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Business & Finance

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US Updates Visa Guidance for Offshore Wind Vessel Crews
Business & Finance

US Updates Visa Guidance for Offshore Wind Vessel Crews

The U.S. State Department has updated its policy guidance to include a visa category for crewmembers who will work onboard vessels deployed in offshore wind operations. The new guidance, part of the Foreign Affairs Manual (FAM), solves a regulatory hurdle that was causing logistical problems for the

about 6 years ago
CoreMarine and CENER Collaborate on Floating Wind
Business & Finance

CoreMarine and CENER Collaborate on Floating Wind

CoreMarine and Spain’s National Renewable Energy Centre CENER have signed a consortium agreement to collaborate on engineering services for the floating offshore wind industry. The agreement focuses on floating foundation design, mooring and dynamic cable analysis, transport and installation, wind t

about 6 years ago
E.ON-RWE Deal Steps Closer to Finish
Business & Finance

E.ON-RWE Deal Steps Closer to Finish

The European Commission has approved E.ON’s acquisition of innogy’s distribution and consumer solutions business and certain electricity generation assets. E.ON and RWE, which controls innogy, have been engaged in an asset swap since March 2018 in which E.ON is taking over RWE’s 76.8% stake in innog

about 6 years ago
Commerzbank: Annual Offshore Wind Growth to Be 19.1GW by 2020
Business & Finance

Commerzbank: Annual Offshore Wind Growth to Be 19.1GW by 2020

The annual global growth of the offshore wind sector will increase to 19.1GW by 2020, from the 4.3GW in 2018, according to Commerzbank AG. Commerzbank anticipates the global wind market to continue to grow, albeit with regional fluctuations, with an average growth rate of 15% in the offshore wind se

about 6 years ago
Kvaerner Eyes Renewables Expansion
Business & Finance

Kvaerner Eyes Renewables Expansion

Norway’s Kvaerner is establishing two new focus areas with an aim to expand its operations within the renewables industry, including offshore wind, and the oil & gas sector. The move comes as Kvaerner aims to increase its annual revenue for around 40% within a few years, from circa NOK 7.3 billion i

about 6 years ago
Major Offshore Wind Developers Join Energi Coast
Business & Finance

Major Offshore Wind Developers Join Energi Coast

Energi Coast, North East England’s offshore wind cluster, has recently expanded to include some of the leading offshore wind developers such as Equinor, innogy, and SSE. “The cluster now includes developers Equinor and SSE which are joint venture partners in Dogger Bank Offshore Wind Farms and innog

about 6 years ago
UK Airport Goes Fully Green with Ørsted Deal
Business & Finance

UK Airport Goes Fully Green with Ørsted Deal

The Bristol Airport in the UK has signed an agreement with Ørsted to have 100% of its electricity supply powered by renewables. Under the three-year agreement, Bristol Airport’s annual electricity use of 17 million kWh will be powered entirely by renewable sources. Over the duration of the contract,

about 6 years ago
Siemens Gamesa Wants a Piece of Senvion
Business & Finance

Siemens Gamesa Wants a Piece of Senvion

German wind turbine manufacturer Senvion has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected Services and Onshore assets in Europe. The agreement was approved unanimously by Senvion’s creditors’ committee. The approval of the insolvency plans

about 6 years ago
IWEA Chief Calls Irish For Greater Offshore Wind Urgency
Business & Finance

IWEA Chief Calls Irish For Greater Offshore Wind Urgency

CEO of the Irish Wind Energy Association (IWEA) David Connolly has called for greater urgency from the Irish government and political system to support the development of offshore wind. According to Connolly, Ireland’s Climate Action Plan sets out the vision and actions on how offshore wind can be d

about 7 years ago
GRS Wins Yunlin Contract, Opens Taipei Office
Business & Finance

GRS Wins Yunlin Contract, Opens Taipei Office

Global Renewables Shipbrokers (GRS) has won a contract to procure offshore transport and installation services for the Yunlin offshore wind farm in Taiwan. GRS is in charge of selecting and contracting all service providers for the transport of foundations from Europe to Taiwan, as well as the subse

about 7 years ago
PGE and Orlen Group Sign Deal for Polish Offshore Wind
Business & Finance

PGE and Orlen Group Sign Deal for Polish Offshore Wind

PGE Group and Orlen Group have signed a letter of intent (LoI) to cooperate on the development of offshore wind in Poland. Under the deal, the parties intend to exchange offshore wind know-how, prepare for investments in maritime infrastructure and supply logistics and assess the key parameters of t

about 7 years ago
SeaTwirl S2 Floating Wind Turbine Project Kicks Off
Business & Finance

SeaTwirl S2 Floating Wind Turbine Project Kicks Off

SeaTwirl has initiated the S2 floating wind turbine project after having secured a EUR 2.48 million grant from the European Commission. SeaTwirl said it will use the grant for detailed construction and project management, as well as marketing and commercialization of the full-scale SeaTwirl S2 1MW f

about 7 years ago
Ørsted Prepping Green Bond Issuance in Taiwan
Business & Finance

Ørsted Prepping Green Bond Issuance in Taiwan

Ørsted is preparing for a potential Taiwan New Dollar (TWD) denominated green bond issuance in Taiwan towards the end of this year to finance the Greater Changhua offshore wind projects. The company has selected BNP Paribas, Bank of Taiwan, CTBC Bank, and Deutsche Bank as arrangers. In April 2019, Ø

about 7 years ago
ALE Helps Apollo Prep for Moray East Piling Ops
Business & Finance

ALE Helps Apollo Prep for Moray East Piling Ops

ALE has provided a full pre-piling template installation package to DEME Group’s jack-up vessel Apollo ahead of piling operations at the Moray East offshore wind farm in the UK. ALE carried out barge load-out, transportation and installation of the pre-piling template and provided 20 axle lines of S

about 7 years ago
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