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Business & Finance

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Wind Farm Update
EDP Renewables Urges Industry to Unite for Scottish OW Supply Chain
Business & Finance

EDP Renewables Urges Industry to Unite for Scottish OW Supply Chain

EDP Renewables has called on the offshore wind industry to work together to promote supply chain opportunities in the sector for regional businesses in the North of Scotland. At an event held by the Highlands and Islands Enterprise (HIE), EDPR Director Dan Finch urged the offshore wind industry to w

about 7 years ago
SeaRenergy Acquires Elbe-1
Business & Finance

SeaRenergy Acquires Elbe-1

Hamburg-based offshore service provider SeaRenergy has acquired an offshore wind engineering and permit specialist Elbe-1. Whereas SeaRenergy provides engineering, marine services, QHSE and offshore professionals for installation and O&M of offshore wind farms and platforms, Elbe-1 offers specialist

about 7 years ago
Sif Mulls Vineyard Wind Setback Consequences
Business & Finance

Sif Mulls Vineyard Wind Setback Consequences

Sif said a delay in monopile production for the Vineyard Wind project is “inevitable” due to a setback in the approval of the Final Environmental Impact Study (FEIS) for the 800MW offshore wind farm. The Dutch company planned to begin manufacturing 84 monopiles for Vineyard Wind in the first half of

about 7 years ago
US Offshore Wind R&D Consortium Expands Its Team
Business & Finance

US Offshore Wind R&D Consortium Expands Its Team

The U.S. National Offshore Wind Research and Development Consortium has named Carrie Cullen Hitt as its first Executive Director and has welcomed GE Renewable Energy to the Board of Directors. “The Consortium is very fortunate to have Carrie Cullen Hitt accept the position as Executive Director. Thi

about 7 years ago
Cargostore and Rhenus Come to Taiwan for Offshore Wind
Business & Finance

Cargostore and Rhenus Come to Taiwan for Offshore Wind

Cargostore is expanding into Taiwan in conjunction with Rhenus Offshore to support the local offshore wind market. The companies will open a DNV 2.7-1 CCU depot in the Taiwanese Port of Taichung, planned to be operational in the fourth quarter of the year. To remind, Taiwan plans to achieve 5.5GW of

about 7 years ago
Offshore Wind Could Save California’s Ratepayers $2Bn by 2040 (Report)
Business & Finance

Offshore Wind Could Save California’s Ratepayers $2Bn by 2040 (Report)

Installing 7-9GW of offshore wind in California by 2040 could save local ratepayers up to USD 2 billion, according to a new study by E3. Modeling results across all scenarios in the study found that including 7-9GW of offshore wind capacity in California’s energy mix by 2040 would produce ratepayer

about 7 years ago
GCE NODE: Norway Needs Targeted Offshore Wind Policies
Business & Finance

GCE NODE: Norway Needs Targeted Offshore Wind Policies

The Global Center of Expertise (GCE) NODE has called on the Norwegian government to establish a national strategy with the right incentives to help kickstart the local offshore wind industry. According to Anne-Grete Ellingsen, CEO of GCE NODE, Norway needs to launch an industrial policy as other nat

about 7 years ago
LOC Group Joins TWIND Project
Business & Finance

LOC Group Joins TWIND Project

LOC Group has been appointed to the Advisory Board of the TWIND project, focused on creating a network of research professionals for the offshore wind industry in Portugal. The EUR 796,000 three-year project, launched in July, has the objective of dynamizing a pool of specialized research profession

about 7 years ago
First Haliade-X 12MW Blade Goes for Testing
Business & Finance

First Haliade-X 12MW Blade Goes for Testing

LM Wind Power has sent off the first 107m long blade for GE’s Haliade-X 12MW turbine from its factory in Cherbourg, France, to the UK where it will undergo testing. The LM 107.0 P blade, the world’s largest, was loaded onto a vessel on 13 August in the Cherbourg harbor and began its journey to the [

about 7 years ago
US Picks Denmark’s Offshore Wind Brain
Business & Finance

US Picks Denmark’s Offshore Wind Brain

U.S. political representatives are paying a visit to Denmark to learn from its experience in offshore wind and to meet with the local industry. During the four-day visit, political representatives from the U.S. east coast states will see Danish production and port facilities and will meet with the l

about 7 years ago
Iberdrola Sells 40% East Anglia One Stake
Business & Finance

Iberdrola Sells 40% East Anglia One Stake

Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm. Iberdrola will continue to be the majority shareholder with a 60% stake in the 714MW wind farm located offshore Suffolk in the UK. Accord

about 7 years ago
Danske Commodities Expands to US
Business & Finance

Danske Commodities Expands to US

Danish energy trading company Danske Commodities has expanded its trading activities to the United States. Danske Commodities US LLC is based in Connecticut and is part of the company’s strategy of global expansion. Besides expanding geographically, Danske Commodities said it is dedicated to growing

about 7 years ago
TEPCO to Separate Renewables Business
Business & Finance

TEPCO to Separate Renewables Business

Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) is forming a new company dedicated to handling its renewable energy generation business. The aim of separating the renewables unit into a new entity is to increase the recognition of the renewables business and better coordinate with both domest

about 7 years ago
Offshore Renewables Bring LOC to UK North East
Business & Finance

Offshore Renewables Bring LOC to UK North East

LOC Longitude, part of LOC Group, has opened an office in Newcastle to better serve the offshore renewables market in the UK North East. According to LOC, the office will host geotechnical, geological, naval architecture and marine systems consulting engineers to serve its client base in the region.

about 7 years ago
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