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Business & Finance

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UKTI Connecting Chinese, UK Offshore Wind Interests
Business & Finance

UKTI Connecting Chinese, UK Offshore Wind Interests

UKTI is co-ordinating a delegation of major Chinese project developers, turbine manufacturers and design institutes to Global Offshore Wind 2016, on 21 – 22 June in Manchester. “This will be an excellent opportunity to meet leading companies in this exciting market and to start building the relation

about 10 years ago
Nexans Details Beatrice Gig
Business & Finance

Nexans Details Beatrice Gig

French cable maker Nexans has disclosed its scope of works within the 588MW Beatrice offshore wind project which the company will carry out as part of a partnership with Siemens Transmission and Distribution Ltd. As previously reported, Beatrice Offshore Windfarm Ltd chose the two companies to suppl

about 10 years ago
EIB Backs Beatrice with Its Largest Ever Offshore Wind Investment
Business & Finance

EIB Backs Beatrice with Its Largest Ever Offshore Wind Investment

The European Investment Bank (EIB) has agreed to provide GBP 525 million for construction of the 588MW Beatrice wind farm off Scotland, representing the single largest support ever for investment in an offshore wind project by the bank. The 19-year, long-term loan will support more than GBP 2.7 bill

about 10 years ago
Mainstream CEO Is New GWEC Global Ambassador
Business & Finance

Mainstream CEO Is New GWEC Global Ambassador

Eddie O’Connor, the founder and CEO of Mainstream Renewable Power, has been appointed as the Global Wind Energy Council’s (GWEC) new Global Ambassador. In his new role, O’Connor will work with GWEC to ensure that the wind sector’s voice is heard, and that more and more countries understand the benef

about 10 years ago
Borssele Tender Attracts 38 Bids, Cost Reduction Main Priority
Business & Finance

Borssele Tender Attracts 38 Bids, Cost Reduction Main Priority

The tender for the 700MW Borssele I&II offshore wind farm zones has attracted 38 bids and the first impression is that the wind developers have put a lot of effort in driving down the costs, the Dutch media cited Henk Kamp, the country’s Minister of Economic Affairs, as saying. The bids show that th

about 10 years ago
Siemens and Nexans Join In on Beatrice Action
Business & Finance

Siemens and Nexans Join In on Beatrice Action

Siemens has received a contract to supply, install and commission 84 7MW wind turbines, and provide grid access solution for the 588MW Beatrice offshore wind project, which will feed the power to the grid through Nexans’ export cable. The Beatrice offshore wind farm will be located around 14 kilomet

about 10 years ago
Beatrice Cleared for Takeoff
Business & Finance

Beatrice Cleared for Takeoff

The GBP 2.6 billion Beatrice Offshore Windfarm Ltd (BOWL) project has been given the green light for construction by owners SSE, Copenhagen Infrastructure Partners (CIP) and SDIC Power after the project reached financial close. The 588MW, 84 turbine project, situated in the Outer Moray Firth, was co

about 10 years ago
German Wind En Route to Beat Nuclear Power in 2016
Business & Finance

German Wind En Route to Beat Nuclear Power in 2016

German onshore and offshore wind turbines are set to generate more power in 2016 than the country’s nuclear power plants according to an initial extrapolation from current data carried out by IWR, a renewable energy institute. One of the main factors driving the boost in the generation of wind power

about 10 years ago
Subsea 7, Seaway Heavy Lifting Land Ten-Figure Offshore Wind Contract
Business & Finance

Subsea 7, Seaway Heavy Lifting Land Ten-Figure Offshore Wind Contract

Subsea 7 has teamed up with Seaway Heavy Lifting on an engineering, procurement, construction and installation (EPCI) contract for wind farm turbine foundations and array cables to be installed at the 588MW Beatrice offshore wind farm located in the Outer Moray Firth, Scotland. The value of the cont

about 10 years ago
OECD: Offshore Wind One of Top Ocean Industries in 2030
Business & Finance

OECD: Offshore Wind One of Top Ocean Industries in 2030

Offshore wind is among the top ocean‑based industries that have the potential to outperform the growth of the global economy as a whole by 2030, both in terms of value added and employment. This is according to “The Ocean Economy in 2030” report, published by the Organisation for Economic Co-operati

about 10 years ago
Siemens Picks Houlder to Design Sea Fastenings for Galloper Turbines
Business & Finance

Siemens Picks Houlder to Design Sea Fastenings for Galloper Turbines

Siemens Wind Power has awarded UK-based marine engineers, Houlder Ltd, the contract for the design of sea fastenings for the 336MW Galloper wind farm project. The Galloper wind farm construction consists of 56 Siemens 6MW SWT-6.0-154 turbines. Critical to the successful construction of the offshore

about 10 years ago
Lake Erie Offshore Wind Demo Project In Line For Another Federal Grant
Business & Finance

Lake Erie Offshore Wind Demo Project In Line For Another Federal Grant

The U.S. Department of Energy is planning to award a USD 3.7 million grant to the Lake Erie Energy Development Corp. (LEEDCo) for the development of the 20.7MW offshore wind demonstration project in Lake Erie, according to local media. This would be the third DOE’s grant for the project, bringing th

about 10 years ago
Ramboll Cracks Chinese Offshore Wind Farm Design Market
Business & Finance

Ramboll Cracks Chinese Offshore Wind Farm Design Market

Danish engineering, design and consultancy company Ramboll has won a contract to design the 400MW Binhai North Phase 2 offshore wind farm in the Jiangsu province, China, developed and owned by the State Power Investment Corporation (SPIC). The contract makes Ramboll the first non-domestic company to

about 10 years ago
DONG Seals New Jersey Deal
Business & Finance

DONG Seals New Jersey Deal

DONG Energy has taken over more than 1,000MW development project rights off the coast of New Jersey from RES Americas Developments Inc (RES). The companies finalised the deal during Bureau of Ocean Energy Management (BOEM) New Jersey Renewable Energy Task Force Meeting held in Trenton on 19 May. The

about 10 years ago
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