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AWEA Welcomes Danish-US Offshore Wind MOU
Business & Finance

AWEA Welcomes Danish-US Offshore Wind MOU

The American Wind Energy Association (AWEA) has hailed progress by American agencies in working with their Scandinavian counterparts to expedite the development of offshore wind in this country. The leaders of the United States, Denmark, Finland, Iceland, Norway, and Sweden released a joint statemen

about 10 years ago
The Crown Estate Okays Hywind Scotland Seabed Lease
Business & Finance

The Crown Estate Okays Hywind Scotland Seabed Lease

The Crown Estate has granted a lease to Statoil that will enable the start of construction of the 30MW Hywind Scotland floating wind farm located at Buchan Deep, some 25 kilometres from Peterhead. The project – set to be the world’s largest floating wind farm – consists of five 6MW turbines which wi

about 10 years ago
UK Wind Notches First Monthly Output Win over Coal
Business & Finance

UK Wind Notches First Monthly Output Win over Coal

The National Grid statistics have shown that wind generated more electricity in the UK than coal over the course of an entire month for the first time this April, RenewableUK reports. In April 2016, wind generated 2,290 gigawatt hours (GWh) in the UK, while coal generated 1,755GWh, according to the

about 10 years ago
France to Announce Floating Wind Tender Winners in July
Business & Finance

France to Announce Floating Wind Tender Winners in July

France will announce the results of the call for expressions of interest to develop floating offshore wind projects in July 2016, Ségolène Royal, the French Minister for Ecology, Sustainable Development and Energy, said. The quality and the number of applications received under the tender reflect th

about 10 years ago
Denmark and USA Ink Offshore Wind MOU
Business & Finance

Denmark and USA Ink Offshore Wind MOU

Denmark and the United States have signed a Memorandum of Understanding (MOU) to strengthen their cooperation on offshore wind energy projects. On 4 May 2016 at the Embassy of Denmark in Washington, D.C., Danish Ambassador Lars Gert Lose and BOEM Director Abigail Ross Hopper signed the MOU to recogn

about 10 years ago
Interview: Specialized Vessels Give Chevalier Floatels a Competitive Edge in Offshore RE Industry
Business & Finance

Interview: Specialized Vessels Give Chevalier Floatels a Competitive Edge in Offshore RE Industry

Oil and gas offshore service vessel operators are becoming increasingly interested in the offshore renewables industry as their main market deteriorates; however, vessel operators that specialize in the renewables sector such as Chevalier Floatels have an edge over the new competitors in that their

about 10 years ago
Top News of the Week May 9 – 15, 2016
Business & Finance

Top News of the Week May 9 – 15, 2016

Oil & Gas Giant Bids to Build Dutch Offshore Wind Farms Following recent media reports that Shell, one of the biggest oil and gas companies, will take part in Dutch tender for Borssele I and II offshore wind sites as part of a consortium also comprising Eneco and Van Oord, the move was confirmed thi

about 10 years ago
ASIME: Offshore Wind Could Create 10,000 Jobs in Galicia
Business & Finance

ASIME: Offshore Wind Could Create 10,000 Jobs in Galicia

Offshore wind industry could potentially create 10,000 jobs in the Spanish region of Galicia in the coming years, Enrique Mallon, the Secretary General of the association of metal workers of Galicia (ASIME), said during Galician Offshore International HUB 2016 forum held in Ferrol on 12 and 13 May.

about 10 years ago
RenewableUK: Dudgeon Proves UK Offshore Wind Is Attractive to Investors
Business & Finance

RenewableUK: Dudgeon Proves UK Offshore Wind Is Attractive to Investors

RenewableUK says the announcement by Statkraft, Statoil and Masdar that a GBP 1.3 billion agreement has been reached to achieve financial close on the Dudgeon offshore wind farm project shows that investor confidence in the UK’s offshore wind market remains high. RenewableUK’s Deputy Chief Executive

about 10 years ago
Origo Joins Hywind Team
Business & Finance

Origo Joins Hywind Team

Norwegian technology company Origo Solutions has been awarded a contract to develop a Supervisory Control and Data Acquisition (SCADA) system for the Hywind Scotland Pilot Park. Statoil’s 30MW Hywind Scotland is the world’s first floating wind farm, located some 30 kilometers off the coast of Aberde

about 10 years ago
EnBW Baltic 2 Brings Home the Bacon
Business & Finance

EnBW Baltic 2 Brings Home the Bacon

German utility EnBW AG’s Grids and Renewable Energies division recorded a 159% increase in its operating result in the first quarter of 2016 compared to the same period in 2015, largely attributed to the 288 EnBW Baltic 2 offshore wind farm which was fully commissioned in September 2015. The divisio

about 10 years ago
US Offshore Wind Demo Projects Could Get a USD 40 Million Boost
Business & Finance

US Offshore Wind Demo Projects Could Get a USD 40 Million Boost

The US Senate has passed the Energy and Water Development Appropriations Act, a bipartisan legislation which includes a recommendation that USD 40 million be allocated to the offshore wind demonstration programs. Senator Angus King from Maine has urged the Appropriations Committee to include this la

about 10 years ago
Dudgeon Nets GBP 1.3 Billion Project Financing
Business & Finance

Dudgeon Nets GBP 1.3 Billion Project Financing

The developers of the 402MW Dudgeon offshore wind farm have arranged a GBP 1.3 billion long-term financing for the project with a consortium of international banks and financial institutions on May 12, having reached financial close in six months. The limited recourse financing will fund the capital

about 10 years ago
BOEM to Talk Offshore Wind in Hawaii
Business & Finance

BOEM to Talk Offshore Wind in Hawaii

The US Bureau of Ocean Energy Management (BOEM) will hold the Hawaii intergovernmental renewable energy task force meeting in Honolulu on 16 May to discuss current and future plans for leasing areas in waters off Oahu for offshore wind development. Specifically, BOEM will present the details of BOEM

about 10 years ago
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