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Business & Finance

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Equinor Targets Global Offshore Wind Major Role
Business & Finance

Equinor Targets Global Offshore Wind Major Role

Equinor is planning to become a global offshore wind major by setting up an ambition to grow its renewable energy capacity tenfold by 2026, to up to 6GW.

about 6 years ago
Bech-Bruun Advises on First Japanese Offshore Wind Project
Business & Finance

Bech-Bruun Advises Marubeni Offshore Japan

Bech-Bruun has advised Marubeni Corporation and its partners on the legal and commercial matters in relation to the Akita Noshiro offshore wind project in Japan.

about 6 years ago
Ørsted Seeks EIB Financing for Dutch Offshore Wind Farm
Business & Finance

Ørsted Seeks EIB Financing for Dutch Offshore Wind Farm

Ørsted has applied for a loan with the European Investment Bank (EIB) for the 752MW Borssele 1 + 2 offshore wind farm in the Netherlands. The project will finance the construction and the operation of the wind farm. The proposed EIB financing is about EUR 500 million, and the estimated value of the

about 6 years ago
Europe Installs Record 3.6GW of Offshore Wind in 2019
Business & Finance

Europe Installs Record 3.6GW of Offshore Wind in 2019

Europe installed 3.6GW of new offshore wind capacity in 2019, which is a new record in annual installations, according to WindEurope.

about 6 years ago
Vattenfall’s Offshore Wind Production Spikes in 2019
Business & Finance

Vattenfall’s Offshore Wind Production Spikes in 2019

Vattenfall’s offshore wind farms generated 6.8 terawatt-hours (TWh) of electricity in 2019, a near 31 percent increase compared to 5.2TWh generated in 2018. The increase was mainly attributed to the full commissioning of the 407MW Horns Rev 3 wind farm in the Danish North Sea. Vattenfall’s operating

about 6 years ago
OWC Exec Becomes AqualisBraemar Group Marketing Director
Business & Finance

OWC Exec Becomes AqualisBraemar Group Marketing Director

AqualisBraemar has appointed John MacAskill from Offshore Wind Consultants (OWC) as its first group marketing director.

about 6 years ago
Iberdrola Sells Siemens Gamesa Stake
Business & Finance

Iberdrola Sells Siemens Gamesa Stake

Siemens AG is acquiring all Iberdrola’s shares in Siemens Gamesa Renewable Energy (SGRE).

about 6 years ago
Thor Wind Turbine
Business & Finance

Engie Fabricom Joins England’s NE Offshore Wind Cluster

Engie Fabricom has joined Energi Coast, the North East of England’s Offshore Wind Cluster.

about 6 years ago
Ørsted Targets Carbon Neutral Supply Chain by 2040
Business & Finance

Ørsted Targets Carbon Neutral Supply Chain by 2040

Ørsted is launching a program aimed at engaging its supply chain in becoming carbon neutral by 2040.

about 6 years ago
Siemens Gamesa Doubles Offshore Order Intake in 2019
Business & Finance

Siemens Gamesa Doubles Offshore Order Intake in 2019

Siemens Gamesa has doubled the order intake in the offshore segment in 2019 compared to 2018, partly due to the company’s strongest ever results reported in the last quarter of the calendar year. The world-leading wind turbine manufacturer saw the order intake in the offshore segment double to 3,343

about 6 years ago
First Japanese Offshore Wind Farms Entering Construction Phase
Business & Finance

First Japanese Offshore Wind Farms Entering Construction Phase

The construction of the onshore substations and transmission lines is scheduled to start in February 2020, and the commercial operations are expected to start in 2022, according to Marubeni.

about 6 years ago
SeaMar Buys Alaborg Offshore Services
Business & Finance

SeaMar Buys Alaborg Offshore Services

The Dutch SeaMar Group has acquired the vessel owning company Alaborg Offshore Services BV.

about 6 years ago
Principle Power Reveals New Brand Identity
Business & Finance

Principle Power Reveals New Brand Identity

Principle Power has unveiled a new brand identity and logo as part of a rebranding initiative that embodies the company’s new stage in the deployment and commercialization of its floating wind technology.

about 6 years ago
Triton Knoll Fund Awards Round Three Grants
Business & Finance

Triton Knoll Fund Awards Round Three Grants

The Triton Knoll Community Fund has allocated a windfall of GBP 101,670 to thirteen community projects as part of the third funding round.

about 6 years ago
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