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Business & Finance

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European Progress Blazes Trail for Investment in US Offshore Wind
Business & Finance

European Progress Blazes Trail for Investment in US Offshore Wind

The progress offshore wind industry has made in Europe is making things easier when it comes to investments into such projects in the United States.

about 9 years ago
Wind Tops EU Installation Charts as Renewables Shine
Business & Finance

Wind Tops EU Installation Charts as Renewables Shine

Wind accounted for 51% of all new power installations in the European Union in 2016, connecting a total of 12.5GW to the grid across the 28 EU Member States – 10.923MW in onshore and 1,567MW offshore, WindEurope reports.

about 9 years ago
Dutch MPs Call For Extension of 2023 Offshore Wind Capacity Target
Business & Finance

Dutch MPs Call For Extension of 2023 Offshore Wind Capacity Target

The House of Representatives of the Netherlands has received a motion to look into the possibility of adding new offshore wind farm zones to the country’s list of projects scheduled for commissioning by 2023.

about 9 years ago
British Chamber of Commerce Shanghai Establishes UK-China Offshore Wind Hub
Business & Finance

British Chamber of Commerce Shanghai Establishes UK-China Offshore Wind Hub

The British Chamber of Commerce Shanghai has launched a UK-China hub for offshore wind.

about 9 years ago
MHI Vestas Firmed Up 910MW Worth of Orders in 2016
Business & Finance

MHI Vestas Firmed Up 910MW Worth of Orders in 2016

MHI Vestas Offshore Wind secured four firm and unconditional orders totalling 910MW in capacity in 2016. The firm orders were received for the 42MW Blyth project in the UK, the 406MW Horns Rev III project in Denmark, the 370MW Norther project in Belgium, and the 92MW Aberdeen Bay project in the Scot

about 9 years ago
Offshore Wind In Centre of Statoil’s Competitive Portfolio
Business & Finance

Offshore Wind In Centre of Statoil’s Competitive Portfolio

Statoil plans to set up a competitive portfolio including new energy solutions with a focus on offshore wind, low carbon solutions, ventures and R&D.

about 9 years ago
UK Researchers Developing Human-Robotics O&M System
Business & Finance

UK Researchers Developing Human-Robotics O&M System

Researchers from five UK universities have received a GBP 4 million grant to deliver a human-robotics hybrid solution for the maintenance and operation of offshore wind farms. The consortium, the Holistic Operation and Maintenance for Energy from Offshore Wind Farms or HOME-Offshore, brings together

about 9 years ago
Weaker Winds Dent Vattenfall’s FY 2016 Results
Business & Finance

Weaker Winds Dent Vattenfall’s FY 2016 Results

Swedish energy company Vattenfall marked a slight dip in net sales at its wind division in the Fiscal Year 2016 despite adding 297MW of new renewable capacity throughout the period.

about 9 years ago
DONG Picks Anglo-German Team for Hornsea One Transition Pieces
Business & Finance

DONG Picks Anglo-German Team for Hornsea One Transition Pieces

DONG Energy has hired Germany’s Steelwind Nordenham and Teesside-based Wilton Engineering Services Limited to supply the 1.2GW Hornsea Project One offshore wind farm with 20 transition pieces. The multi-million pound contract was signed in Port Clarence in Middlesbrough on Monday, 6 February. Wilton

about 9 years ago
US Wind Shines Light on OW Workforce Development Needs
Business & Finance

US Wind Shines Light on OW Workforce Development Needs

US Wind held an informational meeting on 2 February in Baltimore, where the company proposing to build a large-scale offshore wind farm off Maryland met with offshore wind developers, supply chain industry leaders, economic development experts and federal and state agency officials.

about 9 years ago
Fathom Enters Offshore Wind Picture with Beatrice Contract
Business & Finance

Fathom Enters Offshore Wind Picture with Beatrice Contract

Fathom Systems has won a contract to supply a turnkey service of design engineering, procurement and manufacture of specialist electrical distribution equipment to be installed in each of the 84 turbine transition pieces intended for the 588MW Beatrice offshore wind farm. The scope of supply for the

about 9 years ago
Linklaters Reveals Taiwanese Connection
Business & Finance

Linklaters Reveals Taiwanese Connection

London-headquartered law firm Linklaters has advised Denmark’s DONG Energy on its acquisition of a 35 per cent interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable.

about 9 years ago
Top News of the Week, 30 January – 5 February 2017
Business & Finance

Top News of the Week, 30 January – 5 February 2017

Germany Launches First Competitive Offshore Wind Tender, 1.55GW Up for Grabs German Federal Network Agency (Bundesnetzagentur) has issued an invitation to tender as part of the first competitive bidding process for offshore wind under which the bidders with the lowest offered prices will be awarded

about 9 years ago
EIB Approves EUR 57 Million for Burbo Bank Extension Link
Business & Finance

EIB Approves EUR 57 Million for Burbo Bank Extension Link

On 31 January, the Board of Directors of the European Investment Bank (EIB) approved more than EUR 7.8 billion of new financing which, inter alia, includes EUR 57 million (GBP 50 million) for the offshore transmission network of the Burbo Bank Extension offshore wind farm in the UK.

about 9 years ago
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