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Business & Finance

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Ørsted Named World’s Most Sustainable Company
Business & Finance

Ørsted Named World’s Most Sustainable Company

Leading global offshore wind developer Ørsted is the world’s most sustainable company according to the Global 100 ranking announced by the Toronto-based research firm Corporate Knights. Ørsted has become the first-ever energy company to top Corporate Knights’ list, outperforming more than 7,300 glob

about 6 years ago
European Patent Office Nods to SeaTwirl
Business & Finance

European Patent Office Nods to SeaTwirl

Swedish wind power company SeaTwirl has secured a patent from the European Patent Office (EPO) for its divisible offshore wind turbine. SeaTwirl said that the notice about the patent is dependent on paying the required fees. The solution includes a turbine that is divisible above and below the house

about 6 years ago
Neart na Gaoithe Books Supply Chain Events
Business & Finance

Neart na Gaoithe Books Supply Chain Events

EDF Renewables and ESB are holding a series of supply chain events for the Neart na Gaoithe (NnG) offshore wind project in March. The aim of the events is to showcase how more Scottish companies can help support the delivery of the 450MW offshore wind farm. Meetings will be held in East Lothian on 2

about 6 years ago
BNEF: 2019 a Record Year for Offshore Wind Investment
Business & Finance

BNEF: 2019 a Record Year for Offshore Wind Investment

Investment in offshore wind reached USD 29.9 billion in 2019, up 19% on 2018 and USD 2 billion more than in the previous record year of 2016, the latest data from research company BloombergNEF (BNEF) shows. The last quarter of the year was particularly busy and saw a number of offshore wind deals, a

about 6 years ago
Scotland to Impose Local Content Requirements for Offshore Wind Projects
Business & Finance

Scotland to Impose Local Content Requirements for Offshore Wind Projects

The Scottish Government and Crown Estate Scotland have established an agreement on local content requirements for wind farm projects offshore Scotland. Under the agreement, offshore wind developers will have to agree on supply chain commitments when applying for leases. According to the government,

about 6 years ago
CSBC Opens Pin-Pile Production Line in Taiwan
Business & Finance

CSBC Opens Pin-Pile Production Line in Taiwan

Steel fabricator CSBC Corporation has inaugurated its pin-pile production line at its factory near the Port of Kaohsiung in Taiwan. CSBC also plans to add a line for the production of transition pieces to the facility. The production line will be used to manufacture pin-piles for Ørsted’s Changhua 1

about 6 years ago
Japanese Companies Forge Offshore Wind Pact
Business & Finance

Japanese Companies Forge Offshore Wind Pact

Japanese utility JERA and the engineering firm Shimizu Corporation have entered into a Memorandum of Understanding to collaborate within the offshore wind power generation business. JERA and Shimizu will explore ways to utilize their respective know-how and resources in the offshore wind power gener

about 6 years ago
H2M Offshore Accommodations Opens Office in Esbjerg
Business & Finance

H2M Offshore Accommodations Opens Office in Esbjerg

Dutch supplier of offshore accommodation H2M has opened a new office in Denmark with the aim to strengthen its presence in the offshore wind sector. According to H2M, the office in Esbjerg comes as the demands of clients in the wind industry increased over the past years. The new space is expected t

about 6 years ago
Belgium’s Offshore Wind Production Spikes 38% in 2019
Business & Finance

Belgium’s Offshore Wind Production Spikes 38% in 2019

Belgium’s offshore wind farms generated 4.7TWh of electricity in 2019, a nearly 38% increase compared to 2018 when the country’s offshore wind turbines produced 3.408TWh of electricity. The electricity produced offshore covered close to 6% of the country’s total electricity consumption in 2019, acco

about 6 years ago
Mammoet Completes ALE Buy
Business & Finance

Mammoet Completes ALE Buy

Dutch heavy lift and transportation company Mammoet has completed the acquisition of the UK-based ALE. The businesses will now operate as one company under the Mammoet brand across over 140 offices and branches worldwide. Over the coming months, a fully developed integration plan will be rolled out

about 6 years ago
Ming Yang and China Three Gorges Ink Offshore Wind Deal
Business & Finance

Ming Yang and China Three Gorges Ink Offshore Wind Deal

China’s Ming Yang Smart Energy and China Three Gorges (CTG) Corporation have signed a framework cooperation agreement for offshore wind. The agreement was signed on 7 January in Beijing in the presence of Ming Yang CEO and Chairman Chuanwei Zhang and Wang Lin, Deputy Secretary and General Manager of

about 6 years ago
Ørsted Makes Operating Model Changes
Business & Finance

Ørsted Makes Operating Model Changes

Ørsted has introduced a new operating model for its offshore wind business with an aim to support the further development, execution and operation of its project pipeline and future growth. Ørsted’s offshore business will be organized into four regions, including Asia Pacific, the UK, Continental Eu

about 6 years ago
Maryland PSC Schedules Hearing for Project Turbine Sizes
Business & Finance

Maryland PSC Schedules Hearing for Project Turbine Sizes

The Maryland Public Service Commission (PSC) is holding a public hearing on the potential impact of bigger turbines at the Skipjack and MarWin offshore wind projects. The event is part of the commission’s limited inquiry into impacts related to changes in the turbine sizes originally anticipated for

about 6 years ago
Australian Govt Seeks Input on Offshore Wind Regulatory Framework
Business & Finance

Australian Govt Seeks Input for Offshore Wind Regulatory Framework

The Australian Government is seeking feedback on the proposed regulatory framework for offshore wind and other offshore clean energy technologies. The government is developing the regulatory framework to enable the exploration, construction, operation and decommissioning of offshore wind and other c

about 6 years ago
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