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Business & Finance

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Mayflower Aims to Have Massachusetts OWF Running by Mid-2020s
Business & Finance

Mayflower Aims to Have Massachusetts OWF Running by Mid-2020s

Mayflower Wind Energy could bring its Massachusetts offshore wind farm into operation by the mid-2020s, the company stated following the announcement of the provisional lease winners on 14 December.

about 7 years ago
US Bags $405.1 Million on Equinor, Mayflower, Vineyard Wind’s Massachusetts Bids
Business & Finance

US Bags $405.1 Million on Equinor, Mayflower, Vineyard Wind’s Massachusetts Bids

Offshore wind farms at three lease areas off Massachusetts will be built by Equinor (former Statoil), Mayflower Wind Energy (a joint venture between Shell and EDP Renewables) and Vineyard Wind. The three will secure 30-year concessions with a total of USD 405,100,000.

about 7 years ago
Massachusetts Offshore Wind Auction Day 2 Starts
Business & Finance

Massachusetts Offshore Wind Auction Day 2 Starts

The US Bureau of Offshore Energy Management (BOEM) has resumed the auction for commercial wind energy leasing offshore Massachusetts.

about 7 years ago
Record-Shattering Massachusetts Offshore Wind Auction Enters Day Two
Business & Finance

Record-Shattering Massachusetts Offshore Wind Auction Enters Day Two

Three commercial wind leases offshore Massachusetts have brought in a total of USD 285 million in bids in the first 24 auction rounds, sending a strong signal that developers are committed to the US offshore wind market.

about 7 years ago
MHI Vestas Carries Out Sales Exec Changes
Business & Finance

MHI Vestas Carries Out Sales Exec Changes

MHI Vestas has promoted its current Vice President of Europe Sales Hans Henrik Jensen as Chief Sales Officer.

about 7 years ago
Ørsted Picks Greater Changhua Financing Team
Business & Finance

Ørsted Picks Greater Changhua Financing Team

Ørsted has appointed the Bank of Taiwan, Cathay United Bank and BNP Paribas as lead arrangers for financing the Greater Changhua offshore wind projects in Taiwan.

about 7 years ago
New Senvion CEO Taking Helm in January
Business & Finance

New Senvion CEO Taking Helm in January

Senvion’s newly appointed Chief Executive Officer (CEO) Yves Rannou will officially take over the role on 1 January 2019.

about 7 years ago
Dudgeon Owners Sign Refinancing Deal
Business & Finance

Dudgeon Owners Sign Refinancing Deal

Equinor, Masdar and China Resources Group, the owners of the Dudgeon wind farm, have signed a hybrid refinancing of GBP 1.4 billion (EUR 1.55 billion).

about 7 years ago
Sif and Smulders Win SeaMade Contract
Business & Finance

Sif and Smulders Win SeaMade Contract

Dredging International has contracted Sif to produce the monopiles and, in joint venture with Smulders, the transition pieces for the SeaMade offshore wind farm in Belgium.

about 7 years ago
Formosa 2 Power Purchase Agreement All Set
Business & Finance

Formosa 2 Power Purchase Agreement All Set

Swancor has signed a power purchase agreement (PPA) with Taipower for the Formosa 2 offshore wind farm.

about 7 years ago
SeaTwirl, Floating Power Plant Secure EU Funding
Business & Finance

SeaTwirl, Floating Power Plant Secure EU Funding

SeaTwirl and Floating Power Plant have joined the Ocean Energy Scale-Up Alliance (OESA) which has been granted funding from the Interreg North Sea Region.

about 7 years ago
Roll Group Unveils TP Transport Concept
Business & Finance

Roll Group Unveils TP Transport Concept

Roll Group has developed a detachable base frame for the onshore transport of transition pieces using its self-propelled modular transporter (SPMT).

about 7 years ago
Virginia Offshore Wind Project Brings Subsea 7 to the US
Business & Finance

Virginia Offshore Wind Project Brings Subsea 7 to the US

Ørsted North America has awarded Seaway Offshore Cables (SOC) with a contract for the supply and installation of inter-array cables at the Coastal Virginia Offshore Wind (CVOW) project in the U.S.

about 7 years ago
Petrobras Adds Offshore Wind to 2019-2023 Plan, Earmarks $0.4Bn for Renewables
Business & Finance

Petrobras Adds Offshore Wind to 2019-2023 Plan, Earmarks $0.4Bn for Renewables

Brazilian oil and gas company Petrobras will invest USD 417 million (approx. EUR 365 million) in wind energy, solar energy and biofuels from 2019 to 2023. This has been set out in the company’s new Business and Management Plan (BMP), released on 5 December together with its 2040 Strategic Plan, of w

about 7 years ago
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