Vattenfall’s Wind division posted an underlying operating profit of SEK 1.9 billion (EUR 182.5 million) in the first nine months of 2018, a 153% increase compared to SEK 752 million reported for the same period in 2017. The increase was largely attributed to additional capacity, as well as positive
Floating wind could generate up to 17,000 jobs and GBP 33.6 billion of gross value added in the UK by 2050, according to a new study carried out by the Offshore Renewable Energy (ORE) Catapult on behalf of the Crown Estate Scotland.
MHI Vestas Offshore Wind and Copenhagen Infrastructure Partners (CIP) have signed a localisation agreement for offshore wind projects in Taiwan.
The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer, according to offshore energy support vessel (OESV) operator, Seacat Services, as it reports its latest operational figures.
German wind turbine manufacturer Senvion and Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) have joined forces under a new agreement that will see the two companies cooperating to market, sell, install and operate Senvion wind turbines in Japan.
Fugro has recorded a revenue growth of 19.4% in the third quarter of 2018 compared to the same period last year, an increase mainly driven by offshore wind and oil & gas markets.
The New York State Energy Research & Development Authority (NYSERDA) is organising a New York Offshore Wind Supplier Forum to be held at the Roosevelt Hotel on 15 November.
Norway’s Equinor and the Norwegian Ministry of Petroleum and Energy met with Nippon Foundation in Tokyo to discuss offshore wind collaboration, GCE NODE said.
German energy company EnBW has launched its first green bond on the capital market, with an issue size of EUR 500 million.
Ørsted has added Bladt Industries, Nexans and Cordeel to the list of suppliers and contractors for the 752MW Borssele 1 and 2 wind farm in the Dutch North Sea, according to Henrik Egholm, EPC director Borssele 1 and 2.
Rostock-based EEW Special Pipe Constructions GmbH (EEW SPC) has won a contract to produce 47 monopiles for Ørsted’s Borssele 1 and 2 offshore wind farm.
Ørsted has awarded Sif Holding N.V. with a contract to produce 47 monopiles for the Borssele 1 and 2 offshore wind farm in the Dutch North Sea.
Spanish energy giant Iberdrola plans to spend around EUR 9 billion to reach the target of having 3GW of installed offshore wind capacity in the US and in Europe by 2023.
The offshore wind industry cannot operate a zero-subsidy project in the same way as an EUR 100 per megawatt-hour wind farm, according to Clym Stock-Williams, Wind Energy Consultant at TNO.