Buss Energy Group has acquired a 24.9 per cent stake in Aero Enterprise, an Austria-based provider of drone inspections for offshore and onshore wind turbines. The German company said it had already expanded its portfolio last year by purchasing two companies and that adding drone inspection service
MHI Vestas Offshore Wind has signed a purchase agreement to source wind turbine towers from CS Wind-Chin Fong for its offshore wind turbines in Taiwan. The agreement covers complete tower supply for Taiwanese offshore wind projects which will feature MHI Vestas V174 wind turbine platform. These incl
The Port of Cortlandt project, developed by a consortium led by AKRF Inc. and pre-qualified for bidding at the State of New York’s latest offshore wind solicitation, has released more details on the plans to utilise a waterfont site in the Town of Cortlandt for offshore wind activities. In July, New
The Global Wind Energy Council (GWEC) and the European Chamber of Commerce Taiwan (ECCT) have signed a Memorandum of Understanding (MOU) on joint activities to support offshore wind development in Taiwan. The organisations will focus on developing opportunities and areas for cooperation through join
Danske Commodities has signed a 15-year power purchase agreement (PPA) for the Dogger Bank offshore wind project in the UK. Under the agreement, Danske Commodities will be responsible for the trading and balancing of 480 MW of the project’s 3.6 GW capacity. “The Dogger Bank PPA is a great addition t
Alternative investment manager Apollo has made a structured investment in the US-based offshore wind developer – US Wind Inc. Certain funds managed by Apollo Global Management’s affiliates have committed to invest, through convertible debt and equity, up to USD 265 million to acquire an equity stake
Bladt Industries has noted a loss of DKK 42 million (approximately EUR 5.6 million) in its full-year 2019 results, but at the same time the company also reported a record-high order book and workforce increase. Namely, the company registered an extraordinary write-down of DKK 85 million (approx. EUR
Modern Energy Management (MEM) has completed its scope of work on the 78 MW Ecotech intertidal wind farm in Vietnam. MEM provided overall project management for the development team and early works scope along with technical support during technical and commercial negotiations. “We selected Modern E
World’s leading offshore wind developer Ørsted reported a 17 per cent increase in earnings from offshore and onshore wind farms in operation in the first half of 2020. The earnings, which stood at DKK 8.2 billion (EUR 1.08 billion), were driven by the ramp-up of power generation from the Hornsea Pro
The UK government has awarded a floating wind project led by Wave Hub with early-stage funding that could result in a further longer-term investment of later this year if the early stage of the project development is successful. The South West Floating Offshore Wind Accelerator is one of 17 projects
Norwegian offshore energy major Equinor has appointed Anders Opedal as the new president and CEO. The company’s current president and CEO, Eldar Sætre, will retire after six years as CEO and more than 40 years in the company. “Equinor is entering a phase of significant change as the world needs to t
CWind Taiwan and HYTOR Tools Solutions have teamed up to bring temporary power solutions to the Taiwanese offshore wind market. As part of the strategic alliance, the two companies said they imported a significant quantity of 100 kVA generators to be based in CWind Taiwan’s operational hub in Taichu
Siemens Gamesa’s blade test center in Aalborg, Denmark, has gained IECRE approval. According to the company, the approval was granted in the highest level required (stage (4)) with a high independency of certification bodies. Siemens Gamesa now became the first non-commercial inhouse blade test faci
A multi-user, planned transmission system for offshore wind in New York could result in electric grid cost savings of over USD 500 million and significantly reduce environmental impacts and project risks, according to a new report prepared by The Brattle Group for Anbaric. The Offshore Wind Transmis
