The European Commission plans to present the European Union’s strategy on offshore wind in 2020, according to the indicative timeline set out in the just-released The European Green Deal. The European Green Deal is a roadmap on how to make Europe the first climate-neutral continent by 2050. Increasi
Fred. Olsen Ocean has opened a branch office in Taipei, Taiwan, to support the offshore wind business in the Asia Pacific region. The companies represented by the new office include Fred. Olsen Windcarrier AS, Global Wind Service AS and Universal Foundation AS. According to the company, the new offi
WIND is setting up a new cable accessories warehouse at its main cable storage yard in Velsen Noord, the Netherlands. The new facility will function as WIND’s central European warehouse for all cable-related accessories, from where the company will distribute parts to the European wind farms that it
Norway’s energy major Equinor has completed the acquisition of a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The Bałtyk I offshore location license allows for development of a wind farm with a capacity up to 1560MW of which Equinor will hold 50%. The co
The Renewables Infrastructure Group Limited (TRIG) and the Dutch pension investor APG have signed an agreement to acquire 100% of Merkur Offshore GmbH, the owner and operator of the 396MW Merkur offshore wind farm in the German North Sea. The two investors signed the agreement with a consortium comp
K2 Management is working as Lender’s Technical Advisor (LTA) on the Dogger Bank Creyke Beck A and B Wind Farms, two of the three projects which make up the Dogger Bank development. In September, all three wind farms, which make up the Dogger Bank development, were selected in the Contracts for Diffe
Sylvia Boer has been appointed as the new director of Amsterdam IJmuiden Offshore Ports (AYOP) and will take up her role on 1 February 2020. She will serve as the linchpin between members of the association for offshore companies, government bodies, and stakeholders. Boer’s appointment is designed t
Siemens Gamesa has completed a deal with Societe Generale to convert a EUR 230 million guarantee line to green, the third such line that the company has arranged so far this year, in addition to EUR 1.25 billion arranged with two other banks. Siemens Gamesa will use this line for its worldwide busin
Ørsted has allocated more than GBP 50,000 from the Walney Extension Skills Fund to two groups from the Lancashire and Cumbria area, the UK, for STEM projects. Nearly GBP 40,000 goes to STEM Learning Ltd to develop two ENTHUSE Partnership projects, each of which will bring together eight schools and
Latvia and Estonia are planning to cooperate on developing a joint offshore wind farm in the Gulf of Riga. Latvia’s Minister of Economy Ralfs Nemiro and Estonian Minister of Economic Affairs and Infrastructure Taavi Aas met on 6 December to discuss the possible development of the offshore wind proje
The UK-based InfraStrata has completed the acquisition of the assets of Harland and Wolff. InfraStrata now has 100% ownership of the assets following a GBP 3.30 million payment to the administrator BDO LLP, in line with the payment schedule. An additional GBP 1.45 million is payable by 30 April 2020
Amsterdam Capital Partners (AMSCAP), G8 Subsea, Saemangeum Development and Investment Agency of Korea (SDIA) and Saemangeum Offshore Wind Power (SOWP) have agreed to jointly develop offshore wind in Korea’s Samangeum Industrial Complex. AMSCAP and G8 will work mainly alongside SOWP respectively in a
Siemens Gamesa has reached a milestone with the installation of its 1,000th offshore Direct Drive wind turbine. The milestone unit is the 51st turbine that Siemens Gamesa recently installed on the 714MW East Anglia One offshore wind project in the UK. Siemens Gamesa said that a further 1,000 Direct
K2 Management has advised the Irish electricity company ESB in acquiring a 50% stake in the Neart na Gaoithe (NnG) offshore wind project in Scotland. K2 Management undertook a full scale technical due diligence of the project, including analysis of the project’s design, construction contracts and me
