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Business & Finance

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Ørsted Cautions Against FiT Reductions in Taiwan
Business & Finance

Ørsted Cautions Against FiT Reductions in Taiwan

The proposed reduction in 2019 Feed-in-Tariffs (FiTs) for offshore wind in Taiwan could potentially have a negative impact on Ørsted’s localisation plans and the final investment decision for the company’s first offshore projects in the country, a spokesperson for Ørsted told Offshore WIND.

about 7 years ago
Ørsted Becomes THMA Milestone Member
Business & Finance

Ørsted Becomes THMA Milestone Member

Ørsted has joined the Team Humber Marine Alliance (THMA), becoming the non-profit organization’s 250th member.

about 7 years ago
Japan Approves New Offshore Wind Bill
Business & Finance

Japan Approves New Offshore Wind Bill

A bill promoting the commercial use of offshore wind in Japanese waters has passed both houses of Japan’s National Diet.

about 7 years ago
Taiwan Proposes Offshore Wind Feed-in-Tariff Cut
Business & Finance

Taiwan Proposes Offshore Wind Feed-in-Tariff Cut

Taiwan’s Ministry of Economic Affairs has proposed a 12.71% reduction in Feed-in-Tariffs (FiTs) for offshore wind projects that sign their Power Purchase Agreements (PPAs) in 2019 as compared to the current rate.

about 7 years ago
KEPCO and MUL Buy Into Moray East
Business & Finance

KEPCO and MUL Buy Into Moray East

The Kansai Electric Power Co., Inc (KEPCO) and Mitsubishi UFJ Lease & Finance Company Limited (MUL) have acquired stakes in the Moray East offshore wind project in Scotland.

about 7 years ago
EMO Becomes Windea La Cour Agent
Business & Finance

EMO Becomes Windea La Cour Agent

EMS Maritime Offshore (EMO) has taken over agency services for the service operations vessel (SOV) Windea La Cour in the port of Eemshaven, the Netherlands.

about 7 years ago
Vallourec Structural Tubes for Borssele OSS
Business & Finance

Vallourec Structural Tubes for Borssele OSS

The France-headquartered Vallourec is supplying structural tubes for the Borssele Alpha and Beta offshore transformer stations in the Dutch North Sea.

about 7 years ago
French Coastal Regions Balk At New Offshore Wind Targets
Business & Finance

French Coastal Regions Balk At New Offshore Wind Targets

Representatives from six French coastal regions and the industry have severely criticised France’s offshore wind targets set out in the new multiannual energy programme, describing them as a ”disaster” and ”the worst-case scenario”.

about 7 years ago
Moray East OWF Gets Funding
Business & Finance

Moray East OWF Gets Funding

The Moray Offshore Windfarm (East) Limited consortium has secured financing for the construction of its 950MW offshore wind farm in the Outer Moray Firth, Scotland.

about 7 years ago
SeaRoc Holds Marine Coordination Training in Taiwan
Business & Finance

SeaRoc Holds Marine Coordination Training in Taiwan

SeaRoc Group has delivered the first formal marine coordination training in Taiwan to the Industrial Technology Research Institute (ITRI).

about 7 years ago
Port of Cromarty Firth to Feature Energy and Cruise Hub
Business & Finance

Port of Cromarty Firth to Feature Energy and Cruise Hub

Port of Cromarty Firth will invest GBP 30 million in a new quayside expansion, the port announced shortly after revealing its GBP 10 million contract for Moray East offshore wind farm.

about 7 years ago
MHI Vestas Starts Building US Offshore Wind Team
Business & Finance

MHI Vestas Starts Building US Offshore Wind Team

MHI Vestas Offshore Wind has appointed Jason Folsom to its team, marking the company’s first official hire in the U.S. market.

about 7 years ago
MH-O&Co Unveils Newbuild Hornsea One CTV
Business & Finance

MH-O&Co Unveils Newbuild Hornsea One CTV

MH-O&C has launched the newbuild crew transfer vessel (CTV) MHO Gurli which Ørsted ordered for its Hornsea Project One offshore wind farm in the UK.

about 7 years ago
Aviva Backs Hornsea One with GBP 400 Million
Business & Finance

Aviva Backs Hornsea One with GBP 400 Million

The UK-based Aviva Investors has invested GBP 400 million to help fund the construction of Ørsted’s Hornsea Project One offshore wind farm.

about 7 years ago
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