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RenewableUK Hails UK Content at Hornsea Project One
Business & Finance

RenewableUK Hails UK Content at Hornsea Project One

RenewableUK has welcomed the news that DONG Energy has awarded the UK-based JDR Cables with a multi-milion-pound contract to supply array cables to what will be the world’s biggest offshore wind farm, the 1.2GW Hornsea Project One. The British company will design and manufacture 242 kilometres of ar

about 9 years ago
JDR Strikes Gold with Hornsea Project One Contract
Business & Finance

JDR Strikes Gold with Hornsea Project One Contract

DONG Energy has awarded JDR with a contract to supply subsea power cables for the 1.2GW Hornsea Project One offshore wind farm, the largest array cable award in the company’s history. The contract will see JDR design and manufacture 242km of array cables, covering two thirds of the total wind farm c

about 9 years ago
TSG Marine Expanding, Picks Port of Blyth as Its Base
Business & Finance

TSG Marine Expanding, Picks Port of Blyth as Its Base

TSG Marine and Port of Blyth have announced a partnership that will see the provider of engineering solutions to the oil & gas, marine and renewables industries creating a base for its services at the Port. The engineering company has been looking for a waterside base to support its expansion plans

about 9 years ago
MHI Vestas Employing 70 at UK Blade Factory
Business & Finance

MHI Vestas Employing 70 at UK Blade Factory

MHI Vestas has announced 70 new jobs created in the Solent Region as the company is increasing production staff at its blade production facility on the Isle of Wight. Economic impact of MHI Vestas’ Blade Production facility in the last 12 months has been £135 million of economic output to the UK eco

about 9 years ago
Japan’s Largest Banks Eye More European Offshore Wind Financing
Business & Finance

Japan’s Largest Banks Eye More European Offshore Wind Financing

Negative interest rates in Japan have pushed two of the country’s biggest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group, to adding more project finance loans for, primarily European, renewable energy as infrastructure such as offshore wind farms brings strong yield

about 9 years ago
Borssele, Danish Nearshore Bids Slash LCOE in H2 2016
Business & Finance

Borssele, Danish Nearshore Bids Slash LCOE in H2 2016

Competitive bidding for projects in Denmark and the Netherlands has driven global levelised costs of electricity (LCOE) from offshore wind down to a benchmark estimate of USD 126 per megawatt-hour in the second half of 2016, down 22% from the first half of 2016, and 28% from the second half of 2015,

about 9 years ago
M² Subsea Investing in 32 ROVs
Business & Finance

M² Subsea Investing in 32 ROVs

Aberdeen and Houston based M² Subsea Limited, a recently formed subsea services business, has secured a private equity investment to acquire a fleet of 32 remotely operated vehicles (ROVs). M² Subsea is set to become one of the largest independent providers of ROV services globally after attracting

about 9 years ago
Highlights of the Month: October 2016
Business & Finance

Highlights of the Month: October 2016

Elisa Floats Self-Installing Offshore Wind Turbine Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. The Big League Offering Lowest Offshore Wind Prices (I

about 9 years ago
DEME Inks Chinese Offshore Wind Deal with COSCO Shipping
Business & Finance

DEME Inks Chinese Offshore Wind Deal with COSCO Shipping

Belgian DEME Group and Chinese COSCO Shipping have officially embarked on a joint journey to develop offshore wind energy in China, under an umbrella agreement signed on 31 October, following the two companies’ joint venture announcement in May. With the Chinese government aiming to significantly in

about 9 years ago
Boskalis to Start Laying Off Employees in November
Business & Finance

Boskalis to Start Laying Off Employees in November

The trade union CNV Vakmensen has agreed to the social plan related to Royal Boskalis Westminister’s fleet rationalization, announced in July. Mid-September, Boskalis’ Dutch Works Council agreed to the fleet rationalization and the related social plan. Boskalis will start with the implementation of

about 9 years ago
Maritime Partner to Build Daughter Boats for DONG’s SOVs
Business & Finance

Maritime Partner to Build Daughter Boats for DONG’s SOVs

Norwegian boat builder Maritime Partner AS has signed a contract with the Spanish shipyard Astilleros Gondan for the delivery of four boats which will be stationed onboard two new Service Operation Vessels (SOV) working for the offshore wind power industry. The SOV’s are ordered by the Norwegian shi

about 9 years ago
RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad
Business & Finance

RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad

British companies have already won 115 contracts to provide services for 50 offshore wind projects abroad and can stand to benefit further from 250 offshore wind farms in development around the world, according to a document released by RenewableUK. The document shows that British companies are winn

about 9 years ago
Atlas Professionals to Hold a Recruitment Day in Liverpool
Business & Finance

Atlas Professionals to Hold a Recruitment Day in Liverpool

DONG Energy’s recruitment partner Atlas Professionals will host a recruitment day in Liverpool on 11 November. Atlas’ Liverpool recruitment day will be held at the Liverpool Gateway Conference Centre from 10 am to 4 pm GMT. With a variety of long-term frame agreements in place, the recruitment day w

about 9 years ago
IRENA: Offshore Wind Could Reach 100GW Capacity by 2030
Business & Finance

IRENA: Offshore Wind Could Reach 100GW Capacity by 2030

Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi

about 9 years ago
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