The European Commission has reinvested a portion of unspent funds from the NER300 programme to support the 25MW WindFloat Atlantic floating wind project offshore Portugal. WindFloat will be the first offshore windfarm employing a floating semi-submersible platform to reach the pre-commercial stage f
Siemens Gamesa supplied nearly half of the connected offshore wind turbines in Europe in the first six months of 2019, according to WindEurope. WindEurope reported that 133 Siemens Gamesa turbines were connected to the grid in the first half of the year, producing 931MW of energy and taking 48% of t
US investment firm Stonepeak Infrastructure Partners has acquired a 95% stake in Swancor Renewable Energy Co. Ltd, a subsidiary of Swancor Holding. The transaction is valued between USD 25 million and USD 101 million, Swancor said in a stock exchange filing. Swancor Renewable Energy holds a 15% stak
Fugro has secured contracts to conduct surveys at EDF’s Neart na Gaoithe offshore wind farm in the UK and Ørsted’s Greater Changhua project in Taiwan. Under the deals, Fugro will carry out multiple unexploded ordnance surveys at Neart na Gaoithe and a geotechnical survey at Greater Changhua, accordi
German wind turbine manufacturer Senvion has reached an agreement with its lenders which gives financial support for the continuation of its business until the end of August and potentially for a period thereafter if ongoing talks with lenders can be concluded successfully. As reported earlier, Senv
Vattenfall has allocated the first grants from the European Offshore Wind Deployment Centre (EOWDC) fund to community groups across Aberdeen committed to a fossil fuel-free future. The Unlock our Future Fund was designed following feedback to focus on projects and activities that support local commu
Siemens Gamesa reported a 12% year-on-year increase in revenue in the first nine months of the 2019 fiscal year, to EUR 7,283 million, driven by record activity in offshore wind. Siemens Gamesa also saw a 23% rise in revenue year-on-year in the third quarter, amounting to EUR 2,632 million, said to
German utility EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of EUR 1 billion which will be used to fund offshore and onshore wind projects and photovoltaics. This makes EnBW the first German green hybrid bond issuer, the company said. Rating agenc
RPS Group has secured Level 2 certification from DNV GL for its Floating LiDAR technology. According to RPS, the certification qualifies the RPS Lidar 4.5 buoy type to collect bankable wind resource data for the development of offshore wind farms. The news comes after a six-month validation deployme
Northern Ireland’s coastline is not suitable for fixed offshore wind farm development, according to a report by the Department of Economy. The report writes that as 99% of Northern Ireland’s potential offshore wind sites are located within 13km off the coast the visual impact would represent a signi
The European Commission has approved the support for six French offshore wind farms selected in the country’s first two tendering rounds. The projects include Courseulles-sur-Mer, Fécamp, Saint-Nazaire and Saint-Brieuc from the Round 1 tender in 2012, as well as Round 2 winners Dieppe-Le Tréport and
The Supergen Offshore Renewable Energy Hub has awarded UK universities with nearly GBP 1 million to support research projects on offshore renewable energy in the first round of its Flexible Fund. The Flexible Fund has been established to allow UK researchers to assess a number of key offshore renewa
Dutch heavy lift and transportation specialist Mammoet has signed an agreement to acquire the UK-based heavy lift and transportation provider ALE. Both companies are specialists in engineered heavy lifting and transport for sectors such as the petrochemical industry, renewable energy, power generati
Poland’s Port of Gdynia, Kosakowo commune and the cities of Rumia and Gdynia have signed a Letter of Intent (LoI) for offshore wind in the Polish Baltic Sea. The signatories plan to invest in and operate onshore facilities for offshore wind farm construction off the southern coast of the Baltic Sea.
