Norwegian energy company Statoil plans to sign a power purchase agreement with a U.S. utility by the end of 2018 in order to develop an offshore wind project off New York, a senior company official told Reuters.
Commenting on Fugro’s financial results for the third quarter of 2017, which were below the company’s expectations, CEO Paul van Riel said that Fugro has strong positions in the renewable energy market with good potential for further growth.
NKT’s part of the contract for Borssele Beta, won in a consortium with VBMS, is valued at approximately EUR 90 million. As reported earlier, the contract value for VBMS is approximately EUR 70 million.
Industrial digitalisation could enable significant opportunities for export growth in the UK offshore wind sector, according to the latest UK Made Smarter Review – previously known as the Industrial Digitalisation review.
Vineyard Wind, an offshore wind energy developer vying to build the first utility-scale project off the coast of Massachusetts, has named Lars Thaaning Pedersen as its new CEO and Iain Henderson as CFO.
The developers of the commercial offshore wind farms in the Dutch Borssele Zone (which also comprises a demonstration site) are looking to sell electricity to corporations, according to Reuters.
DONG Energy will start trading under the ticker symbol Orsted as of 31 October, after the shareholders approved the plan to change the company’s name to Ørsted.
DeepOcean’s Board of Directors has announced that COO Ottar Mæland will take over the responsibilities as the company’s acting CEO.
Global Wind Service (GWS), 75.5%-owned by Fred. Olsen Windcarrier, saw a 13% revenue growth in the third quarter of 2017, as its owner reported lower revenues from installation vessels for Q3.
Siem Offshore Contractors (SOC) continues to experience a high level of tendering activity for EPIC-based contracts for submarine power cables to be laid on offshore wind farms, the company stated in their report on the third quarter of 2017.
Vattenfall’s wind energy unit reported an underlying operating profit of SEK -0.3 billion (approx. EUR 31 million) for the third quarter, due to lower availability resulting from grid outages and cable issues in some offshore wind farms.
Following the support scheme agreement reached today (27 October) with Belgian government for its Northwester 2 offshore wind farm, Parkwind announced it will now accelerate project development activities and prepare for financial close in 2018.
Belgian government today (27 October) reached an agreement with the developers of three offshore wind projects on a price of EUR 79/MWh as part of the government’s support scheme.
The Port of New Bedford, Massachusetts, has applied for a USD 15 million government grant to make room for an increase in activities, including offshore wind.
