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Business & Finance

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Jobs & RecruitmentTechnologyGrid ConnectionWind Farm Update
US Offshore Wind Could Create Up To 83,000 Jobs – Report
Business & Finance

US Offshore Wind Could Create Up To 83,000 Jobs – Report

Developing 30GW of offshore wind along the US East Coast could support up to 83,000 jobs and deliver USD 25 billion in annual economic output by 2030, according to a report released by the American Wind Energy Association (AWEA). Market projections anticipate 20GW to 30GW of offshore wind capacity w

about 6 years ago
ORE Catapult Backs Offshore Wind Supply Chain Innovations
Business & Finance

ORE Catapult Backs Offshore Wind Supply Chain Innovations

Offshore Renewable Energy (ORE) Catapult has selected six companies through its Launch Academy North East to receive investment for offshore wind technology development. OxraGrid, Origin Tech, Beluga Seatech, Utility AR, Wootzano and Build Stream are all developing innovative cleantech solutions to

about 6 years ago
Taiwanese Jacket Production Workshop Shaping Up
Business & Finance

Taiwanese Jacket Production Workshop Shaping Up

Century Bladt Foundations’ offshore wind foundation production workshop in Taiwan is shaping up, according to Bladt’s recent post. The 33,000m2 workshop will soon be finished and ready for the installation of cranes and equipment, the Danish company reported. A 4,000m2 administration building, cante

about 6 years ago
Triton Knoll Construction Team Settles Offshore
Business & Finance

Triton Knoll Construction Team Settles Offshore

Innogy has chartered the service operations vessel (SOV) Esvagt Froude to provide offshore accommodation to the construction management team working on the Triton Knoll wind farm located off the Lincolnshire coast, UK. This is the first time for innogy to established its team offshore rather than at

about 6 years ago
EIB Loan for TenneT's Dutch Grid Expansion
Business & Finance

EIB Loan for TenneT’s Dutch Offshore Wind Grid Expansion

The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT for the western section of the Zuidwest 380kV offshore grid project in the Netherlands. The financing will support the construction of a new 380kV transmission line, combined with a 150kV line for part of the

about 6 years ago
Iberdrola Takes Full Ownership of French Offshore Wind Farm
Business & Finance

Iberdrola Takes Full Ownership of French Offshore Wind Farm

Spanish energy company Iberdrola has concluded an agreement to take 100% ownership of Ailes Marines, the developer of the 496MW Saint-Brieuc offshore wind farm in France. Iberdrola, which previously owned 70% of the consortium’s capital, has acquired the remaining 30% from Avel Vor (RES and Caisse d

about 6 years ago
Ørsted and Montclair State Uni Team Up
Business & Finance

Ørsted and Montclair State Uni Team Up

Ørsted U.S. Offshore Wind has signed a Memorandum of Understanding (MoU) with the Montclair State University in New Jersey for clean energy research and educational outreach activities. Ørsted’s USD 200,000 contribution will support the university’s Clean Energy and Sustainability Analytics Center (

about 6 years ago
Ørsted Posts Strong Results, Sees No Significant Impact from COVID-19
Business & Finance

Hornsea One Boosts Ørsted’s Full-Year Guidance

Ørsted has reported an increase of DKK 1 billion (circa EUR 134 million) in its full-year EBITDA guidance due to updated assumptions regarding the divestment of the transmission asset for the Hornsea One offshore wind farm. The Danish company said it now expects EBITDA excluding earnings from new pa

about 6 years ago
Ørsted Opens US Innovation Hub
Business & Finance

Ørsted Opens US Innovation Hub

Offshore wind major Ørsted has opened a United States Innovation Hub in Providence, Rhode Island as part of its commitment to building an offshore wind industry supply chain in the US. With its seven work stations at Providence’s CIC workspace, the Innovation Hub will serve as the physical location

about 6 years ago
Greeks Studying Floating Offshore Wind Potential
Business & Finance

Greeks Studying Floating Offshore Wind Potential

Chalkis Shipyards and a number of Greek institutions are collaborating on a project seeking to study the potential of floating offshore wind in the Greek Seas. The WIndfloat.gr – Innovative Design of Floating Wind Plants for the Greek Seas project seeks to exploit the wind potential of the Greek Sea

about 6 years ago
Belgian Offshore Wind Farms Smash Production Record
Business & Finance

Belgian Offshore Wind Farms Smash Production Record

Offshore wind farms in Belgium broke a record in February as they produced 804GWh of electricity, according to the Belgian Offshore Platform (BOP). The 804GWh, measured at the Elia grid connection point, corresponds to the annual consumption of 230,000 households, at 3,500kWh per year per family. Th

about 6 years ago
Global Marine Group-owned vessel CS Sovereign
Business & Finance

JFLCO Completes Global Marine Group Acquisition

J.F. Lehman & Company (JFLCO) is now the full owner of Global Marine Group (GMG), after completing the acquisition announced in January 2020.

about 6 years ago
Dutch Organizing Baltic Sea Offshore Wind Mission
Business & Finance

Dutch Organizing Baltic Sea Offshore Wind Mission

The Netherlands Enterprise Agency (RVO.nl) is organizing an economic mission for offshore wind to Poland and Lithuania. The economic mission will take place in Szczecin, Poland, and Vilnius, Lithuania, from 20 to 24 April. According to RVO.nl, opportunities for the offshore wind sector in the Baltic

about 6 years ago
GWEC-and-JWPA-Launch-Offshore-Wind-Task-Force-in-Japan
Business & Finance

GWEC and JWPA Launch Offshore Wind Task Force in Japan

The Global Wind Energy Council (GWEC) and the Japan Wind Power Association (JWPA) have launched a joint Offshore Wind Task Force in Japan. The task force will address key bottlenecks to the growth of Japan’s offshore wind industry such as providing input to streamline the regulatory process for proj

about 6 years ago
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