finance

Van Oord Takes Stake in Estonian Offshore Wind Developer

Van Oord has acquired a stake in the Estonian offshore wind developer Saare Wind Energy. Saare Wind Energy is developing the Saaremaa offshore wind farm at an area covering up to 200 square kilometres south-west of the Estonian island Saaremaa. The area could facilitate an offshore wind farm of over

about 5 years ago
SSE Holding Consultations for Arklow Bank 2
Business & Finance

SSE Holding Consultations for Arklow Bank 2

SSE Renewables is holding public consultations in the South Wicklow and North Wexford areas in Ireland for the Arklow Bank Phase 2 offshore wind project. During the consultations held from 14 October to 11 November, the public will be able to provide feedback on the offshore infrastructure and onsho

about 5 years ago
Polish Utility Lays Out 6.5 GW Offshore Wind Target
Business & Finance

Polish Utility Sets 6.5 GW Offshore Wind Target

Polish energy company PGE plans to develop 6.5 GW of offshore wind capacity in the Baltic Sea as part of the strategy to become climate neutral by 2050. As part of its transformation plan, PGE intends to build two offshore wind farms with a combined capacity of 2.5 GW by 2030. The utility said that

about 5 years ago
Swancor and MIRDC representatives shaking hands after signing the floating wind MOU
Business & Finance

Swancor Renewable Energy Signs Floating Wind MOU in Taiwan

Swancor Renewable Energy and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a Memorandum of Understanding (MOU) on floating offshore wind. Under the MOU, the two parties will cooperate on advancing the deployment of floating wind technology in Taiwanese waters and suppor

about 5 years ago
WIND Opens New Cable Warehouse
Business & Finance

WIND Opens New Cable Warehouse

Dutch cable logistics company WIND has opened a new European warehouse and operational office. WIND opened the new warehouse and office last week at its cable storage yard in Velsen Noord, the Netherlands. The new warehouse will be used to store accessories and equipment for the repair of inter-arra

about 5 years ago
A crew transfer vessel at an offshore wind turbine
Business & Finance

RWE Renewables Orders Machine Learning Tool for Turbine Access

RWE Renewables has placed an order with a UK company Cognitive.Business for a machine learning tool that will improve vessel-to-turbine transfers at operational offshore wind farms. The tool, called WAVES (Wind Accessibility Verification for Enhanced Safety), enables highly accurate, localised asses

about 5 years ago
Ofgem-Picks-New-Renewable-Energy-Site-Auditor
Business & Finance

Ofgem Picks New Renewable Energy Site Auditor

Black & Veatch has secured a contract to deliver Ofgem’s new statistical audit programme of randomly selected accredited renewable energy generating stations. As part of the Renewable Obligation Statistical Audit Programme, Black & Veatch will audit offshore and onshore wind, solar, marine, biomass,

about 5 years ago
The Veja Mate offshore wind farm
Business & Finance

European Companies Team Up to Provide MWS Services for US Offshore Wind

UK-headquartered Charles Taylor Marine Technical Services and Denmark-based Survey Association have formed a strategic alliance to provide Marine Warranty Surveyor (MWS) services to the U.S. offshore wind sector. The new alliance highlighted its in-depth marine operations experience brought in by bo

about 5 years ago
Vattenfall and Synthos Set Sights on Baltic Sea Offshore Wind Projects
Business & Finance

Vattenfall and Synthos Set Sights on Baltic Sea Offshore Wind Projects

Vattenfall and the Polish chemical manufacturing company Synthos have signed a Memorandum of Understanding to explore opportunities for co-operation within the offshore wind industry in Poland and the Baltic states. The MoU comes just days after the Baltic bordering countries signed a declaration to

about 5 years ago
The EOWDC offshore wind turbines photographed from Balmedie Beach
Business & Finance

EOWDC to Bring Aberdeenshire EUR 5.5 Million Each Year for Two Decades

European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen Offshore Wind Farm and “famous” for being the offshore wind project the current U.S. President Donald Trump fought against, is estimated to bring the Aberdeenshire area more than GBP 100 million (around EUR 110 million) over it

about 5 years ago
An offshore energy vessel
Business & Finance

German Shipbroker Becomes Ship Finance Boutique for Offshore Renewables

Hamburg-based Waterworks Offshore Services has reshuffled its business to exclusively serve the offshore renewable sector and to switch from a ship brokerage shop to a ship finance institution. “Traditionally coming from Chartering and S&P in the offshore markets, Waterworks today becomes the first

about 5 years ago
A photo of an offshore wind farm in sunset
Business & Finance

Australia Earmarks EUR 2.9 Million for Offshore Renewables Regulatory Framework

Australian government has dedicated AUD 4.8 million (around EUR 2.9 million) from its 2020-2021 Federal Budget to the development of a regulatory framework related to offshore renewables. According to the budget document, the funds will “support the development of a regulatory framework for offshore

about 5 years ago
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