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Business & Finance

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Jobs & RecruitmentWind Farm UpdateVessels
Ørsted Wind Farms Deliver in Q1
Business & Finance

Ørsted Wind Farms Deliver in Q1

Ørsted has reported DKK 3.6 billion operating profit (EBITDA) from its offshore wind farms in operation in the first quarter of 2019, a year-on-year increase of 13% mainly driven by a ramp-up in generation from the Borkum Riffgrund 2 and the Walney Extension wind farms. Power generation from offshor

about 7 years ago
Swire Blue Ocean Takes Root in Taiwan
Business & Finance

Swire Blue Ocean Takes Root in Taiwan

Swire Blue Ocean (SBO) has appointed Matt Bowden as the new Area Manager in Taiwan with the aim to strengthen its local business presence. Bowden is based in Taipei and will act as the key representative for SBO in Taiwan, providing strategic leadership in business development, sales & marketing and

about 7 years ago
Bibby Marine Services Appoints Business Development Manager
Business & Finance

Bibby Marine Services Appoints Business Development Manager

Bibby Marine Services has appointed Equinor’s Michael Martins as Business Development Manager. Bibby said that the business goal is to add new vessels to its fleet, widening service offering and creating a larger geographical basis. The company has thus developed a range of vessel designs and is coo

about 7 years ago
Saitec Secures EU Funding for SATH Prototype
Business & Finance

Saitec Secures EU Funding for SATH Prototype

The Spanish Saitec Offshore has secured funding from the European Commission to build a prototype version of its SATH (Swinging Around Twin Hull) floating wind turbine design. Saitec will use the almost EUR 2 million funding to build and deploy a 1:6 SATH prototype for two-year offshore testing to d

about 7 years ago
Ørsted Greenlights 900MW Taiwanese Offshore Wind Farm
Business & Finance

Ørsted Greenlights 900MW Taiwanese Offshore Wind Farm

Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed

about 7 years ago
MHI Vestas Breezes Through Norther
Business & Finance

MHI Vestas Breezes Through Norther

MHI Vestas has completed turbine installation at the Norther offshore wind farm in Belgium in record time. “The MHI Vestas installation team, together with our partners, has completed installation at Norther in record time,” said MHI Vestas Chief Operations Officer, Flemming Ougaard. “Not only did w

about 7 years ago
Ørsted Opens New Round of Walney Extension Skills Fund
Business & Finance

Ørsted Opens New Round of Walney Extension Skills Fund

Ørsted has launched the third annual round of its Walney Extension Skills Fund, dedicated to coastal areas of Lancashire and Cumbria in the UK. GBP 50,000 is available to organizations that can develop and deliver Science, Technology, Engineering and Maths (STEM) related training or education course

about 7 years ago
Innogy Secures Sofia Capacity Boost
Business & Finance

Innogy Secures Sofia Capacity Boost

Innogy has received approval to increase the maximum installed capacity of its Sofia offshore wind farm by 200MW, from 1.2GW to 1.4GW. UK’s Marine Management Organisation (MMO) has approved amendments to the deemed marine licenses, which correspond to changes to the development consent order decided

about 7 years ago
Bladt Orders Kriegers Flak Cranes
Business & Finance

Bladt Orders Kriegers Flak Cranes

The Danish Hvide Sande Shipyard, Steel and Service has received an order to supply cranes for Vattenfall’s Kriegers Flak offshore wind farm. Hvide Sande will provide 72 cranes for the 605MW project in the order placed by Bladt Industries, which in charge of delivering the wind farm’s transition piec

about 7 years ago
Acta Centaurus Arrives Home
Business & Finance

Acta Centaurus Arrives Home

Acta Marine has taken delivery of its new walk-to-work vessel Acta Centaurus from Ulstein Verft. The newbuild vessel began its sea trials at the beginning of April after leaving Ulstein Verft’s construction site in Norway. According to Acta Marine’s Managing Director Rob Boer, Acta Centaurus will no

about 7 years ago
GE Haliade-X 12MW on UK Tour
Business & Finance

GE Haliade-X 12MW on UK Tour

GE Renewable Energy is holding a series of supply chain engagement events in the UK for its Haliade-X 12MW offshore wind turbine. The events are part of GE’s supply chain plan for the world’s most powerful offshore wind turbine and will welcome potential suppliers that have suitable products or serv

about 7 years ago
GlobalData: French Duo to Strengthen Siemens Gamesa Top Position
Business & Finance

GlobalData: French Duo to Strengthen Siemens Gamesa Top Position

Siemens Gamesa will solidify its leading position in offshore wind after replacing GE on two projects Eolien Maritime France (EMF) is developing in France, according to GlobalData. As reported, Siemens Gamesa signed a framework agreement with EMF for the supply and service of turbines for two of EMF

about 7 years ago
New Scottish Initiative Links Offshore Wind Innovators and Academia
Business & Finance

New Scottish Initiative Links Offshore Wind Innovators and Academia

The Knowledge Exchange Network (KEN) is launching a new initiative aimed at giving Scottish businesses a head start in developing offshore wind products and services with the help of academic expertise. The initiative features the Energy Technology Partnership (ETP), an alliance of 13 Scottish unive

about 7 years ago
Iberdrola Feels Wikinger Bump
Business & Finance

Iberdrola Feels Wikinger Bump

Iberdrola’s Renewables business posted an operating profit of EUR 683.6 million in the first quarter of 2019, up by 13.3% compared to the same period a year earlier, driven in part by the contribution from the Wikinger offshore wind farm. The Spanish energy company’s offshore wind farms produced 643

about 7 years ago
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