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Business & Finance

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MHI Vestas and Swancor Confirm Blade Materials Contract in Taiwan
Business & Finance

MHI Vestas and Swancor Confirm Blade Materials Contract in Taiwan

MHI Vestas has finalized the contract with Swancor to locally source offshore wind turbine blade materials in Taiwan. According to MHI Vestas, the scope of the contract covers a significant percentage of the direct materials value of overall blade manufacturing, including carbon tow, carbon pultrusi

about 6 years ago
A photo for illustration purpose only, showing an offshore wind farm
Business & Finance

Fugro, IOVTEC Set Up Joint Company in Taiwan

Fugro and International Ocean Vessel Technical Consultant (IOVTEC) have established a joint business entity in Taiwan. The move follows the companies’ cooperation in the offshore wind sector in Taiwan over the last few years. Fugro and IOVTEC have been serving Taiwan’s emerging offshore wind market

about 6 years ago
WPD Shifts Gears in Taiwan
Business & Finance

WPD and LeaLea Team Up on 600 MW Wind Farm Offshore Taiwan

German offshore wind developer wpd has signed an agreement with Taiwan Green Power (TGP) to jointly develop a 600 MW offshore wind project in Taiwan. The wind farm site No. 28 is expected to be part of the third tender round in Taiwan, wpd said. The project is located off the coast of Changhua in [&

about 6 years ago
New Jersey Releases Offshore Wind Institute Plan
Business & Finance

New Jersey Releases Offshore Wind Institute Plan

The New Jersey Wind Council has released a report detailing plans for creating the Wind Innovation and New Development (WIND) Institute. The WIND Institute will serve as a center for education, research, innovation, and workforce training related to the development of offshore wind in New Jersey and

about 6 years ago
Lamprell and ScottishPower Settle East Anglia 1 Tab
Business & Finance

Lamprell and ScottishPower Settle East Anglia 1 Tab

Lamprell and ScottishPower Renewables have reached a final settlement with regards to the close-out of the East Anglia One project. The final settlement will result in a cash payment to Lamprell of USD 18.9 million in May 2020, the UAE-based offshore engineering and fabrication company said. In addi

about 6 years ago
France's Only Offshore Wind Turbine Undergoes Survey
Business & Finance

France Greenlights 8.75 GW Offshore Wind Target

France will put up to 8.75 GW of offshore wind capacity out to tender from 2020 to 2028, the Multiannual Energy Programme (Programmation pluriannuelle de l’énergie (PPE)) shows. The new PPE has entered into force on Thursday, 23 April. As proposed earlier, the PPE also increases the intended operati

about 6 years ago
Siemens Gamesa Withdraws FY 2020 Financial Guidance
Business & Finance

Siemens Gamesa Withdraws FY 2020 Financial Guidance

Siemens Gamesa has withdrawn its financial guidance for the Financial Year 2020, citing the uncertainty associated with the COVID-19 pandemic which is compounding challenges in India and Northern Europe as the reason. The wind turbine maker said that it cannot forecast or quantify with reasonable ac

about 6 years ago
A photo showing Vestas 3 megawatt wind turbine with dark and cloudy skies in the background
Business & Finance

Vestas to Lay Off 400 People, Close Temporary Offshore Wind Facility

Vestas will stop some of its projects with immediate effect and lay off around 400 employees.

about 6 years ago
An image featuring the logo of Wind Works Long Island
Business & Finance

Long Islanders Launch Offshore Wind Coalition

Labour, environment, and community organisations from Long Island, New York, have formed an offshore wind coalition called Wind Works Long Island.

about 6 years ago
MHI Vestas Launches UK Offshore Wind Apprentice Programme
Business & Finance

MHI Vestas Launches UK Offshore Wind Apprentice Programme

MHI Vestas has launched a new offshore wind technician apprentice programme in northeast Scotland. The apprentices will initially be based at Fraserburgh College Campus (NESCol) carrying out both classroom and workshop activities. This will be followed by practical work experience at offshore wind f

about 6 years ago
A close-up photo of Siemens Gamesa's offshore wind turbine at sea in sunset
Business & Finance

EGCO Completes Yunlin Offshore Wind Farm Buy-In

EGCO Group has completed the acquisition transaction for a 25% stake in the 640 MW Yunlin offshore wind farm in Taiwan.

about 6 years ago
Vattenfall and TenneT Ink Hollandse Kust Zuid 3&4 Grid Deal
Business & Finance

Vattenfall and TenneT Ink Hollandse Kust Zuid 3&4 Grid Deal

Vattenfall and TenneT have signed an agreement for the offshore grid connection for the Hollandse Kust Zuid 3 & 4 wind farm in the Netherlands. Vattenfall secured the rights fo build the Hollandse Kust Zuid 1 & 2 and the Hollandse Kust Zuid 3 & 4 wind farms in the first two subsidy-free offshore win

about 6 years ago
World Marine Offshore Buys KEM Offshore Assets
Business & Finance

World Marine Offshore Buys KEM Offshore Assets

World Marine Offshore has acquired all vessels and activities from KEM Offshore. WMO Support A/S, a newly formed entity and a stand-alone company within the World Marine Offshore Group, will acquire KEM’s fleet of 8 vessels. The fleet will be operated and managed on day-to-day from its offices in De

about 6 years ago
Over 77,000 Trained On-Site Workers Needed in Emerging Offshore Wind Markets
Business & Finance

Report: Over 77,000 Trained On-Site Workers Needed in Emerging Offshore Wind Markets by 2024

The offshore wind industry will need 77,000 GWO-trained on-site workers to deliver forecast installations in six key emerging markets for offshore wind between 2020-2024, a new report has found. Published by the Global Wind Energy Council (GWEC) and Global Wind Organisation (GWO), Powering the Futur

about 6 years ago
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