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Top News of the Week, 24 – 30 October
Business & Finance

Top News of the Week, 24 – 30 October

DONG Marks 1000th Turbine in Water DONG Energy has become the first company worldwide to have installed 1,000 offshore wind turbines, after recently installing the landmark turbine at the Gode Wind 2 offshore wind farm in German North Sea. DONG Upgrades Tendering System DONG Energy has added a new c

about 9 years ago
US Wind Gets Competition off Maryland
Business & Finance

US Wind Gets Competition off Maryland

A second Offshore Wind Renewable Energy Credit (OREC) application has recently been submitted by a second developer in Maryland, USA, the Business Network for Offshore Wind reports. This application will compete with US Wind, who filed in an OREC application in February. The window for any additiona

about 9 years ago
Tern Sisters Lift Fred. Olsen’s Offshore Wind Unit
Business & Finance

Tern Sisters Lift Fred. Olsen’s Offshore Wind Unit

Fred. Olsen Ocean’s offshore wind segment reported NOK 428 million operating revenue in the third quarter of 2016, compared with NOK 254 million in the same period in 2015, mainly due to higher utilisation and rates from the jack-up installation vessels Brave Tern and Bold Tern. The segment includes

about 9 years ago
ZPMC Found Responsible for Greater Gabbard Monopile Cracks
Business & Finance

ZPMC Found Responsible for Greater Gabbard Monopile Cracks

The Technology and Construction Court in London has ruled that cracking discovered on some of the 140 monopiles built by Shanghai Zhenhua Heavy Industries Ltd (ZPMC) for the Greater Gabbard offshore wind farm ”was largely a result of various failures by ZPMC to maintain correct preheat temperature o

about 9 years ago
WindEurope: Sweden Should Rethink Its Offshore Wind Policy
Business & Finance

WindEurope: Sweden Should Rethink Its Offshore Wind Policy

Sweden’s cross-party Energy Commission has recently agreed that Sweden should increase its renewables output by 18TWh a year toward 2030, though it stopped short of recommending any major reform of the current certificate scheme, according to WindEurope. The country’s joint certificate scheme with N

about 9 years ago
Statkraft Starts Preparing Offshore Wind Exit
Business & Finance

Statkraft Starts Preparing Offshore Wind Exit

Norway’s Statkraft has started preparations for the divestment of its offshore wind assets which include the company’s shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects in the UK. A divestment of all shares in Sheringham Shoal requires

about 9 years ago
Scots Want Offshore Wind Community Benefits
Business & Finance

Scots Want Offshore Wind Community Benefits

The Highland Council has asked the Scottish government to help local authorities in setting a recommended level of community benefit for offshore wind developments. In addition, the Highland Council has asked for rapid progress to be made to agree a position on the devolution of Crown Estate incomes

about 9 years ago
14 Bidders Competing for New York Offshore Wind Area
Business & Finance

14 Bidders Competing for New York Offshore Wind Area

The Bureau of Ocean Energy Management (BOEM) has identified 14 companies as legally, technically and financially qualified to participate in the upcoming commercial wind lease sale of 79,350 acres offshore New York, including industry leaders such as DONG Energy, innogy and Iberdrola’s Avangrid Rene

about 9 years ago
New York Offshore Wind Acreage Goes on the Block in December
Business & Finance

New York Offshore Wind Acreage Goes on the Block in December

The U.S. Secretary of the Interior Sally Jewell and the Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper have announced that 79,350 acres offshore New York will be offered in commercial wind lease sale in December. “Today’s announcement not only marks another milestone for the U

about 9 years ago
Offshore Energy Exhibition & Conference 2016: Where Renewables Met Oil & Gas
Business & Finance

Offshore Energy Exhibition & Conference 2016: Where Renewables Met Oil & Gas

With 667 exhibitors, 25,000m² floor space and visitors representing 99 nationalities, Offshore Energy Exhibition & Conference 2016 (OEEC) was not only a great success, the event also grew compared to last year. A great achievement in the current offshore energy market. 11,989 people came to Amsterda

about 9 years ago
Noord-Holland Noord Offshore Logistics Hub Launched at OEEC
Business & Finance

Noord-Holland Noord Offshore Logistics Hub Launched at OEEC

The Port of Den Helder, Den Helder Airport, Port and Nautical Association HSV, Development Agency Noord-Holland Noord (NHN) and Maritime Campus Netherlands have launched a ‘North Sea Energy Gateway’ trademark at the Offshore Energy Exhibition & Conference 2016 (OEEC) in Amsterdam. The new propositio

about 9 years ago
Offshore WIND Expertise HUB
Business & Finance

Offshore WIND Expertise HUB

During the Offshore Energy Exhibition & Conference 2016 there was a new place on the exhibition floor called the Offshore WIND Expertise HUB. On the HUB, 22 companies were interviewed on various topics within the industry, from foundations to innovations and vessels in offshore wind to future progno

about 9 years ago
Societe Generale Goes All In on Offshore Wind in 2016, Cuts Coal Financing
Business & Finance

Societe Generale Goes All In on Offshore Wind in 2016, Cuts Coal Financing

Societe Generale was involved in 100% of offshore wind farm projects financed in Europe this year, the French multinational banking and financial services company said in its announcement that it will stop dedicated coal financing and step up its commitment to renewable energies. This decision will

about 9 years ago
MacArtney Takes Over ASME
Business & Finance

MacArtney Takes Over ASME

Esbjerg-headquartered MacArtney Underwater Technology Group has acquired the majority holding in Denmark-based ASME A/S, a manufacturer of offshore and renewable energy system solutions. ASME’s 125 strong staff design and manufacture complete systems to the marine offshore, ocean science and renewab

about 9 years ago
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