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Massachusetts Settles on 1600MW Offshore Wind Target by 2027
Business & Finance

Massachusetts Settles on 1600MW Offshore Wind Target by 2027

The Massachusetts State Legislature on 1 August voted on and passed an energy bill which includes a requirement that utilities enter into long-term contract for 1,600MW of offshore wind power not later than 30 June, 2027. The Bill H.4568, An Act to Promote Energy Diversity will now go to the Governo

about 10 years ago
BOEM Extends Comment Period on Oahu Offshore Wind Plans
Business & Finance

BOEM Extends Comment Period on Oahu Offshore Wind Plans

The US Bureau of Ocean Energy Management (BOEM) has extended the comment period on the notice of intent to prepare an environmental assessment for wind leasing and site assessment activities on the Outer Continental Shelf (OCS) offshore the island of Oahu, Hawaii. The comment deadline, originally se

about 10 years ago
Top News of the Week, 25 – 31 July
Business & Finance

Top News of the Week, 25 – 31 July

Van Oord to Buy Bilfinger’s Offshore Wind Unit Van Oord has reached an agreement on the acquisition of the offshore wind activities of Bilfinger Marine & Offshore Systems GmbH, a German company active in the engineering, construction and installation of foundations for offshore wind farms. France Ap

about 10 years ago
Sumitomo Invests in Galloper Offshore Wind Farm
Business & Finance

Sumitomo Invests in Galloper Offshore Wind Farm

Tokyo-headquartered Sumitomo Corporation has signed a contract to invest alongside Macquarie Capital in the 336MW Galloper offshore wind farm. Sumitomo will indirectly take a 12.5% stake in the project with the transaction due to complete in the coming months. The equity sponsors of Galloper, RWE In

about 10 years ago
ORE Catapult Cloning Levenmouth Turbine
Business & Finance

ORE Catapult Cloning Levenmouth Turbine

The Offshore Renewable Energy (ORE) Catapult is creating a digital ‘Clone of the Levenmouth Turbine’ (CLOWT) which will use sensor instrumentation to determine how large megawatt turbines behave and identify cost reduction opportunities through design optimisation. The GBP 450,000 project, with GBP

about 10 years ago
DONG and Matchtech Form Recruiting Partnership
Business & Finance

DONG and Matchtech Form Recruiting Partnership

DONG Energy Wind Power and the UK-based recruiter Machtech have signed a 60 month framework agreement for the provision of temporary staff to DONG Energy’s Danish locations. The contract is set to start on 1 August 2016 and will run through to August 2021. Matchtech has been selected following a ten

about 10 years ago
SgurrEnergy Lands Inch Cape Met Mast O&M Contract
Business & Finance

SgurrEnergy Lands Inch Cape Met Mast O&M Contract

Renewable energy consultancy SgurrEnergy has secured an operations and maintenance (O&M) contract for the Inch Cape Offshore Met Mast off the coast of Angus, Scotland. The scope of the 16 month contract includes offshore inspection and maintenance, recertification, project management, weather foreca

about 10 years ago
EnBW Baltic 2 Delivers Again
Business & Finance

EnBW Baltic 2 Delivers Again

German energy company EnBW Energie Baden-Württemberg AG reported an adjusted EBIDTA (Earnings Before Interest, Taxes, Depreciation and Amortization) of EUR 153.1 million in its Renewable Energies segment, a 75% jump compared to the first half of 2015. Accordingly, the share of the EBITDA for the com

about 10 years ago
UK Wind Shines as Renewables Beat Coal in 2015
Business & Finance

UK Wind Shines as Renewables Beat Coal in 2015

Around 12.5% of electricity generated in the UK in 2015 came from wind, according to the latest annual energy statistics issued today by the UK government. The contribution of offshore wind grew by 30% in 2015, while onshore wind grew by 23%. Total wind generation in 2015 increased by 26% compared t

about 10 years ago
Sif and BOW Terminal Extend Cooperation to Maasvlakte 2
Business & Finance

Sif and BOW Terminal Extend Cooperation to Maasvlakte 2

SIF Group and BOW Terminal Vlissingen have signed an agreement to renew their cooperation which will now cover Sif Group’s new terminal at Maasvlakte 2 in the Port of Rotterdam. The new agreement includes work on the coordination and implementation of both horizontal and vertical transport for all S

about 10 years ago
Van Oord to Buy Bilfinger’s Offshore Wind Unit
Business & Finance

Van Oord to Buy Bilfinger’s Offshore Wind Unit

Van Oord has reached an agreement on the acquisition of the offshore wind activities of Bilfinger Marine & Offshore Systems GmbH, a German company active in the engineering, construction and installation of foundations for offshore wind farms. The agreement covers the acquisition of assets and emplo

about 10 years ago
Centrica Prepping Sale of Last Wind Asset
Business & Finance

Centrica Prepping Sale of Last Wind Asset

Centrica is currently developing plans to dispose of its 50% interest in the 270MW Lincs offshore wind farm, after which the British utility will complete the strategy to dispose of its interests in wind power. The wind farm’s remaining share is held by DONG Energy (25%) and Siemens Project Ventures

about 10 years ago
Polish Eco Watchdog Okays 120-Turbine Offshore Wind Project
Business & Finance

Polish Eco Watchdog Okays 120-Turbine Offshore Wind Project

Regional Director for Environmental Protection in Gdansk has signed an environmental permit for the 120-turbine Baltyk Srodkowy III (Baltic Middle III) offshore wind farm project, the country’s General Directorate for Environmental Protection reported. The aim of the investment is the construction a

about 10 years ago
NATS Wins EOWDC Radar Mitigation Services Contract
Business & Finance

NATS Wins EOWDC Radar Mitigation Services Contract

Air traffic services company NATS has signed a contract with Vattenfall to provide radar mitigation services for the 92.4MW European Offshore Wind Deployment Centre (EOWDC) off the Aberdeenshire coast. The mitigation solution will see NATS ‘blanking’ the EOWDC development on its Perwinnes radar and

about 10 years ago
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