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Offshore Wind to Power Every Home by 2030
Business & Finance

UK Prime Minister: Offshore Wind to Power Every Home by 2030

UK Prime Minister Boris Johnson has set out commitments to ensure that offshore wind will produce more than enough electricity to power every home in the country by 2030, based on current electricity usage, boosting the government’s previous 30 GW target to 40 GW. The commitments, part of the Build

about 5 years ago
Equinor and Polenergia Start Gauging Polish Offshore Wind Supply Chain Potential
Business & Finance

Equinor and Polenergia Start Gauging Polish Offshore Wind Supply Chain Potential

Polenergia S.A. and Equinor have started preparations to develop the supply chain for the two offshore wind projects in the Polish Baltic Sea with a combined capacity of 1.44 GW. Polenergia and Equinor hold 50 per cent stakes each in MFW Bałtyk II Sp. z o.o. and MFW Bałtyk III Sp. z o.o., the specia

about 5 years ago
North Sea Wind Power Hub Gets EUR 14 Million EU Grant
Business & Finance

North Sea Wind Power Hub Gets EUR 14 Million EU Grant

The European Commission is investing EUR 14 million in the North Sea Wind Power Hub (NSWPH) program. The financing will be used to carry out a study to support the development of the project. Consortium partners behind the NSWPH, Gasunie, TenneT Netherlands, TenneT Germany, and Energinet have joined

about 5 years ago
Maine Getting USD 2 Million Offshore Wind Support
Business & Finance

Maine Getting USD 2 Million Offshore Wind Support

U.S. Department of Commerce is awarding a USD 2.166 million grant to support the development of the offshore wind industry in Maine. The grant, awarded by the Department’s Economic Development Administration (EDA), will be used to develop a roadmap for establishing an offshore wind industry in this

about 5 years ago
Shell logo event booth. Copyright: Navingo.
Business & Finance

Offshore Wind, Hydrogen in Focus of Shell’s German Business Overhaul

Shell is restructuring its business in Germany as the energy transition progresses worldwide, the oil giant announced on 29 September, listing offshore wind and hydrogen as some of the key elements of its operations in the country. The company said it plans to participate in the production of electr

about 5 years ago
Floating Wind Brings Principle Power and Technology From Ideas Together
Business & Finance

Floating Wind Brings Principle Power and Technology From Ideas Together

Principle Power has partnered with Irish company Technology From Ideas (TfI) for the development of shallow-water mooring components for floating offshore wind. An international consortium led by Principle Power secured a contract by the U.S. National Offshore Wind Research and Development Consortiu

about 5 years ago
ProCon Wraps Up Yunlin Job
Business & Finance

ProCon Wraps Up Yunlin Job

ProCon Wind Energy has completed its scope of work at the Yunlin offshore wind project in Taiwan. ProCon was in charge of the electrical outfitting of 80 E-modules and pre-assembly work on 40 transition pieces on the project for Smulders. Although work for Yunlin is completed, the company revealed i

about 5 years ago
Poland Could Run on Offshore Wind – PWEA
Business & Finance

Poland Could Run on Offshore Wind – PWEA

Offshore wind could cover close to 60 per cent of Poland’s forecasted electricity demand by 2050, according to a report by the Polish Wind Energy Association (PWEA). According to the report, Poland would need to develop 28 GW of operating offshore wind capacity in the Baltic Sea to achieve this. Thi

about 5 years ago
Seaway 7 Adding New Cable Laying Vessel to Fleet
Business & Finance

Seaway 7 Adding New Cable Lay Vessel to Fleet

Seaway 7 is converting Seven Phoenix into a dedicated inter-array grid and export cable installation and trenching support vessel. According to Seaway 7, the vessel will operate under its new name Seaway Phoenix on the first assignment with the company. It was originally constructed as a dedicated t

about 5 years ago
Ørsted Close to Buying Into Polish Offshore Wind Projects
Business & Finance

Ørsted Close to Buying Into Polish Offshore Wind Projects

Ørsted and PGE Polska Grupa Energetyczna S.A. (PGE) have entered the final stage of negotiations to jointly develop two offshore wind farms in the Polish Baltic Sea with the combined capacity of 2.5 GW. As reported last October, PGE and Ørsted started negotiating the sale of 50 per cent stakes in tw

about 5 years ago
Australias-First-Offshore-Wind-Project-Setting-Up-Community-Advisory-Group
Business & Finance

Australia’s First Offshore Wind Project Setting Up Community Advisory Group

Star of the South Wind Farm is establishing a community advisory group for what is to be Australia’s first offshore wind farm. The advisory group will be set up with people from across Gippsland in order to share information, answer questions and seek local advice as planning of the project continue

about 5 years ago
Irish Shipping Company Ventures Into Offshore Wind
Business & Finance

Irish Shipping Company Ventures Into Offshore Wind

The Cork-based shipping company, Irish Mainport Holdings, has entered into the offshore wind sector by buying a share in the compatriot offshore services company, Alpha Marine. Irish Mainport Holdings has also bought a 50-metre survey and research ship, the Mainport Geo, to service the offshore wind

about 5 years ago
Construction Starts on Siemens Gamesa's French Turbine Plant
Business & Finance

Construction Starts on Siemens Gamesa’s French Turbine Plant

Siemens Gamesa has begun the construction of its offshore wind turbine plant in the Port of Le Havre, France. The company revealed earlier this summer that the consortium led by GTM Normandie-Centre is in charge of the turbine plan construction. As part of the consortium, ENGIE Solutions is responsi

about 5 years ago
New-Irish-Company-Establishing-Offshore-Wind-Base
Business & Finance

New Irish Company Establishing Offshore Wind Base

Green Rebel Marine has acquired Crosshaven Boatyard in County Cork, which will be used to service planned offshore wind projects in Ireland. The nine-acre site, which will continue its normal operations as a boatyard, will serve as a base for the new operation to survey, equip and service a network

about 5 years ago
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