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Business & Finance

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Damen-Shipyards-Appoints-New-Chief-Operations-Officer
Business & Finance

Damen Shipyards Appoints New Chief Operations Officer

Damen Shipyards Group has appointed Marc van Heyningen as the new Chief Operations Officer (COO). Van Heyningen will assume the position as of 1 April, succeeding Jan-Wim Dekker, who started as COO on 1 January. According to Damen, the new COO spent the majority of his career working for Fluor Corpo

about 6 years ago
Van Oord Reports Drop in Numbers, Believes in Offshore Wind
Business & Finance

Van Oord Reports Drop in Numbers, Believes in Offshore Wind

Van Oord has reported a revenue of EUR 571 million in its offshore wind business unit in 2019, a 23.6% decrease compared to the EUR 706 million in 2018. Van Oord states that this decrease in offshore wind activities was driven by the smaller number and size of projects currently under construction.

about 6 years ago
Norway's Investment Company Buys Into Offshore Wind
Business & Finance

Norway’s Investment Company Buys Into Offshore Wind

Norwegian investment company Magnora ASA has acquired a stake in a 500MW shallow-water offshore wind project in Northern Europe. According to Magnora, the final transaction agreements for the offshore wind project have been signed. The cooperation with the founders and the development of the project

about 6 years ago
GWEC: Global Offshore Wind Capacity Reaches 29GW
Business & Finance

GWEC: Global Offshore Wind Capacity Reaches 29GW

The global offshore wind industry installed a record 6.1GW of new capacity in 2019, bringing the total capacity to 29GW, according to the latest report by the Global Wind Energy Council (GWEC). The 6.1GW of new capacity in 2019 represents a 35.5% increase compared to the previous year, which saw 4.5

about 6 years ago
Total-and-Simply-Blue-Energy-Reveal-Celtic-Sea-Floating-Wind-Project
Business & Finance

Total and Simply Blue Energy Reveal Celtic Sea Floating Wind Plan

Total and Simply Blue Energy have established a partnership to develop floating offshore wind projects in the Welsh waters of the Celtic Sea. The newly established joint venture, Blue Gem Wind, will focus on developing some of the first floating offshore wind projects with pre-commercial size, Green

about 6 years ago
Ørsted and TEPCO to Jointly Bid in Japan's Round 1 Offshore Wind Auction
Business & Finance

Ørsted and TEPCO to Jointly Bid in Japan’s Round 1 Offshore Wind Auction

Ørsted and Tokyo Electric Power Company Holdings (TEPCO) have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K., to work together on the Choshi offshore wind project in Japan. The companies will submit a joint bid in the Round 1 auction once the Japanese government official

about 6 years ago
Ørsted and Good Energy Extend Westermost Rough Co-Op
Business & Finance

Ørsted and Good Energy Extend Westermost Rough Co-Op

Ørsted and Good Energy Group have signed a renewal of an agreement under which the UK company will source power from the Westermost Rough offshore wind farm for its customers for a further three years. The agreement continues to secure 12% of the output of the 210MW wind farm located 8km off the Yor

about 6 years ago
KenzFigee Establishes UK Presence
Business & Finance

KenzFigee Establishes UK Presence

Dutch offshore lifting equipment provider KenzFigee has expanded its services to the UK. KenzFigee (UK) Ltd. will provide clients in the UK sector with its services directly from its hub in Aberdeen, Scotland. According to the company, the move comes due to a growing demand for offshore expert equip

about 6 years ago
WAB: Offshore Wind Slowdown in Germany Existential Threat to SMEs
Business & Finance

WAB: Offshore Wind Slowdown in Germany Existential Threat to SMEs

The slowdown in the German offshore wind market is increasingly becoming an existential threat to Germany’s small and medium-sized enterprises (SMEs) active within the industry, according to the wind energy agency WAB e. V. According to WAB, Germany’s Federal Government has failed to meet its own go

about 6 years ago
Supergen ORE Hub Launches Second Offshore Renewables Funding Call
Business & Finance

Supergen ORE Hub Launches Second Offshore Renewables Funding Call

The Supergen Offshore Renewable Energy (ORE) Hub has launched the second round of Flexible Funding to advance research into the opportunities and challenges of offshore wind, wave and tidal energy. This second round will award up to GBP 1.2 million to researchers at UK Higher Education Institutions

about 6 years ago
Pict Offshore to Expand Production of Ladder-Less Offshore Wind Access System
Business & Finance

Pict Offshore to Expand Production of Ladder-Less Offshore Wind Access System

Pict Offshore has received a GBP 250,000 Regional Selective Assistance grant from Scottish Enterprise to expand production of the Get Up Safe (GUS) ladder-less access system at its site in Inverkeithing, Fife. The Get Up Safe system is a motion-compensated hoist solution that enables technicians to

about 6 years ago
EU Sets Aside EUR 980 Million for Clean Energy Infrastructure
Business & Finance

EU Sets Aside EUR 980 Million for Clean Energy Infrastructure

The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This is seen as a crucia

about 6 years ago
HeliService and Nakanihon Air Service Team Up for Japan's Offshore Wind
Business & Finance

HeliService and Nakanihon Air Service Team Up for Japan’s Offshore Wind

HeliService International has entered into long-term cooperation with the Japan-based Nakanihon Air Service for the Japanese offshore wind market. According to HeliService, Nakanihon deems to offer helicopter offshore services in Japan and Asia as the offshore wind market is evolving in the region.

about 6 years ago
BLIX-Pursues-APAC-Offshore-Wind-with-Taiwan-Office
Business & Finance

BLIX Pursues APAC Offshore Wind with Taiwan Office

The Netherlands-based BLIX Consultancy has opened a branch office in Taipei, Taiwan, to support the offshore wind business in the Asia Pacific region. The new office, opened on 11 March, will be the base for Maarten Timmerman, who is one of the founders of BLIX Consultancy in the Netherlands and the

about 6 years ago
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