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Business & Finance

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Leases Secured for Four UK Offshore Wind Extensions
Business & Finance

RWE Signs Lease Agreements for Four UK Offshore Wind Extensions

RWE and its project partners have signed lease agreements with The Crown Estate to develop extensions of the Gwynt y Môr, Galloper, Greater Gabbard and Rampion offshore wind farms in the UK. Each proposal has already progressed through the plan level Habitats Regulations Assessment stage (HRA), The

about 5 years ago
Thailand's Gulf Officially Takes 50 Per Cent Stake in German Offshore Wind Farm
Business & Finance

Thailand’s Gulf Officially Takes 50 Per Cent Stake in German Offshore Wind Farm

Thailand’s Gulf Energy Development Public Company Limited has officially taken over the 50 per cent stake in the Borkum Riffgrund 2 offshore wind farm from Global Infrastructure Partners. In July, Gulf acquired 50 per cent shares of Borkum Riffgrund 2 Investor Holding (BKR2) through its subsidiary G

about 5 years ago
Germans and Scots Set Up Offshore Wind and Green Hydrogen Co-Op
Business & Finance

Germans and Scots Set Up Offshore Wind and Green Hydrogen Co-Op

German wind industry association WAB e.V. has signed a three-year cooperation agreement with Scottish partner DeepWind to collaborate for the expansion of offshore wind and the development of a market for green hydrogen from wind energy. WAB and DeepWind plan to exchange and analyze information, exp

about 5 years ago
INEOS Buys Norther Offshore Wind Power
Business & Finance

INEOS Buys Norther Offshore Wind Power

INEOS has signed an agreement with Engie to buy 84 MW of energy produced by the Norther offshore wind farm in Belgium. The 84 MW will initially be used by existing INEOS production sites and later by Project ONE, the company’s investment in two chemical plants for the production of ethylene and prop

about 5 years ago
Energi Coast Sets Up Offshore Wind Innovation Group
Business & Finance

Energi Coast Sets Up Offshore Wind Innovation Group

North East England’s offshore wind cluster Energi Coast is launching a new Innovation Group which aims to develop long-term solutions to meet the requirements for new technology in offshore wind. The purpose of the group is to progress major innovation opportunities for the region’s offshore wind in

about 5 years ago
DEA and World Bank Chart Vietnamese Offshore Wind Roadmap
Business & Finance

Vietnam Primed for 10 GW by 2030 Offshore Wind Push

The Danish Energy Agency and the World Bank Group have prepared a roadmap for the development of offshore wind in Vietnam, which recommends that 10 GW of offshore wind power could be operational in the country by 2030. The Input to Roadmap for Offshore Wind Power Development in Vietnam report also r

about 5 years ago
Swancor Renewable Energy Developing 4.4 GW Formosa Sequel
Business & Finance

Swancor Renewable Energy Developing 4.4 GW Formosa Sequel

Swancor Renewable Energy has revealed plans to develop the 4.4 GW Formosa 4 offshore wind project off the Miaoli County in Taiwan. The portfolio would consist of three sites, including Formosa 4-1, Formosa 4-2 and Formosa 4-3, which would cover a large maritime area located 18 to 20km offshore. Swan

about 5 years ago
An image of a Siemens Gamesa offshore wind turbine
Business & Finance

Rystad Energy: Less Is More if Using 14 MW Turbines

A recent analysis from Rystad Energy has shown that using 14 MW wind turbines can reduce overall costs of large-scale offshore wind farms, even though these wind turbines themselves are more expensive. Rystad Energy looked at using next-generation turbines of various sizes for a 1 GW offshore wind f

about 5 years ago
The Eneco Luchterduinen offshore wind farm in the Netherlands, aerial view
Business & Finance

Eneco Joins Amsterdam IJmuiden Offshore Ports Association

Eneco has joined the Amsterdam IJmuiden Offshore Ports (AYOP), an association focused on the offshore energy sector which gathers more than 85 companies and organisations active in the North Sea Canal region. According to AYOP’s press release from 21 September, the membership will provide Eneco with

about 5 years ago
South Korea's SeAH to Build Monopile factory in UK
Business & Finance

South Korea’s SeAH to Build Monopile Factory in UK

SeAH has signed an exclusive Memorandum of Understanding with Able UK to use the Able Marine Energy Park development to establish a monopile production facility on the South Bank of the Humber. The South Korean steel tube manufacturer’s facility could potentially create around 400 jobs. Currently, t

about 5 years ago
AqualisBraemar Backs Port Developments for Offshore Wind Work
Business & Finance

AqualisBraemar Backs Port Developments for Offshore Wind Work

AqualisBraemar’s offshore wind consultancy unit OWC and its ports and harbors unit are combining resources and know-how to support new port developments driven by the growth in the offshore renewable energy sector. According to OWC, the collaboration will work towards helping ports identify exactly

about 5 years ago
LOC to Provide DP Trials for Bernhard Schulte SOVs
Business & Finance

LOC to Provide DP Trials for Bernhard Schulte SOVs

LOC Germany, a subsidiary of LOC Group, has secured work with Bernhard Schulte Shipmanagement (BSM) to provide remote dynamic positioning (DP) trials for two service operation vessels (SOVs). The scope of work includes the preparation of the remote DP trial program and providing marine engineering c

about 5 years ago
Iberdrola Buys Into 3.3 GW Offshore Wind Portfolio in Japan
Business & Finance

Iberdrola Buys Into 3.3 GW Offshore Wind Portfolio in Japan

Spanish energy company Iberdrola has reached an agreement with Macquarie’s Green Investment Group (GIG) to acquire 100 per cent of the Japanese offshore wind developer Acacia Renewables. Acacia Renewables currently has two offshore wind farms under development, with a combined capacity of up to 1.2

about 5 years ago
Galloper Offshore Wind Farm in the UK
Business & Finance

Galloper Bolsters Green Credentials

The Galloper offshore wind farm in the UK has received the ISO 14001 certificate in recognition of improved environmental performance. Awarded by Lloyds Register, the ISO 14001:2015 is an internationally recognized Environment Management System (EMS) that highlights continuous improvement and reduce

about 5 years ago
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