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Business & Finance

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Copenhagen Offshore Partners Comes to Vietnam
Business & Finance

Copenhagen Offshore Partners Comes to Vietnam

Denmark-headquartered Copenhagen Offshore Partners (COP) has opened a new office in Hanoi, Vietnam. The office, opened in April, is located within the French Quarters, close to key government ministries, embassies and the national grid operator, COP said. The first two Vietnamese employees joining t

about 6 years ago
Offshore-Wind-Consultants-Settles-in-Japan
Business & Finance

Offshore Wind Consultants Settling in Japan

Offshore Wind Consultants (OWC) is setting up an office in Tokyo to support the Japanese offshore wind market. OWC stated that it had previously worked in Japan’s offshore wind sector from its office in Taipei, Taiwan. “The Japanese government has announced big ambitions when it comes to renewables

about 6 years ago
Siemens Gamesa Signs Hornsea Two Bank Guarantee Line
Business & Finance

Siemens Gamesa Signs Hornsea Two Bank Guarantee Line

Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas

about 6 years ago
North Carolina Issues Call for Offshore Wind Supply Chain Study
Business & Finance

North Carolina Issues Call for Offshore Wind Supply Chain Study

The North Carolina Department of Commerce has issued a Request for Proposals (RFP) to solicit an offshore wind supply chain and infrastructure assessment. The analysis will identify North Carolina’s existing strengths and capabilities relating to the offshore wind sector, and help develop a strategi

about 6 years ago
Siemens Gamesa Kicks Off Personnel Safety Training
Business & Finance

Siemens Gamesa Kicks Off Personnel Safety Training

DuPont Sustainable Solutions (DSS) has begun working with Siemens Gamesa’s Offshore business unit on training approximately 6,000 employees in developing greater risk awareness to improve safety. The companies partnered to implement DuPont Risk Factor training, as well as group leadership coaching f

about 6 years ago
Siemens Gamesa Unveils Major Expansion Plans in Taiwan
Business & Finance

Siemens Gamesa Unveils Major Expansion Plans in Taiwan

Siemens Gamesa plans to expand its nacelle assembly facility in Taichung to form a regional offshore wind nacelle industrial hub together with Taiwan-based suppliers. The first project to be supported by the broader manufacturing plant will be the 300 MW Hai Long 2 project, the turbine manufacturer

about 6 years ago
UK Extended Comment Period for Proposed CfD Changes
Business & Finance

UK Extends Comment Period for Proposed CfD Changes

The UK government has extended the comment period for the proposed amendments to the Contracts for Difference (CfD) scheme due to the COVID-19 crisis. The consultation period was initially supposed to end on 22 May but has been extended to 29 May to give more time for sending responses. To remind, t

about 6 years ago
An aerial photo of Sif's site at Port of Rotterdam, including the marshalling site
Business & Finance

Siemens Gamesa to Use Sif’s Site for Hollandse Kust Zuid Marshalling Activities

Siemens Gamesa has signed a contract with Sif for marshalling activities at Sif’s site in the Port of Rotterdam. The site will be used to support wind turbine installation at the Hollandse Kust Zuid offshore wind farm. The contract, under which Siemens Gamesa’s wind turbines for Hollandse Kust Zuid

about 6 years ago
Germans Asking for Offshore Wind CfD and Capacity Target
Business & Finance

Germans Asking for Offshore Wind CfD and Capacity Target

The Association of German Wind Farm Operators (BWO) and WAB are calling for a long-term reliable investment and financing framework for offshore wind projects in Germany that would require the introduction of contracts for difference (CfD) and dialogue on a long-term expansion target until 2035. In

about 6 years ago
A photo of a Sif worker carrying our circumferential welding inside a monopile
Business & Finance

Sif Starts Production of Akita-Noshiro, Saint Nazaire Foundations

Dutch foundation manufacturer Sif has started the production of monopile foundations for the Akita-Noshiro and Saint-Nazaire offshore wind farms in Japan and France, respectively. According to the company’s latest trading update, the production started during the first quarter of 2020, when Sif also

about 6 years ago
Port of Esbjerg Getting EUR 134 Million Investment for Offshore Wind Facilities
Business & Finance

Port of Esbjerg Getting EUR 134 Million Investment for Offshore Wind Facilities

Nordic infrastructure fund Infranode is preparing an investment of up to DKK 1 billion (circa EUR 134 million) for new infrastructure facilities at the Danish port of Esbjerg which will be used for the offshore wind industry. The investment will go into port facilities for storage, preassembly and m

about 6 years ago
Merkur Ownership Change Completed
Business & Finance

Merkur Ownership Change Completed

The Renewables Infrastructure Group Limited (TRIG) and the Dutch pension investor APG have completed the acquisition of the 396 MW Merkur offshore wind farm. The consortium comprising of funds managed and/or advised by Partners Group (50%), InfraRed Capital Partners (25%), DEME Concessions (12.5%),

about 6 years ago
Ideol and Kerogen Capital to Test Waters for Offshore Wind-Powered Oil & Gas Platforms
Business & Finance

Ideol and Kerogen Capital to Test Waters for Offshore Wind-Powered Oil & Gas Platforms

Ideol has entered into a Memorandum of Understanding (MoU) with Kerogen Capital to assess the benefits of using offshore wind to power oil & gas platforms. Ideol stated that the focus of the initiative will be to combine the Damping Pool, its floating offshore wind solution, with Kerogen’s internati

about 6 years ago
New Joint Venture Exploring South African Offshore Wind Market
Business & Finance

New Joint Venture Exploring South African Offshore Wind Market

Swedish floating multi-turbine platform designer Hexicon AB and South African wind developer Genesis Eco-Energy Developments are joining forces to explore the development of offshore wind in South Africa. The development program will be carried out via a joint venture company in South Africa named G

about 6 years ago
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