Vattenfall has issued a EUR 500 million senior unsecured green bond with a tenor of seven years. The bond is the company’s first and the first international issuance under an EMTN program under Swedish governing law, listed on Nasdaq Stockholm. The proceeds from the issue are earmarked for projects
U.S. coastal states must compete, but also cooperate, to develop an offshore wind industry that benefits everyone, according to a new report by the Business Network for Offshore Wind. The Leadership 100 report writes that the priority areas include the development of an industry road map, recommenda
Eight offshore wind majors have officially launched the Taiwan Offshore Wind Industry Association. The founding members include Ørsted, Northland Power, Copenhagen Infrastructure Partners (CIP), wpd offshore solutions, Macquarie Group, Swancor, Yushan Energy and the Japanese utility JERA. The associ
EnBW North America has opened an office in Boston, Massachusetts, to pursue offshore wind opportunities in the Northeast US. In New England, EnBW North America participated in last December’s auction for offshore lease areas off the Massachusetts coast, competing through the last round of bidding on
The Supergen ORE Hub has received GBP 4 million from the Engineering and Physical Sciences Research Council (EPSRC) as support for offshore renewable energy research. The Supergen ORE Hub is a national consortium created in July last year to bring together academic, industrial and policy stakeholder
C-Ventus Offshore Windfarm Services BV has merged with 4SEAS BV to jointly service the offshore wind industry. The merger, concluded on 3 June, will see all 4SEAS personnel and activities, including ongoing projects and opportunity pipeline, handled by the new company which will trade under the C-Ve
Danish wind turbine manufacturer MHI Vestas has opened its first US office in Boston, Massachusetts. The office will focus on project activity, sales, and market strategy as MHI Vestas gears up for the installation of its V164-9.5 MW turbines at the 800MW Vineyard Wind offshore wind farm. “Choosing
The Dutch DOB-Academy has signed two agreements in Japan for cooperation on offshore wind. DOB-Academy signed a contract with Nagasaki Marine Industry Cluster Promotion Association (NAMICPA) for an Ocean Human Resources Development Center (OHRDC) in Nagasaki which will organize a new academy to prov
Taiwan Offshore Windfarm Service Corp. (TOWSC) has entered into a collaboration agreement with UK manning services provider ERSG covering offshore wind-related business in Taiwan. Both parties target the manning services from construction, commissioning, to operation and maintenance (O&M) stages for
HYON AS has signed an agreement to deliver consulting services to TechnipFMC for the Deep Purple project dedicated to converting offshore wind energy into hydrogen and storing it on the seabed. The Deep Purple project is focused on developing solutions that allow energy from offshore wind farms to b
Xodus Group and Leidos have joined forces in an alliance dedicated to the offshore wind industry in North America. The partnership is expected to leverage Leidos’ renewable capabilities with Xodus’ experience in European offshore wind projects, Xodus said. “Our alliance with Leidos brings owners and
SeaTwirl has secured a EUR 2.48 million grant from the European Commission for its SeaTwirl S2 floating wind turbine. SeaTwirl is receiving the grant for the 1MW full-scale floating wind turbine as part of the European Innovation Council’s SME Instrument program. The grant will be used for the final
The German Buss Offshore Solutions and French logistics services provider IDEA Groupe have officially entered into a joint venture dedicated to the offshore wind market in France. The news follows the signing of a declaration of intent for establishing the Buss IDEA Offshore joint venture which took
London-based fund manager Glennmont Partners has raised EUR 850 million in its Clean Energy Fund III which will see investments in European offshore wind projects for the first time. Over 70% of Clean Energy Fund III will be invested in projects in the Eurozone with the UK also being an important ma
