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Business & Finance

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ENGIE Fabricom Upgrading Hoboken Site
Business & Finance

ENGIE Fabricom Upgrading Hoboken Site

ENGIE Fabricom is upgrading its site in Hoboken, Belgium, where Offshore High Voltage Stations (OHVS) are built and assembled for offshore wind farms. Due to a strong growth of these activities, ENGIE Fabricom is now investing EUR 5 million in the site, the company said. A new office building with a

about 7 years ago
UK Launches Ten-Year Offshore Wind Growth Programme
Business & Finance

UK Launches Ten-Year Offshore Wind Growth Programme

The Offshore Wind Industry Council (OWIC) is launching a ten-year programme to support the growth of UK businesses looking to capitalise on the opportunities offered by offshore wind. The Offshore Wind Growth Partnership (OWGP) will be delivered by Offshore Renewable Energy (ORE) Catapult which will

about 7 years ago
Swancor to Offload Renewables Unit
Business & Finance

Swancor to Offload Renewables Unit

Taiwan’s Swancor is selling 100% of its shares in Swancor Renewable Energy Co. Ltd and its subsidiary Haineng Wind Power to ”European and American energy companies’‘. Swancor is selling 20 million shares at a price range of between USD 1.3 and USD 5.07 per share. The transaction could fetch between

about 7 years ago
Hornsea One Starts Getting CfD Payments
Business & Finance

Hornsea One Starts Getting CfD Payments

The Hornsea Project One offshore wind farm has begun receiving Contract for Difference (CfD) payments. The Low Carbon Contracts Company (LCCC) began allocating the payments for the first phase of the 1.2GW offshore wind project as it passed the required tests for its Operational Conditions Precedent

about 7 years ago
SSE Seeks Survey Permits Offshore Ireland
Business & Finance

SSE Seeks Survey Permits Offshore Ireland

SSE Renewables has applied for Foreshore Licences to carry our surveys at two offshore wind sites in Ireland that could accommodate approximately 1.6GW of capacity. The applications to the Irish Department of Housing, Planning and Local Government seek approval for conducting geophysical, geotechnic

about 7 years ago
Ørsted Signs Greater Changhua Green Loan Facility
Business & Finance

Ørsted Signs Greater Changhua Green Loan Facility

Ørsted has signed a guaranteed five-year syndicated green revolving loan facility for its Greater Changhua offshore wind projects in Taiwan. The NTD 25 billion (circa EUR 714.3 million) green facility attracted 15 banks to join in less than two months, which represents the first time local state-own

about 7 years ago
Vineyard Wind Opens Permanent Office in Boston
Business & Finance

Vineyard Wind Opens Permanent Office in Boston

Vineyard Wind, the developer of an 800MW offshore wind project in Massachusetts, U.S., has opened a permanent office in Boston. According to Vineyard Wind, the new workplace will accommodate the company’s growing staff and provide a range of services for the 800MW wind farm and other projects in ear

about 7 years ago
UK EIC and World Forum Offshore Wind Sign MoU
Business & Finance

UK EIC and World Forum Offshore Wind Sign MoU

The UK Energy Industries Council (EIC) and the World Forum Offshore Wind (WFO) have signed a Memorandum of Understanding (MoU) to collaborate on offshore wind. Under the MoU signed in Aberdeen, the two parties agreed to cooperate on offshore wind supply chain project activities. “We work extensively

about 7 years ago
White & Case Takes Advisor Role in Yunlin Financing
Business & Finance

White & Case Takes Advisor Role in Yunlin Financing

Law firm White & Case LLP has advised the export credit agencies (ECAs) and the syndicate of commercial banks on the financing of the Yunlin offshore wind project in Taiwan. A financing group comprising 19 banks and three ECAs from Denmark (EKF), Germany (Euler Hermes) and the Netherlands (Atradius)

about 7 years ago
EolMed Seeks Public Opinion
Business & Finance

EolMed Seeks Public Opinion

The EolMed project team is holding a public comment period for the 25MW floating offshore wind project in France. The comment period for the French pilot project, set to be located some 15km offshore Gruissan, will be held from 21 June to 22 July. The events will take place at the Town Hall of Narbo

about 7 years ago
ABPmer Joins Crown Estate’s Marine Data Exchange Team
Business & Finance

ABPmer Joins Crown Estate’s Marine Data Exchange Team

The Crown Estate has appointed ABPmer to support the quality assurance of its Marine Data Exchange (MDE), which is focused on sharing survey data to inform the future development of offshore renewable energy projects. ABPmer will prepare, validate and upload data in compliance with the Marine Enviro

about 7 years ago
Singapore and Taiwan Firms Ink Offshore Wind MoU
Business & Finance

Singapore and Taiwan Firms Ink Offshore Wind MoU

Singapore’s Kim Heng Marine & Oilfield (KHMO) has signed a Memorandum of Understanding (MOU) with the Taiwan-based Hung Hua Construction (HHC) to collaborate on the offshore wind sector. KHMO will provide vessels, tugboats and barges to HHC by way of a charter, sale or joint ownership and operation

about 7 years ago
Colebrook Offshore Enters Irish Offshore Wind Deal
Business & Finance

Colebrook Offshore Enters Irish Offshore Wind Deal

London-based Colebrook Offshore has established a partnership with the Irish Grimes Offshore Services (GOS) to offer comprehensive marine, offshore and consultancy services for the offshore wind market in Ireland. Colebrook Offshore said it will offer support services to the renewable and offshore v

about 7 years ago
Danish TP Protection Project Gets Funding
Business & Finance

Danish TP Protection Project Gets Funding

Cotes has secured funding from Innovation Fund Denmark for the development of its off-grid protection solution for offshore wind transition pieces (TPs). Project COOPER includes a solution that protects the bases of offshore wind turbines from corrosive effects of salt-laden airborne moisture in sit

about 7 years ago
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